SEC Form 4 · accession 0001538408-16-000016
EPAM Systems, Inc. · EPAM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Balazs Fejes
Officer — SVP/Co-Head of Global Business
Period of report
Apr 1, 2016
Accepted (ET)
Apr 5, 2016 · 4:51 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001352010
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| EPAM Common Stock | Apr 1, 2016 | M | 10,000 | $4.63 | A | 24,645 | D | |
| EPAM Common Stock | Apr 1, 2016 | S | 10,000 | $75.00 | D | 14,645 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F2 | $4.63 | Apr 1, 2016 | M | 10,000 | D | — | Aug 13, 2020 | EPAM Common Stock | 10,000 | 94,600 | D |
Explanation of responses
- F1The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan.
- F2The option became exercisable as to 25% of the shares on each of January 1, 2011, 2012, 2013 and 2014.