Stan Klimoff - Oct 7, 2022 Form 4 Insider Report for GRID DYNAMICS HOLDINGS, INC. (GDYN)

Signature
/s/ Anil Doradla, by power of attorney
Stock symbol
GDYN
Transactions as of
Oct 7, 2022
Transactions value $
-$406,130
Form type
4
Date filed
10/12/2022, 05:38 PM
Previous filing
Sep 15, 2022
Next filing
Nov 8, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GDYN Common Stock Sale -$142K -8.56K -3.14% $16.54 264K Oct 7, 2022 Direct F1, F2
transaction GDYN Common Stock Sale -$55.3K -3.11K -1.18% $17.79 261K Oct 7, 2022 Direct F1, F3
transaction GDYN Common Stock Sale -$6.16K -333 -0.13% $18.49 260K Oct 7, 2022 Direct F1, F4
transaction GDYN Common Stock Sale -$141K -8.53K -14.2% $16.54 51.6K Oct 7, 2022 See footnote F5, F6, F7
transaction GDYN Common Stock Sale -$55.2K -3.1K -6.02% $17.79 48.4K Oct 7, 2022 See footnote F5, F7, F8
transaction GDYN Common Stock Sale -$6.74K -364 -0.75% $18.52 48.1K Oct 7, 2022 See footnote F5, F7, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan entered into on August 8, 2022 by the Reporting Person.
F2 This transaction was executed in multiple trades at prices ranging from $16.271 to $16.93. 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.
F3 This transaction was executed in multiple trades at prices ranging from $17.43 to $18.185. 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 This transaction was executed in multiple trades at prices ranging from $18.43 to $18.54. 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.
F5 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan entered into on August 8, 2022 by the O. Fox Charitable Trust for which the Reporting Person serves as trustee (the "O. Fox Trust").
F6 This transaction was executed in multiple trades at prices ranging from $16.275 to $17.08. 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.
F7 The shares are held of record by the O. Fox Trust.
F8 This transaction was executed in multiple trades at prices ranging from $17.43 to $18.18. 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.
F9 This transaction was executed in multiple trades at prices ranging from $18.49 to $18.54. 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.