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GRID DYNAMICS HOLDINGS, INC. Director's Dealing 2020

Jun 22, 2020

32589_dirs_2020-06-22_c5806915-a286-40e5-a9b6-f98274c74bcf.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GRID DYNAMICS HOLDINGS, INC. (GDYN)
CIK: 0001743725
Period of Report: 2020-06-18

Reporting Person: Chaserg Technology Sponsor LLC (10% Owner)
Reporting Person: Explorer Parent LLC (10% Owner)
Reporting Person: Founder Holdings LLC (10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2020-06-18 Common Stock J 4940000 Disposed 1090000 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2020-06-18 Warrants (right to buy) $11.50 J 265000 Disposed 2025-03-05 Common Stock (265000) Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 3683703 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Warrants (right to buy) $11.5 2025-03-05 Common Stock (291500) 291500 Indirect

Footnotes

F1: Represents a pro rata distribution in-kind by ChaSerg Technology Sponsor LLC ("Sponsor") to its limited partners for no consideration (the "Distribution").

F2: By Sponsor. By virtue of the relationships between Explorer Parent LLC ("Explorer"), Founder Holdings LLC ("Founder") and Sponsor, each of Explorer and Founder may be deemed to share beneficial ownership of the securities held of record by Sponsor.

F3: Includes securities received in the Distribution.

F4: By Explorer. Founder, as the managing member of Explorer, may be deemed to share beneficial ownership of these securities.