Leonard Livschitz - May 17, 2021 Form 4 Insider Report for GRID DYNAMICS HOLDINGS, INC. (GDYN)

Role
Chief Executive Officer, Director
Signature
/s/ Anil Doradla, by power of attorney
Stock symbol
GDYN
Transactions as of
May 17, 2021
Transactions value $
-$1,357,317
Form type
4
Date filed
5/19/2021, 06:32 PM
Next filing
Jun 15, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GDYN Common Stock Options Exercise $297K +84K +5.39% $3.54 1.64M May 17, 2021 Direct
transaction GDYN Common Stock Options Exercise $411K +116K +7.07% $3.54 1.76M May 17, 2021 Direct
transaction GDYN Common Stock Tax liability -$2.07M -126K -7.16% $16.43 1.63M May 17, 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction GDYN Stock Option (right to buy) Options Exercise $0 -84K -28.88% $0.00 207K May 17, 2021 Common Stock 84K $3.54 Direct F2
transaction GDYN Stock Option (right to buy) Options Exercise $0 -116K -100% $0.00* 0 May 17, 2021 Common Stock 116K $3.54 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld by the Issuer to pay the exercise price and taxes pursuant to the "net exercise" of an aggregate of 200,000 option shares.
F2 The shares subject to the option are fully vested and immediately exercisable.