SEC Form 4 · accession 0001732130-18-000010
EPAM Systems, Inc. · EPAM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jason Harman
Officer — SVP/Co-Head of Global Business
Period of report
Aug 21, 2018
Accepted (ET)
Aug 21, 2018 · 4:06 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 21, 2018 | M | 577 | $70.52 | A | 9,473 | D | |
| EPAM Common Stock | Aug 21, 2018 | M | 2,970 | $73.27 | A | 12,443 | D | |
| EPAM Common Stock | Aug 21, 2018 | S | 3,547 | $136.98 | D | 8,896 | 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)F1 | $70.52 | Aug 21, 2018 | M | 577 | A | — | Mar 25, 2026 | EPAM Common Stock | 577 | 7,308 | D |
| Employee Stock Option (right to buy)F2 | $73.27 | Aug 21, 2018 | M | 2,970 | A | — | Mar 24, 2027 | EPAM Common Stock | 2,970 | 14,848 | D |
Explanation of responses
- F1The option, representing a right to purchase a total of 12,308 shares, became exercisable as to 25% of the shares on each of March 25, 2017 and 2018, and will become exercisable as to 25% of the shares on each of March 25, 2019 and 2020.
- F2The option, representing a right to purchase a total of 11,878 shares, became exercisable as to 25% of the shares on March 24, 2018, and will become exercisable as to 25% of the shares on each of March 24, 2019, 2020 and 2021.