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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1352010	Epam Systems Inc.	EPAM	Services-Computer Programming Services (7371)	223536104

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1539435	Ilya Cantor	C/O Epam Systems, Inc. 41 University Drive, Suite 202 Newtown PA 18940	Sr. Vp, Cfo, Treasurer	No	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2012-11-12	4,000	$1.52	12,000	No	4	M	Direct
Common Stock	Disposition	2012-11-12	4,000	$19.22	8,000	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Employee Stock Option (right to buy)	Disposition	2012-11-12	4,000	$0.00	4,000	$1.52

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
70,344		2016-01-20	No	4	M	Direct

Footnotes

The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 23, 2012.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $18.83 to $19.44, 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 ranges set forth in this footnote to this Form 4.
The option became exercisable as to 28,000 shares on each of January 20, 2007, 2008, 2009 and 2010.