SEC Form 4 · accession 0001702274-18-000006
EPAM Systems, Inc. · EPAM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jason D. Peterson
Officer — Chief Financial Officer
Period of report
May 11, 2018
Accepted (ET)
May 15, 2018 · 6:11 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 11, 2018 | S | 720 | $129.7628 | D | 10,627 | D | |
| EPAM Common Stock | May 11, 2018 | M | 1,200 | $74.44 | A | 11,827 | D | |
| EPAM Common Stock | May 11, 2018 | S | 1,200 | $129.7864 | D | 10,627 | D | |
| EPAM Common Stock | May 11, 2018 | M | 1,200 | $74.44 | A | 11,827 | D | |
| EPAM Common Stock | May 11, 2018 | S | 1,200 | $129.7908 | D | 10,627 | 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 | $74.44 | May 11, 2018 | M | 1,200 | D | — | Apr 5, 2027 | EPAM Common Stock | 1,200 | 24,232 | D |
| Employee Stock Option (right to buy)F2 | $74.44 | May 11, 2018 | M | 1,200 | D | — | Apr 5, 2027 | EPAM Common Stock | 1,200 | 23,032 | D |
Explanation of responses
- F1The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan.
- F2The option became exercisable as to 25% of the shares on April 5, 2018 and will become exercisable as to 25% on each of April 5, 2019, 2020 and 2021.