4//SEC Filing
Dobkin Arkadiy 4
Accession 0001538843-24-000004
CIK 0001352010other
Filed
Mar 18, 8:00 PM ET
Accepted
Mar 19, 4:29 PM ET
Size
18.3 KB
Accession
0001538843-24-000004
Insider Transaction Report
Form 4
Dobkin Arkadiy
DirectorCEO, President, Chairman10% Owner
Transactions
- Sale
EPAM Common Stock
2024-03-15$300.17/sh−9,300$2,791,581→ 1,275,311 total - Exercise/Conversion
EPAM Common Stock
2024-03-15$32.08/sh+19,000$609,520→ 1,294,311 total - Tax Payment
EPAM Common Stock
2024-03-15$302.24/sh−584$176,508→ 1,292,843 total - Tax Payment
EPAM Common Stock
2024-03-15$302.24/sh−1,135$343,042→ 1,291,708 total - Award
EPAM Common Stock
2024-03-15+10,374→ 1,302,082 total - Exercise/Conversion
Employee Stock Option (right to buy)
2024-03-15−19,000→ 0 totalExercise: $32.08Exp: 2024-03-31→ EPAM Common Stock (19,000 underlying) - Tax Payment
EPAM Common Stock
2024-03-15$302.24/sh−884$267,180→ 1,293,427 total - Award
Employee Stock Option (right to buy)
2024-03-15+9,365→ 9,365 totalExercise: $298.89Exp: 2034-03-15→ EPAM Common Stock (9,365 underlying)
Holdings
- 436,189(indirect: See footnote)
EPAM Common Stock
Footnotes (6)
- [F1]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.
- [F2]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.
- [F3]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.
- [F4]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.
- [F5]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.
- [F6]The option will become exercisable as to 25% of the shares on each of March 15, 2025, 2026, 2027, and 2028.
Documents
Issuer
EPAM Systems, Inc.
CIK 0001352010
Entity typeother
Related Parties
1- filerCIK 0001538843
Filing Metadata
- Form type
- 4
- Filed
- Mar 18, 8:00 PM ET
- Accepted
- Mar 19, 4:29 PM ET
- Size
- 18.3 KB