EPAM Systems, Inc. — Director's Dealing 2021

Mar 1, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EPAM Systems, Inc. (EPAM)
CIK: 0001352010
Period of Report: 2021-02-25

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-25	EPAM Common Stock	M	1000	$112.62	Acquired	12557	Direct
2021-03-01	EPAM Common Stock	M	1021	$112.62	Acquired	13578	Direct
2021-03-01	EPAM Common Stock	M	1500	$169.13	Acquired	15078	Direct
2021-02-25	EPAM Common Stock	S	1000	$371	Disposed	14078	Direct
2021-03-01	EPAM Common Stock	S	2521	$378	Disposed	11557	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-02-25	Employee Stock Option (right to buy)	$112.62	M	1000	Disposed	2028-03-23	EPAM Common Stock (1000.0)	Direct
2021-03-01	Employee Stock Option (right to buy)	$112.62	M	1021	Disposed	2028-03-23	EPAM Common Stock (1021.0)	Direct
2021-03-01	Employee Stock Option (right to buy)	$169.13	M	1500	Disposed	2029-03-29	EPAM Common Stock (1500.0)	Direct

Footnotes

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

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