SEC Form 4 · accession 0001662857-17-000004
EPAM Systems, Inc. · EPAM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Elaina Shekhter
Officer — Chief Marketing Officer
Period of report
Mar 24, 2017
Accepted (ET)
Mar 29, 2017 · 5:19 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 StockF1 | Mar 24, 2017 | A | 4,167 | $0.00 | A | 15,430 | 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 | $73.27 | Mar 24, 2017 | A | 11,878 | A | — | Mar 24, 2027 | EPAM Common Stock | 11,878 | 11,878 | D |
Explanation of responses
- F1Represents restricted stock units that are scheduled to vest as to 25% of the shares on each of March 24, 2018, 2019, 2020, and 2021.
- F2The option, representing the right to purchase a total of 11,878 shares, will become exercisable as to 25% of the shares on each of March 24, 2018, 2019, 2020, and 2021.