Statement of Changes in Beneficial Ownership (4)
July 08 2021 - 4:26PM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
|
OMB APPROVAL
OMB Number:
3235-0287
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
*
Beijing Teamsun Technology Co. Ltd. |
2. Issuer Name and Ticker or Trading Symbol
GRID DYNAMICS HOLDINGS, INC.
[
GDYN
]
|
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner _____ Officer (give title below) _____ Other (specify below)
|
(Last)
(First)
(Middle)
ROOM 501, 5/F, NO. 23 BUILDING, 10 E. BLOCK XIBEIWANG EAST RD. |
3. Date of Earliest Transaction
(MM/DD/YYYY)
7/6/2021 |
(Street)
HAIDIAN DISTRICT, BEIJING, F4 0000
(City)
(State)
(Zip)
|
4. If Amendment, Date Original Filed
(MM/DD/YYYY)
|
6. Individual or Joint/Group Filing
(Check Applicable Line)
___ Form filed by One Reporting Person
_
X
_ Form filed by More than One Reporting Person
|
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
|
1.Title of Security (Instr. 3)
|
2. Trans. Date
|
2A. Deemed Execution Date, if any
|
3. Trans. Code (Instr. 8)
|
4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
|
5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)
|
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
|
7. Nature of Indirect Beneficial Ownership (Instr. 4)
|
Code
|
V
|
Amount
|
(A) or (D)
|
Price
|
Common Stock | 7/6/2021 | | S | | 4800000 (1) | D | $15.03 (2) | 14690295 (3)(4) | D | |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
|
1. Title of Derivate Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. Trans. Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) |
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Explanation of Responses: |
(1) | In connection with the Issuer's public offering, 4,800,000 shares were sold by GDD International Holding Company to the underwriters of the public offering. |
(2) | Pursuant to an underwritten public offering of the Issuer's common stock (the "Offering"), on June 30, 2021, the Issuer, the selling stockholders named in the Underwriting Agreement (as defined below) and the underwriters of the Offering (the "Underwriter"), entered into an Underwriting Agreement (the "Underwriting Agreement"). Pursuant to the Underwriting Agreement, GDD International Holding Company ("GDD") sold 4,800,000 shares of common stock of the Issuer to the Underwriters. The per share sale price reported in this Form 4 does not reflect underwriting discounts. |
(3) | These securities are directly held by GDD, which is a wholly-owned subsidiary of GDB International Investment Limited, which is a wholly-owned subsidiary of Automated Systems Holdings Limited, which is a subsidiary controlled by Teamsun Technology (HK) Limited, which is a wholly-owned subsidiary of Beijing Teamsun Technology Co., Ltd. (collectively, the "Teamsun Entities"). |
(4) | Each of the Teamsun Entities may be deemed to beneficially own the securities directly owned by GDD, although each of the Teamsun Entities (other than GDD) disclaims beneficial ownership of such securities, except to the extent of their respective pecuniary interest therein. Pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, each of the Reporting Persons (other than GDD) states that the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose. |
Reporting Owners
|
Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
Beijing Teamsun Technology Co. Ltd. ROOM 501, 5/F, NO. 23 BUILDING 10 E. BLOCK XIBEIWANG EAST RD. HAIDIAN DISTRICT, BEIJING, F4 0000 |
| X |
|
|
Teamsun Technology (HK) Ltd UNIT 907, 9TH FLOOR, TAI YAU BUILDING 181 JOHNSTON ROAD WANCHAI, K3 00000 |
| X |
|
|
Automated Systems Holdings Ltd 15/F., TOPSAIL PLAZA 11 ON SUM STREET SHATIN, K3 00000 |
| X |
|
|
GDB International Investment Ltd 15/F., TOPSAIL PLAZA 11 ON SUM STREET SHATIN, K3 00000 |
| X |
|
|
GDD International Holding Co 15/F., TOPSAIL PLAZA 11 ON SUM STREET SHATIN, K3 00000 |
| X |
|
|
Signatures
|
BEIJING TEAMSUN TECHNOLOGY CO., LTD., By: /s/ Wang Weihang, Director | | 7/8/2021 |
**Signature of Reporting Person | Date |
TEAMSUN TECHNOLOGY (HK) LIMITED By: /s/ Wang Weihang, Director | | 7/8/2021 |
**Signature of Reporting Person | Date |
AUTOMATED SYSTEMS HOLDINGS LIMITED By: /s/ Wang Yueou, Director | | 7/8/2021 |
**Signature of Reporting Person | Date |
GDB INTERNATIONAL INVESTMENT LIMITED By: /s/ Wang Yueou, Director | | 7/8/2021 |
**Signature of Reporting Person | Date |
GDD INTERNATIONAL HOLDING COMPANY By: Wang Yueou, Director | | 7/8/2021 |
**Signature of Reporting Person | Date |
Grid Dynamics (NASDAQ:GDYN)
Historical Stock Chart
From Aug 2024 to Sep 2024
Grid Dynamics (NASDAQ:GDYN)
Historical Stock Chart
From Sep 2023 to Sep 2024