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GRID DYNAMICS HOLDINGS, INC. Director's Dealing 2022

May 6, 2022

32589_dirs_2022-05-05_ff79b008-de52-4a11-b889-165c3c7c2975.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: 2022-05-03

Reporting Person: Klimoff Stan (Chief Strategy Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2022-05-03 Common Stock A 104003 $0.00 Acquired 297250 Direct
2022-05-04 Common Stock F 2279 $15.17 Disposed 294971 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 72084 Indirect

Footnotes

F1: These securities are restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Common Stock. One-half of the RSUs shall vest on May 3, 2023 and one-eighth of the RSUs shall vest on each three-month anniversary thereafter, subject to the Reporting Person continuing as a service provider through each such date.

F2: Represents shares that have been withheld by the Issuer to satisfy tax withholding and remittance obligations in connection with the net settlement of RSUs.

F3: The shares are held of record by the O. Fox Charitable Trust for which the Reporting Person serves as trustee.