EPAM Systems, Inc. — Director's Dealing 2021

Nov 22, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EPAM Systems, Inc. (EPAM)
CIK: 0001352010
Period of Report: 2021-11-19

Reporting Person: Peterson Jason D. (Chief Financial Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-11-19	EPAM Common Stock	M	519	$112.62	Acquired	10099	Direct
2021-11-19	EPAM Common Stock	M	481	$169.13	Acquired	10580	Direct
2021-11-19	EPAM Common Stock	S	1000	$670	Disposed	9580	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-11-19	Employee Stock Option (right to buy)	$112.62	M	519	Disposed	2028-03-23	EPAM Common Stock (519.0)	Direct
2021-11-19	Employee Stock Option (right to buy)	$169.13	M	481	Disposed	2029-03-29	EPAM Common Stock (481.0)	Direct

Footnotes

F1: The option became exercisable as to 25% of the shares on each of March 23, 2019, 2020, 2021, and will become exercisable as to 25% of the shares on March 23, 2022.

F2: The option became exercisable as to 25% of the shares on each of March 29, 2020 and 2021, and will become exercisable on each of March 29, 2022 and 2023.