SEC Form 4 · accession 0001538409-15-000006
EPAM Systems, Inc. · EPAM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ginger Mosier
Officer — SVP, General Counsel, Corp Sec
Period of report
Sep 17, 2015
Accepted (ET)
Sep 21, 2015 · 4:42 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 | Sep 17, 2015 | M | 387 | $16.80 | A | 5,387 | D | |
| EPAM Common Stock | Sep 18, 2015 | M | 1,091 | $16.80 | A | 6,478 | D | |
| EPAM Common Stock | Sep 18, 2015 | M | 6,500 | $22.99 | A | 12,978 | D | |
| EPAM Common Stock | Sep 18, 2015 | M | 2,022 | $32.08 | A | 15,000 | D | |
| EPAM Common Stock | Sep 17, 2015 | S | 387 | $75.00 | D | 14,613 | D | |
| EPAM Common Stock | Sep 18, 2015 | S | 9,613 | $75.00 | 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 | $16.80 | Sep 17, 2015 | M | 387 | D | — | Mar 19, 2022 | EPAM Common Stock | 387 | 3,366 | D |
| Employee Stock Option (right to buy)F2 | $16.80 | Sep 18, 2015 | M | 1,091 | D | — | Mar 19, 2022 | EPAM Common Stock | 1,091 | 2,275 | D |
| Employee Stock Option (right to buy)F3 | $22.99 | Sep 18, 2015 | M | 6,500 | D | — | Apr 12, 2023 | EPAM Common Stock | 6,500 | 6,500 | D |
| Employee Stock Option (right to buy)F4 | $32.08 | Sep 18, 2015 | M | 2,022 | D | — | Mar 31, 2024 | EPAM Common Stock | 2,022 | 12,978 | D |
Explanation of responses
- F1The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan.
- F2The 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.
- F3The option, representing a right to purchase a total of 13,000 shares, became exercisable as to 25% of the shares on each of April 12, 2014 and 2015, and will become exercisable as to 25% of the shares on each of April 12, 2016 and 2017.
- F4The option, representing a right to purchase a total of 15,000 shares, became exercisable as to 25% of the shares on March 31, 2015, and will become exercisable as to 25% of the shares on each of March 31, 2016, 2017 and 2018.