Stan Klimoff - Aug 4, 2021 Form 4 Insider Report for GRID DYNAMICS HOLDINGS, INC. (GDYN)

Signature
/s/ Anil Doradla, by power of attorney
Stock symbol
GDYN
Transactions as of
Aug 4, 2021
Transactions value $
-$193,966
Form type
4
Date filed
8/6/2021, 04:49 PM
Previous filing
Jul 7, 2021
Next filing
Sep 9, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GDYN Common Stock Tax liability -$48K -2.3K -1.15% $20.83 197K Aug 4, 2021 Direct F1
transaction GDYN Common Stock Sale -$83.5K -4K -2.03% $20.88 193K Aug 5, 2021 Direct F2, F3
transaction GDYN Common Stock Sale -$62.5K -3K -3.24% $20.83 89.5K Aug 5, 2021 See footnote F4, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares that have been withheld by the Issuer to satisfy tax withholding and remittance obligations in connection with the net settlement of restricted stock units.
F2 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan entered into on March 11, 2021 by the Reporting Person.
F3 This transaction was executed in multiple trades at prices ranging from $20.55 to $21.20. The price reported above reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
F4 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan entered into on March 11, 2021 by the O. Fox Charitable Trust for which the Reporting Person serves as trustee (the "O. Fox Trust").
F5 This transaction was executed in multiple trades at prices ranging from $20.53 to $21.08. The price reported above reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price.
F6 The shares are held of record by the O. Fox Trust.