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Filing Details

Accession Number:: 0001209191-14-028059
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2014-04-17 13:59:19
Reporting Period:: 2014-04-16

Filing Date:: 2014-04-17
Accepted Time:: 2014-04-17 13:59:19
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
1219008	T Ronald Maheu	C/O Virtusa Corporation 2000 West Park Drive Westborough MA 01581		Yes	No	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2014-04-16	9,125	$5.48	38,425	No	4	M	Direct
Common Stock	Disposition	2014-04-16	9,125	$32.23	29,300	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

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	nonqualified stock option	Disposition	2014-04-16	9,125	$5.48	9,125	$5.48

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0		2014-04-28	No	4	M	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	2,000	Indirect	Charitable Trust
Common Stock	12,500	Indirect	Held by Partnership

Footnotes

These shares were exercised and/or sold pursuant to a 10b5-1 Trading Plan Agreement dated as of February 27, 2013 entered into by and between the reporting person and an investment bank, as amended on 2/14/2014.
The reporting person gifted without the receipt of consideration 2,000 shares to a charity foundation over which the reporting person and his spouse are trustees and exert investment and voting control over the gifted shares.
The exercises of the options and sales of underlying stock were executed in multiple trades at prices ranging from $31.93 and $32.50 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.
The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
Represents shares owned by a partnership created for the benefit of the reporting person's children. The reporting person's spouse is the general partner of such partnership and has voting and investment control of the partnership.
The reporting person was granted an option to purchase these shares of Common Stock on 04/28/2004. All shares in this grant have vested.