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GRID DYNAMICS HOLDINGS, INC. Director's Dealing 2024

Feb 22, 2024

32589_dirs_2024-02-22_05b80f13-e9e1-4c07-a5c6-44d3b95df8c5.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: 2024-02-20

Reporting Person: Livschitz Leonard (N/A)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2024-02-20 Common Stock A 566524 $13.54 Acquired 4079980 Direct
2024-02-20 Common Stock F 304506 $13.54 Disposed 3775474 Direct
2024-02-21 Common Stock F 765 $13.49 Disposed 5235 Indirect

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 the performance share awards granted to the Reporting Person on February 21, 2023.

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 February 21, 2023.

F3: Represents shares that have been withheld by the Issuer to satisfy tax withholding and remittance obligations in connection with the net settlement of unreported restricted stock units granted to the Reporting Person's spouse.

F4: The shares are held by the Reporting Person's spouse.