Filing Details
- Accession Number:
- 0001209191-13-006305
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2013-02-05 10:25:16
- Reporting Period:
- 2013-02-04
- Filing Date:
- 2013-02-05
- Accepted Time:
- 2013-02-05 10:25:16
- 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 |
---|---|---|---|---|---|---|---|
1449544 | Raj Rajgopal | C/O 2000 West Park Drive Westborough MA 01581 | Evp, Bus Dev & Client Services | 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 | Acquisiton | 2013-02-04 | 10,000 | $2.97 | 125,436 | No | 4 | M | Direct | |
Common Stock | Disposition | 2013-02-04 | 10,000 | $20.02 | 115,436 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | S | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | non-qualified stock option | Disposition | 2013-02-04 | 10,000 | $2.97 | 10,000 | $2.97 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
45,769 | 2015-05-06 | No | 4 | M | Direct |
Footnotes
- These shares were exercised and sold pursuant to a 10b5-1 Plan Agreement dated as of June 14, 2012 entered into by and between Mr. Rajgopal and an investment bank.
- The reporting person was granted an option exercisable for 143,769 shares on May 6, 2005, subject to vesting over four years. All shares are currently vested.
- Includes 8750 shares of performance based restricted stock granted under the Company's 2007 Plan 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 6,000 shares of performance based restricted stock under the Company's 2007 Plan granted 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.
- This transaction was executed in multiple trades at prices ranging from $19.654 to $20.35 per share. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.