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EPAM Systems, Inc. – ‘8-K’ for 2/16/23

On:  Wednesday, 2/15/23, at 8:21pm ET   ·   As of:  2/16/23   ·   For:  2/16/23   ·   Accession #:  1352010-23-6   ·   File #:  1-35418

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  As Of               Filer                 Filing    For·On·As Docs:Size

 2/16/23  EPAM Systems, Inc.                8-K:2,8,9   2/16/23   12:867K

Current Report   —   Form 8-K

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 8-K         Current Report                                      HTML     40K 
 2: EX-99.1     Miscellaneous Exhibit                               HTML    276K 
 3: EX-99.2     Miscellaneous Exhibit                               HTML      8K 
 7: R1          DEI Document                                        HTML     47K 
10: XML         IDEA XML File -- Filing Summary                      XML     12K 
 8: XML         XBRL Instance -- epam-20230216_htm                   XML     22K 
 9: EXCEL       IDEA Workbook of Financial Reports                  XLSX      8K 
 5: EX-101.LAB  XBRL Labels -- epam-20230216_lab                     XML     70K 
 6: EX-101.PRE  XBRL Presentations -- epam-20230216_pre              XML     34K 
 4: EX-101.SCH  XBRL Schema -- epam-20230216                         XSD     10K 
11: JSON        XBRL Instance as JSON Data -- MetaLinks               12±    18K 
12: ZIP         XBRL Zipped Folder -- 0001352010-23-000006-xbrl      Zip     41K 


‘8-K’   —   Current Report


This is an HTML Document rendered as filed.  [ Alternative Formats ]



 iX:   C:  C: 
  epam-20230216  
 i 0001352010 i false00013520102023-02-162023-02-16


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549


FORM  i 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of report (Date of earliest event reported):   i February 16, 2023
 i EPAM SYSTEMS, INC.
(Exact name of registrant as specified in its charter)
 i Delaware i 1-35418 i 22-3536104
(State or other jurisdiction of incorporation)(Commission File Number)(IRS Employer Identification No.)
 i 41 University Drive i Suite 202 i 18940
 i Newtown i Pennsylvania
(Address of principal executive offices)(Zip Code)

 i 267- i 759-9000
(Registrant’s telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
 i Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
  
 i Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 i Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
  
 i Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 

Securities registered pursuant to Section 12(b) of the Act:
Title of Each ClassTrading SymbolName of Each Exchange on which Registered
 i Common Stock, par value $0.001 per share i EPAM i New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company  i 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.




Item 2.02. Results of Operations and Financial Condition.
    
On February 16, 2023, EPAM Systems, Inc. (the “Company”) issued a press release discussing results of operations for the fourth quarter and the year ended December 31, 2022. A copy of the press release and infographic are attached as Exhibit 99.1 and 99.2, respectively, to this report and is incorporated by reference into this Item 2.02.
The information in this report, including Exhibit 99.1 and Exhibit 99.2 attached hereto, is being furnished pursuant to Item 2.02 of Form 8-K and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise be subject to the liability of that section, nor shall it be deemed incorporated by reference in any filing under the Exchange Act or the Securities Act of 1933, except as expressly stated by specific reference in such a filing. 

Item 8.01 Other Events.

On February 16, 2023, EPAM issued a press release including the announcement that its Board of Directors approved a common stock repurchase program, authorizing EPAM to repurchase up to $500 million of EPAM Systems, Inc. common stock. A copy of the press release is attached hereto as Exhibit 99.1.

Item 9.01. Financial Statements and Exhibits.
(d) Exhibits

99.1  Press release dated February 16, 2023, announcing results of operations of EPAM Systems, Inc. for the fourth quarter and the year ended December 31, 2022
99.2 Investor Infographic for the fourth quarter and the full year 2022, dated February 16, 2023.
101 Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document.
104 The cover page from this Current Report on Form 8-K, formatted as Inline XBRL.





SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: February 16, 2023
By:/s/ Jason Peterson
Name:Jason Peterson
Title:Senior Vice President, Chief Financial Officer and Treasurer





Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘8-K’ Filing    Date    Other Filings
Filed as of / For Period end:2/16/23
Filed on:2/15/23
12/31/225
 List all Filings 


1 Subsequent Filing that References this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

10/03/23  EPAM Systems, Inc.                S-3ASR     10/03/23    4:613K                                   Broadridge Fin’l So… Inc
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Filing Submission 0001352010-23-000006   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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