Filing Details
- Accession Number:
- 0001209191-17-038855
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2017-06-09 16:06:14
- Reporting Period:
- 2017-06-07
- Filing Date:
- 2017-06-09
- Accepted Time:
- 2017-06-09 16:06:14
- 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 |
|---|---|---|---|---|---|---|---|
| 1406397 | A Kris Canekeratne | C/O Virtusa Corporation 2000 West Park Drive Westborough MA 01581 | Chairman & Ceo | Yes | 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 | 2017-06-07 | 14,000 | $14.00 | 780,315 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2017-06-07 | 14,000 | $28.72 | 766,315 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2017-06-08 | 30,000 | $14.00 | 796,315 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2017-06-08 | 30,000 | $28.79 | 766,315 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2017-06-08 | 172,395 | $0.00 | 593,920 | No | 4 | G | Direct | |
| Common Stock | Acquisiton | 2017-06-09 | 30,000 | $14.00 | 623,920 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2017-06-09 | 30,000 | $28.76 | 593,920 | 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 | G | 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 | Non-qualified Stock Option (right to buy) | Disposition | 2017-06-07 | 14,000 | $14.00 | 14,000 | $14.00 |
| Common | Non-qualified Stock Option (right to buy) | Disposition | 2017-06-08 | 30,000 | $14.00 | 30,000 | $14.00 |
| Common | Non-qualified Stock Option (right to buy) | Disposition | 2017-06-09 | 30,000 | $14.00 | 30,000 | $14.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 86,000 | 2017-08-02 | No | 4 | M | Direct | |
| 56,000 | 2017-08-02 | No | 4 | M | Direct | |
| 26,000 | 2017-08-02 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 296,261 | Indirect | Held by Spouse |
| Common Stock | 41,110 | Indirect | Held by Kris Canekeratne Irreovocable Trust |
| Common Stock | 41,110 | Indirect | Held by Irrevocable Trust of spouse |
| Comm | 14,692 | Indirect | Held by Kavan A. Canekeratne IDI Trust |
| Common Stock | 14,692 | Indirect | Held by Shane A. Canekeratne IDI Trust |
Footnotes
- The reporting person was granted an option exercisable for 100,000 shares on 08/02/2007. All shares have vested.
- This transaction was executed in multiple trades at prices ranging from $28.44 to $28.91 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.
- This transaction was executed in multiple trades at prices ranging from $28.42 to $29.15 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.
- On June 8, 2017, the reporting person gifted without the receipt of consideration 172,395 shares of Virtusa common stock to the reporting person's mother, Shireen Elizabeth Canekerante, and the reporting person disclaims all pecuniary interest therein and beneficial ownership of such shares.
- This transaction was executed in multiple trades at prices ranging from $28.00 to $29.42 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.
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