Stan Klimoff - May 3, 2022 Form 4 Insider Report for GRID DYNAMICS HOLDINGS, INC. (GDYN)

Role
Chief Strategy Officer
Signature
/s/ Anil Doradla, by power of attorney
Stock symbol
GDYN
Transactions as of
May 3, 2022
Transactions value $
-$34,572
Form type
4
Date filed
5/5/2022, 09:23 PM
Previous filing
Mar 15, 2022
Next filing
Jun 15, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GDYN Common Stock Award $0 +104K +53.82% $0.00 297K May 3, 2022 Direct F1
transaction GDYN Common Stock Tax liability -$34.6K -2.28K -0.77% $15.17 295K May 4, 2022 Direct F2
holding GDYN Common Stock 72.1K May 3, 2022 See footnote F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These securities are restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Common Stock. One-half of the RSUs shall vest on May 3, 2023 and one-eighth of the RSUs shall vest on each three-month anniversary thereafter, subject to the Reporting Person continuing as a service provider through each such date.
F2 Represents shares that have been withheld by the Issuer to satisfy tax withholding and remittance obligations in connection with the net settlement of RSUs.
F3 The shares are held of record by the O. Fox Charitable Trust for which the Reporting Person serves as trustee.