EPAM Systems, Inc. — Director's Dealing 2022

Mar 30, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: EPAM Systems, Inc. (EPAM)
CIK: 0001352010
Period of Report: 2022-03-25

Reporting Person: Solomon Lawrence F (SVP & Chief People Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-03-25	EPAM Common Stock	A	2762	—	Acquired	10077	Direct
2022-03-27	EPAM Common Stock	F	213	$266.75	Disposed	9864	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-03-25	Employee Stock Option (right to buy)	$266.75	A	6558	Acquired	2032-03-25	EPAM Common Stock (6558.0)	Direct

Footnotes

F1: Represents restricted stock units that are scheduled to vest as to 25% of the shares on each of March 15, 2023, 2024, 2025, and 2026.

F2: These shares were withheld by the Issuer to satisfy the tax withholding requirement arising from the vesting of restricted stock units granted to the reporting person under the Issuer's Long Term Incentive Plan.

F3: The option will become exercisable as to 25% of the shares on each of March 15, 2023, 2024, 2025, and 2026.