Filing Details

Accession Number:
0001209191-12-032824
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-06-07 16:44:44
Reporting Period:
2012-06-07
Filing Date:
2012-06-07
Accepted Time:
2012-06-07 16:44:44
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
1520547 Samir Dhir C/O Virtusa Corporation
Westborough MA 01581
Svp, Global Services 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 2012-06-07 900 $9.62 20,627 No 4 M Direct
Common Stock Disposition 2012-06-07 900 $14.93 19,727 No 4 S Direct
Common Stock Disposition 2012-06-07 3,509 $14.84 16,218 No 4 S Direct
Common Stock Disposition 2012-06-07 691 $14.81 15,527 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
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 2012-06-07 900 $9.62 900 $9.62
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
6,161 2020-05-17 No 4 M Direct
Footnotes
  1. The reporting person was granted options to purchase 14,061 shares of common stock on May 17, 2010 under the Company's 2007 Stock Option and Incentive Plan, of which, 25% of the shares granted vest on February 15, 2011 and the remaining shares vest at a rate of 6.25% in 12 equal installments each 3 months thereafter.
  2. The sales of underlying stock of the options exercised were executed in multiple trades at prices ranging from $14.93 to $14.94 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.
  3. The sales of underlying stock of the options exercised were executed in multiple trades at prices ranging from $14.80 to $14.93 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.