Shuo Zhang - Nov 29, 2021 Form 4 Insider Report for GRID DYNAMICS HOLDINGS, INC. (GDYN)

Role: Director
Signature: /s/ Anil Doradla, by power of attorney
Stock symbol: GDYN
Transactions as of: Nov 29, 2021
Transactions value $: -$275,657
Form type: 4
Date filed: 12/1/2021, 06:36 PM
Previous filing: Oct 19, 2021
Next filing: Dec 22, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GDYN	Common Stock	Sale	-$276K	-7K	-37.64%	$39.38	11.6K	Nov 29, 2021	Direct	F1
holding	GDYN	Common Stock						140K	Nov 29, 2021	See footnote	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This transaction was executed in multiple trades at prices ranging from $38.9298 to $39.81. 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.
F2	The shares are held of record by Renascia Fund B LLC, for which the Reporting Person serves as a managing partner and chief executive officer.

Content

This transaction was executed in multiple trades at prices ranging from $38.9298 to $39.81. 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.

The shares are held of record by Renascia Fund B LLC, for which the Reporting Person serves as a managing partner and chief executive officer.