Filing Details

Accession Number:
0001209191-15-042205
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-05-13 15:36:16
Reporting Period:
2015-05-12
Filing Date:
2015-05-13
Accepted Time:
2015-05-13 15:36:16
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
1219008 T Ronald Maheu 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 Disposition 2015-05-12 3,659 $43.23 7,500 No 4 S Indirect Held by Partnership
Common Stock Acquisiton 2015-05-12 10,000 $4.74 42,801 No 4 M Direct
Common Stock Disposition 2015-05-12 7,000 $42.66 35,801 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect Held by Partnership
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 nonqualified stock option Disposition 2015-05-12 10,000 $4.74 10,000 $4.74
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
2,716 2018-10-14 No 4 M Direct
Footnotes
  1. These shares were sold pursuant to a 10b5-1 Trading Plan Agreement dated as of August 13, 2013 entered into by and between the partnership and an investment bank.
  2. 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.
  3. 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.
  4. These shares were exercised and/or sold pursuant to a 10b5-1 Trading Plan Agreement dated as of 9/16/14 entered in to by and between the reporting person and a bank.
  5. The exercises of the options and sales of underlying stock were executed in multiple trades at prices ranging from $42.50 and $42.835 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.
  6. The reporting person was granted an option to purchase these shares of Common Stock on 10/14/2008. All shares in this grant have vested.