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Filing Details

Accession Number:: 0001140361-10-039129
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2010-09-30 16:36:24
Reporting Period:: 2010-09-28

Filing Date:: 2010-09-30
Accepted Time:: 2010-09-30 16:36:24
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1207074	Virtusa Corp	VRTU	Services-Computer Programming Services (7371)	000000000

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1395240	Izhar Armony	1000 Winter Street, Suite 3300 Waltham MA 02451		Yes	No	No	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2010-09-28	500,000	$9.50	569,111	No	4	S	Indirect	See footnote
Common Stock	Disposition	2010-09-29	200,000	$9.75	369,111	No	4	S	Indirect	See footnote

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	See footnote
No	4	S	Indirect	See footnote

Footnotes

Represents 485,167 shares sold by Charles River Partnership XI, LP ("CRP XI"), 12,255 shares sold by Charles River Friends XI-A, LP ("CRF XI-A"), and 2,578 shares sold by Charles River Friends XI-B, LP ("CRF XI-B" and, together with CRP XI and CRF XI-A, the "Partnerships").
Izhar Armony disclaims beneficial ownership of the securities reported herein held by the Partnerships except to the extent of his pecuniary interest in each applicable Partnership, if any. The filing of this statement by Izhar Armony shall not be deemed an admission that he is, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the beneficial owner of any equity securities covered by this statement. Mr. Armony does not exercise investment or voting control over any of the Partnerships.
Represents 552,234 shares held by CRP XI, 13,946 shares held by CRF XI-A, and 2,931 shares held by CRF XI-B.
Charles River XI GP, LLC ("CR XI GP LLC") is the General Partner of Charles River XI GP, LP ("CR XI GP LP"). CR XI GP LP is in turn the General Partner of CRP XI. CR XI GP LLC is also the General Partner of CRF XI-A and CRF XI-B. The Partnerships form a "group" for purposes of Section 13(d) of the Securities Exchange Act of 1934. Each of Izhar Armony, Christopher Baldwin, Richard M. Burnes, Jr., Ted R. Dintesmith, Bruce I. Sachs, William P. Tai, and Michael J. Zak is a managing member of CR XI GP, LLC. Accordingly, each of CR XI GP LP, CR XI GP LLC, and Messrs. Armony, Baldwin, Burnes, Dintersmith, Sachs, Tai, and Zak (collectively, the "Management Persons") may be deemed to beneficially own the securities owned by the Partnerships.
Represents 194,067 shares sold by Charles River Partnership XI, LP ("CRP XI"), 4,902 shares sold by Charles River Friends XI-A, LP ("CRF XI-A"), and 1,031 shares sold by Charles River Friends XI-B, LP ("CRF XI-B" and, together with CRP XI and CRF XI-A, the "Partnerships").
Represents 358,167 shares held by CRP XI, 9,044 shares held by CRF XI-A, and 1,900 shares held by CRF XI-B.