EPAM Systems, Inc. — Director's Dealing 2024

Jan 9, 2024

SEC Form 5 — Annual Statement of Changes in Beneficial Ownership

Issuer: EPAM Systems, Inc. (EPAM)
CIK: 0001352010
Period of Report: 2023-12-31

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-04-30	EPAM Common Stock	A	31	$240.07	Acquired	23609	Direct
2023-10-31	EPAM Common Stock	A	41	$184.93	Acquired	23650	Direct

Footnotes

F1: The number of shares in column 4 also includes a de minimis adjustment of 0.24 shares due to the rounding of fractional shares.

F2: The reporting person is voluntarily reporting the acquisition of the Issuer's Common Stock pursuant to the EPAM Systems, Inc. 2021 Employee Stock Purchase Plan (the "ESPP"), for the ESPP purchase period of November 1, 2022 through April 30, 2023 (the "Purchase Period"). This transaction is also exempt from Rule 16b-3(c). In accordance with the ESPP, these shares were purchased at the lesser of (i) 85% of the fair market value of such shares of Common Stock on the first trading day of the Purchase Period and (ii) 85% of the fair market value of such shares of Common Stock on the last day of the Purchase Period.

F3: The number of shares in column 4 also includes a de minimis adjustment of 0.445 shares due to the rounding of fractional shares.

F4: The reporting person is voluntarily reporting the acquisition of the Issuer's Common Stock pursuant to the EPAM Systems, Inc. 2021 Employee Stock Purchase Plan (the "ESPP"), for the ESPP purchase period of May 1, 2023 through October 31, 2023 (the "Purchase Period"). This transaction is also exempt from Rule 16b-3(c). In accordance with the ESPP, these shares were purchased at the lesser of (i) 85% of the fair market value of such shares of Common Stock on the first trading day of the Purchase Period and (ii) 85% of the fair market value of such shares of Common Stock on the last day of the Purchase Period.