Filing Details
- Accession Number:
- 0001538843-24-000004
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2024-03-19 16:29:01
- Reporting Period:
- 2024-03-15
- Accepted Time:
- 2024-03-19 16:29:01
- SEC Url:
- Form 4 Filing
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 |
|---|---|---|---|---|---|---|---|
| 1538843 | Arkadiy Dobkin | 41 University Drive, Suite 202 Newtown PA 18940 | Ceo, President, Chairman | Yes | 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Epam Common Stock | Disposition | 2024-03-15 | 9,300 | $300.17 | 1,275,311 | No | 4 | S | Direct | |
| Epam Common Stock | Acquisiton | 2024-03-15 | 19,000 | $32.08 | 1,294,311 | No | 4 | M | Direct | |
| Epam Common Stock | Disposition | 2024-03-15 | 884 | $302.24 | 1,293,427 | No | 4 | F | Direct | |
| Epam Common Stock | Disposition | 2024-03-15 | 584 | $302.24 | 1,292,843 | No | 4 | F | Direct | |
| Epam Common Stock | Disposition | 2024-03-15 | 1,135 | $302.24 | 1,291,708 | No | 4 | F | Direct | |
| Epam Common Stock | Acquisiton | 2024-03-15 | 10,374 | $0.00 | 1,302,082 | No | 4 | A | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | F | Direct | |
| No | 4 | F | Direct | |
| No | 4 | A | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Epam Common Stock | Employee Stock Option (right to buy) | Disposition | 2024-03-15 | 19,000 | $0.00 | 19,000 | $32.08 |
| Epam Common Stock | Employee Stock Option (right to buy) | Acquisiton | 2024-03-15 | 9,365 | $0.00 | 9,365 | $298.89 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2024-03-31 | No | 4 | M | Direct | |
| 9,365 | 2034-03-15 | No | 4 | A | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Epam Common Stock | 436,189 | Indirect | See footnote |
Footnotes
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $299.25 to $301.49, 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.
- These shares were withheld by the Issuer to satisfy the tax withholding requirement arising from the vesting of restricted stock units granted to the reporting person under the Issuer's Long Term Incentive Plan.
- Represents restricted stock units that are scheduled to vest as to 25% of the shares on each of March 15, 2025, 2026, 2027, and 2028.
- These shares are held by the Arkadiy Dobkin GST Exempt Grantor Trust for the benefit of the reporting person's children. The reporting person's spouse is trustee of the trust. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the filing of this report should not be deemed an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
- The option, representing a right to purchase 80,000 shares, became exercisable as to 25% of the shares on each of March 31, 2015, 2016, 2017 and 2018.
- The option will become exercisable as to 25% of the shares on each of March 15, 2025, 2026, 2027, and 2028.
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