SEC Form 4 · accession 0001702274-19-000001
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
Feb 26, 2019
Accepted (ET)
Feb 26, 2019 · 5:22 pm EST
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 | Feb 26, 2019 | M | 2,000 | $74.44 | A | 12,627 | D | |
| EPAM Common StockF1 | Feb 26, 2019 | S | 2,800 | $158.70 | D | 9,827 | 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 | Feb 26, 2019 | M | 2,000 | D | — | Apr 5, 2027 | EPAM Common Stock | 2,000 | 21,032 | 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 $158.42 to $159.12, inclusive. The reporting person undertakes to provide 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 the Form 4.
- F2The option became exercisable as to 25% of the shares on each of April 5, 2018, 2019, 2020 and 2021.