Initial Statement of Beneficial Ownership (3)

FORM 3	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES	OMB APPROVAL OMB Number: 3235-0104 Estimated average burden hours per response... 0.5
	Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

1. Name and Address of Reporting Person ^*

Shnayder Boris

2. Date of Event Requiring Statement (MM/DD/YYYY) 9/14/2016

3. Issuer Name and Ticker or Trading Symbol

EPAM Systems, Inc. [EPAM]

(Last) (First) (Middle)

C/O EPAM SYSTEMS, INC., 41 UNIVERSITY DRIVE SUITE 202

4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director _____ 10% Owner
___ X ___ Officer (give title below) _____ Other (specify below)
SVP/Co-Head of Global Business /

(Street)

NEWTOWN, PA 18940

(City) (State) (Zip)

5. If Amendment, Date Original Filed (MM/DD/YYYY)

6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
EPAM Common Stock	19430 ⁽¹⁾	D

*Table II - Derivative Securities Beneficially Owned ( e.g.* , puts, calls, warrants, options, convertible securities)**
1. Title of Derivate Security (Instr. 4)	2. Date Exercisable and Expiration Date (MM/DD/YYYY)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivate Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security		6. Nature of Indirect Beneficial Ownership (Instr. 5)
Employee Stock Option (right to buy)	⁽²⁾	3/25/2026	EPAM Common Stock	12308.0	$70.52	D
Employee Stock Option (right to buy)	⁽³⁾	7/31/2025	EPAM Common Stock	60000.0	$74.11	D

Explanation of Responses:
( 1)	Represents (a) 15,000 restricted stock units that vested as to 25% of the shares on July 31, 2016 and are scheduled to vest as to 25% of the shares on each of July 31, 2017, 2018 and 2019; and (b) 4,430 restricted stock units that are scheduled to vest as to 25% of the shares on each of March 25, 2017, 2018, 2019 and 2020.
( 2)	The option, representing a right to purchase 12,308 shares, will become exercisable as to 25% of the shares on each of March 25, 2017, 2018, 2019 and 2020.
( 3)	The option, representing a right to purchase 60,000 shares, became exercisable as to 25% of the shares on July 31, 2016, and will become exercisable as to 25% of the shares on each of July 31, 2017, 2018 and 2019.

Reporting Owners
Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Shnayder Boris C/O EPAM SYSTEMS, INC. 41 UNIVERSITY DRIVE SUITE 202 NEWTOWN, PA 18940			SVP/Co-Head of Global Business

Signatures
/s/ Ginger Mosier, as Attorney-in-Fact		9/20/2016
^** Signature of Reporting Person		Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*	If the form is filed by more than one reporting person, see Instruction 5(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note:	File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.