Filing Details

Accession Number:
0001209191-12-041776
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-08-15 11:27:20
Reporting Period:
2012-08-13
Filing Date:
2012-08-15
Accepted Time:
2012-08-15 11:27:20
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
1406395 R Thomas Holler C/O Virtusa Corporation
2000 West Park Drive
Westborough MA 01581
Evp And Cso No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2012-08-13 29,003 $16.50 95,321 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Footnotes
  1. These shares were sold pursuant to a 10b5-1 Plan Agreement dated as of February 21, 2012 entered into by and between Mr. Holler and an investment bank.
  2. Includes 3,750 shares of performance based restricted stock granted under the Company's 2007 Stock Option and Incentive Plan ("2007 Plan") granted in November 2008, which vest only upon the Company's achievement of certain revenue and operating income targets for the fiscal year ending March 31, 2013. Includes 5,000 shares of performance based restricted stock granted under the Company's 2007 Plan on August 2, 2012, which vest only upon the Company's achievement of certain revenue targets for the fiscal year ending March 31, 2013. The grantee retains voting rights with respect to restricted shares unless and to the extent that such shares do not vest and are forfeited.