Filing Details

Accession Number:
0001209191-10-059784
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-12-13 09:23:34
Reporting Period:
2010-12-09
Filing Date:
2010-12-13
Accepted Time:
2010-12-13 09:23:34
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
1406394 Keith Roger Modder C/O Virtusa Corporation
2000 West Park Drive
Westborough MA 01581
Pres., Asia, Evp Global Serv. 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 2010-12-09 3,043 $0.31 75,661 No 4 M Direct
Common Stock Acquisiton 2010-12-09 17,923 $1.57 93,584 No 4 M Direct
Common Stock Disposition 2010-12-09 10,723 $15.01 82,861 No 4 S Direct
Common Stock Acquisiton 2010-12-09 27,520 $1.57 110,381 No 4 M Direct
Common Stock Acquisiton 2010-12-09 15,974 $1.57 126,355 No 4 M Direct
Common Stock Acquisiton 2010-12-09 14,970 $4.19 141,325 No 4 M Direct
Common Stock Acquisiton 2010-12-10 8,991 $4.19 150,316 No 4 M Direct
Common Stock Acquisiton 2010-12-10 12,823 $5.48 163,139 No 4 M Direct
Common Stock Disposition 2010-12-10 7,200 $15.09 155,939 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 M 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 2010-12-09 3,043 $0.31 3,043 $0.31
Commn Stock non-qualified stock option Disposition 2010-12-09 17,923 $1.57 17,923 $1.57
Common Stock non-qualfied stock option Disposition 2010-12-09 27,520 $1.57 27,520 $1.57
Common Stock non-qualifed stock option Disposition 2010-12-09 15,974 $1.57 15,974 $1.57
Common Stock non-qualified stock option Disposition 2010-12-09 14,970 $4.19 14,970 $4.19
Common Stock non-qualified stock option Disposition 2010-12-10 8,991 $4.19 8,991 $4.19
Common Stock non-qualified stock option Disposition 2010-12-10 12,823 $5.48 12,823 $5.48
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2013-05-21 No 4 M Direct
0 2011-01-24 No 4 M Direct
0 2012-04-17 No 4 M Direct
0 2011-08-22 No 4 M Direct
8,991 2016-08-07 No 4 M Direct
0 2016-08-07 No 4 M Direct
45,323 2014-04-28 No 4 M Direct
Footnotes
  1. Includes 26,250 shares of performance based restricted stock granted under the Company's 2007 Plan in October 2008 (the "October Plan"), 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 ended March 31, 2011. The performance based restricted shares vest at a rate of 25% 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.
  2. The reporting person was granted an option to purchase these shares on 05/21/2003. All shares have vested.
  3. The reporting person was granted an option exercisable for 47,923 shares on 1/24/2001. All shares have vested.
  4. The reporting person was granted an option exercisable for 27520 shares on 04/17/2002. All shares have vested.
  5. The reporting person was granted an option exercisable for 15974 shares on 08/22/2001. All shares have vested
  6. The reporting person was granted an option exercisable for 23961 shares on 08/07/2006. All shares have vested
  7. The reporting person was granted an option exercisable for 58,146 shares on 04/28/2004. All shares have vested.