Leonard Livschitz - Nov 16, 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
Nov 16, 2021
Transactions value $
-$4,664,816
Form type
4
Date filed
11/18/2021, 07:01 PM
Previous filing
Nov 12, 2021
Next filing
Dec 2, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GDYN Common Stock Options Exercise $885K +250K +13.34% $3.54 2.12M Nov 16, 2021 Direct
transaction GDYN Common Stock Tax liability -$5.55M -142K -6.7% $38.98 1.98M Nov 16, 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 -250K -25% $0.00 750K Nov 16, 2021 Common Stock 250K $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 250,000 option shares.
F2 The shares subject to the option are fully vested and immediately exercisable.