EPAM Systems, Inc. — Director's Dealing 2021

May 24, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EPAM Systems, Inc. (EPAM)
CIK: 0001352010
Period of Report: 2021-05-20

Reporting Person: Yezhkov Sergey (SVP/Co-Head of Global Business)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-05-20	EPAM Common Stock	M	13333	$70.52	Acquired	22659	Direct
2021-05-20	EPAM Common Stock	S	13333	$459.14	Disposed	9326	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-05-20	Employee Stock Option (right to buy)	$70.52	M	13333	Disposed	2026-03-25	EPAM Common Stock (13333.0)	Direct

Footnotes

F1: The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $452.95 to $473.81, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.

F3: The option, representing the right to purchase a total of 13,333 shares, became exercisable as to 25% of the shares on each of March 25, 2017, 2018, 2019, and 2020.