GRID DYNAMICS HOLDINGS, INC. — Director's Dealing 2020

Jun 12, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GRID DYNAMICS HOLDINGS, INC. (GDYN)
CIK: 0001743725
Period of Report: 2018-10-25

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
2020-03-05	Common Stock	C	530000	—	Acquired	6030000	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-10-25	Placement Units	$	P	30000	Acquired		Common Stock (30000)	Indirect
2020-03-05	Placement Units	$	C	30000	Acquired		Common Stock (30000)	Indirect
2020-03-05	Class B Common Stock	$	C	500000	Acquired		Common Stock (500000)	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	53000	Indirect

Footnotes

F1: The Class B Common Stock converted into Common Stock on a one-for-one basis upon consummation of the initial business combination and had no expiration date.

F2: The Placement Units converted into Common Stock on a one-for-one basis upon consummation of the initial business combination and had no expiration date.

F3: By ChaSerg Technology Sponsor LLC ("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.

F4: Explorer is the record holder of the securities reported herein. Founder, as the managing member of Explorer, may be deemed to share beneficial ownership of these securities.