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Ownership Document
|
| Schema Version: X0508 |
| Document Type: 4 |
| Period of Report: 3/27/24 |
| Not Subject to Section 16: 0 |
| Issuer: |
| Issuer CIK: 1352010 |
| Issuer Name: EPAM Systems, Inc. |
| Issuer Trading Symbol: EPAM |
| Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1538843 |
| | Owner Name: Dobkin Arkadiy |
| Reporting Owner Address: |
| | Owner Street 1: 41 UNIVERSITY DRIVE, SUITE 202 |
| | Owner Street 2: |
| | Owner City: NEWTOWN |
| | Owner State: PA |
| | Owner ZIP Code: 18940 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? Yes |
| | Is Officer? Yes |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| | Officer Title: CEO, President, Chairman |
| Aff 10b5 One: 0 |
| Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: EPAM Common Stock |
| | Transaction Date: |
| | | Value: 3/27/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: F |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 854 |
| Footnote ID: F1 |
| | | Transaction Price Per Share: |
| Value: 268.40 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 1,301,228 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Non-Derivative Holding: |
| | Security Title: |
| | | Value: EPAM Common Stock |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 436,189 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: I |
| Footnote ID: F2 |
| | | Nature of Ownership: |
| Value: See footnote |
| Derivative Table: |
| Footnotes: |
| Footnote - F1: 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. |
| Footnote - 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. |
| Remarks: |
| Owner Signature: |
| Signature Name: /s/ Kate Pytlewski as Attorney-in-Fact |
| Signature Date: 3/28/24 |
