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4//SEC Filing

Dobkin Arkadiy 4

Accession 0001538843-25-000003

CIK 0001352010other

Filed

Mar 23, 8:00 PM ET

Accepted

Mar 24, 4:04 PM ET

Size

10.0 KB

Accession

0001538843-25-000003

Insider Transaction Report

Form 4
Period: 2025-03-21
Dobkin Arkadiy
DirectorCEO, President, Chairman10% Owner
Transactions
  • Tax Payment

    EPAM Common Stock

    2025-03-21$175.30/sh31,640$5,546,4921,312,638 total
  • Exercise/Conversion

    EPAM Common Stock

    2025-03-21$61.38/sh+50,000$3,069,0001,344,278 total
  • Exercise/Conversion

    Employee Stock Option (right to buy)

    2025-03-2150,0000 total
    Exercise: $61.38Exp: 2025-03-23EPAM Common Stock (50,000 underlying)
Holdings
  • EPAM Common Stock

    (indirect: See footnote)
    447,589
Footnotes (3)
  • [F1]The stock option was automatically exercised on a net share settlement basis immediately before its expiration, in accordance with its terms. The Company delivered to the reporting person the number of shares underlying the stock option less the number of shares having a Fair Market Value on the date of such exercise equal to (i) the aggregate exercise price for the stock option and (ii) the amount necessary to satisfy any federal, state and local withholding taxes related to such exercise.
  • [F2]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.
  • [F3]The option became exercisable as to 25% of the shares on each of March 23, 2016, 2017, 2018 and 2019.

Issuer

EPAM Systems, Inc.

CIK 0001352010

Entity typeother

Related Parties

1
  • filerCIK 0001538843

Filing Metadata

Form type
4
Filed
Mar 23, 8:00 PM ET
Accepted
Mar 24, 4:04 PM ET
Size
10.0 KB