GRID DYNAMICS HOLDINGS, INC. — Director's Dealing 2022

Mar 1, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GRID DYNAMICS HOLDINGS, INC. (GDYN)
CIK: 0001743725
Period of Report: 2022-02-25

Reporting Person: Livschitz Leonard (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-02-25	Common Stock	A	69983	$0.00	Acquired	2725216	Direct
2022-02-25	Common Stock	F	36846	$14.72	Disposed	2688370	Direct

Footnotes

F1: Represents the acquisition of shares upon the determination of the Board of Directors of the Issuer that the performance conditions were met with respect to a portion of the performance share awards granted to the Reporting Person on March 2, 2021.

F2: Represents shares that have been withheld by the Issuer to satisfy tax withholding and remittance obligations in connection with the issuance of shares pursuant to performance share awards granted to the Reporting Person on March 2, 2021.