SEC Form 4 · accession 0001684907-18-000006
EPAM Systems, Inc. · EPAM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Boris Shnayder
Officer — SVP/Co-Head of Global Business
Period of report
Aug 13, 2018
Accepted (ET)
Aug 13, 2018 · 4:15 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 13, 2018 | M | 3,000 | $70.52 | A | 25,508 | D | |
| EPAM Common StockF1 | Aug 13, 2018 | S | 3,000 | $130.86 | D | 22,508 | 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 | $70.52 | Aug 13, 2018 | M | 3,000 | A | — | Mar 25, 2026 | EPAM Common Stock | 3,000 | 15,308 | 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 $130.67 to $131.01, 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 March 25, 2017, 2018, 2019 and 2020.