SEC Form 4 · accession 0001538408-18-000006
EPAM Systems, Inc. · EPAM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Balazs Fejes
Officer — EVP/Co-Head of Global Business
Period of report
Aug 27, 2018
Accepted (ET)
Aug 27, 2018 · 4:04 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 | Aug 27, 2018 | M | 12,000 | $4.63 | A | 28,458 | D | |
| EPAM Common StockF1 | Aug 27, 2018 | S | 15,133 | $141.33 | D | 13,325 | 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 | Aug 27, 2018 | M | 12,000 | D | — | Aug 13, 2020 | EPAM Common Stock | 12,000 | 39,600 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $141.00 to $141.85, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
- F2The option became exercisable as to 25% of the shares on each of January 1, 2011, 2012, 2013 and 2014.