Filing Details

Accession Number:
0001209191-13-030544
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-06-04 16:57:46
Reporting Period:
2013-05-31
Filing Date:
2013-06-04
Accepted Time:
2013-06-04 16:57:46
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
1182816 E Robert Davoli C/O Virtusa Corporation
2000 West Park Drive
Westborough MA 01581
Yes No 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 2013-05-31 6,719 $14.00 6,719 No 4 M Direct
Common Stock Disposition 2013-05-31 719 $23.60 6,000 No 4 S Direct
Common Stock Acquisiton 2013-05-31 2,640 $9.20 8,640 No 4 M Direct
Common Stock Disposition 2013-05-31 2,640 $23.60 6,000 No 4 S Direct
Common Stock Acquisiton 2013-05-31 22,716 $4.74 28,716 No 4 M Direct
Common Stock Disposition 2013-05-31 22,716 $23.60 6,000 No 4 S Direct
Common Stock Acquisiton 2013-06-03 5,582 $9.20 11,582 No 4 M Direct
Common Stock Disposition 2013-06-03 5,582 $23.85 6,000 No 4 S Direct
Common Stock Acquisiton 2013-06-03 3,866 $13.42 9,866 No 4 M Direct
Common Stock Disposition 2013-06-03 3,866 $23.84 6,000 No 4 S Direct
Common Stock Acquisiton 2013-06-03 2,145 $14.63 8,145 No 4 M Direct
Common Stock Disposition 2013-06-03 2,145 $23.84 6,000 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
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 2013-05-31 6,719 $14.00 6,719 $14.00
Common Stock Non-qualified Stock Option Disposition 2013-05-31 2,640 $9.20 2,640 $9.20
Common Stock Non-qualified stock option Disposition 2013-05-31 22,716 $4.74 22,716 $4.74
Common Stock non-qualified stock option Disposition 2013-06-03 5,582 $9.20 5,582 $9.20
Common Stock non-qualifed stock option Disposition 2013-06-03 3,866 $13.42 3,866 $13.42
Common Stock non-qualified stock option Disposition 2013-06-03 2,145 $14.63 2,145 $14.63
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2017-08-02 No 4 M Direct
6,757 2019-11-20 No 4 M Direct
0 2018-10-14 No 4 M Direct
1,175 2019-11-20 No 4 M Direct
2,320 2020-11-19 No 4 M Direct
3,578 2021-11-16 No 4 M Direct
Footnotes
  1. This exercises of the options and sales of underlying stock were executed in multiple trades at prices ranging from $23.50 to $23.835 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.
  2. This exercises of the options and sales of underlying stock were executed in multiple trades at prices ranging from $23.85 to $23.9001 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.
  3. This exercises of the options and sales of underlying stock were executed in multiple trades at prices ranging from $23.85 to $23.88 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.
  4. The reporting person was granted these non-qualified stock options on August 2, 2007. All options have vested.
  5. The reporting person was granted these non-qualified stock options on November 20, 2009. 25% of the shares vest on the one year anniversary of the grant date with 6.25% vesting each 3 months thereafter.
  6. The reporting person was granted these non-qualified stock options on October 14, 2008. All options have vested.
  7. The reporting person was granted these non-qualified stock options on November 19, 2010. 25% of the shares vest on the one year anniversary of the grant date with 6.25% vesting each 3 months thereafter.
  8. The reporting person was granted these non-qualified stock options on November 16, 2011. 25% of the shares vest on the one year anniversary of the grant date with 6.25% vesting each 3 months thereafter. The reporting person was granted these