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GRID DYNAMICS HOLDINGS, INC. Director's Dealing 2020

Jun 12, 2020

32589_dirs_2020-06-12_64117c50-a090-4e74-9cff-6bb4fbc9f8b9.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: 2020-06-09

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2020-06-09 Common Stock S 6454 $9.0024 Disposed 46546 Indirect
2020-06-10 Common Stock S 46546 $8.876 Disposed 0 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 6030000 Indirect

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $9.00 to $9.06. The reporting person undertakes to provide Grid Dynamics Holdings, Inc. (the "Company"), any security holder of the Company, 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.

F2: Explorer Parent LLC ("Explorer") is the record holder of the securities reported herein. Founder Holdings LLC ("Founder"), as the managing member of Explorer, may be deemed to share beneficial ownership of these securities.

F3: By virtue of the relationships between Explorer, Founder and ChaSerg Technology Sponsor LLC ("Sponsor"), each of Explorer and Founder may be deemed to share beneficial ownership of the securities held of record by Sponsor.

F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.75 to $9.035. The reporting person undertakes to provide the Company, any security holder of the Company, 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.

F5: By Sponsor.