SEC Form 4 · accession 0001538409-15-000004
EPAM Systems, Inc. · EPAM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ginger Mosier
Officer — VP, General Counsel, Corp Sec
Period of report
May 22, 2015
Accepted (ET)
May 22, 2015 · 3:47 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 | May 22, 2015 | M | 8,928 | $6.88 | A | 13,928 | D | |
| EPAM Common Stock | May 22, 2015 | M | 3,072 | $16.80 | A | 17,000 | D | |
| EPAM Common StockF1 | May 22, 2015 | S | 12,000 | $67.06 | D | 5,000 | 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 | $6.88 | May 22, 2015 | M | 8,928 | D | — | Aug 13, 2020 | EPAM Common Stock | 8,928 | 0 | D |
| Employee Stock Option (right to buy)F3 | $16.80 | May 22, 2015 | M | 3,072 | D | — | Mar 19, 2022 | EPAM Common Stock | 3,072 | 3,753 | 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 $67.03 to $67.44, 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, representing a right to purchase a total of 35,720 shares, became exercisable as to 25% of the shares on each of January 1, 2011, 2012, 2013 and 2014.
- F3The option, representing a right to purchase a total of 9,100 shares, became exercisable as to 25% of the shares on each of March 19, 2013, 2014 and 2015, and will become exercisable as to 25% of the shares on March 19, 2016.