Filing Details
- Accession Number:
- 0001209191-10-042077
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2010-08-11 13:00:00
- Reporting Period:
- 2010-08-10
- Filing Date:
- 2010-08-11
- Accepted Time:
- 2010-08-11 15:19:59
- 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 Coo | 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 | 2010-08-10 | 2,996 | $9.46 | 148,611 | No | 4 | M | Direct | |
Common Stock | Disposition | 2010-08-10 | 2,996 | $9.46 | 145,615 | No | 4 | S | Direct | |
Common Stock | Disposition | 2010-08-10 | 50,270 | $9.22 | 95,345 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | S | 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 | Acquisiton | 2010-08-10 | 2,996 | $9.46 | 2,996 | $4.19 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
0 | 2016-08-07 | No | 4 | M | Direct |
Footnotes
- These shares were exercised and sold pursuant to a 10b5-1 Plan Agreement dated as of March 1, 2010 entered into by and between Mr. Holler and a brokerage company.
- Includes 11,250 shares of performance based restricted stock granted under the Company's 2007 Plan in October 2008, which vest only upon the Company's achievement of certain revenue and operating income targets for each fiscal year over the next three fiscal years, commencing with the fiscal year ending March 31, 2011. The performance based restricted shares vest at a maximum of 3,750 shares per performance period upon achievement of applicable revenue and operating income targets for such fiscal year, with each fiscal year being a performance period. The grantee retains voting rights with respect to such shares unless and to the extent that such shares do not vest and are forfeited.
- The reporting person was granted a non-qualified stock option to purchase these shares on August 7, 2006 under the 2000 Plan. All shares have vested. The final vesting date was August 7, 2010.