SEC Form 4 · accession 0001209191-15-019198
VIRTUSA CORP · VRTU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kris A Canekeratne
Officer — Chairman & CEO · Director
Period of report
Feb 24, 2015
Accepted (ET)
Feb 26, 2015 · 5:58 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001207074
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| common stockF2 | Feb 24, 2015 | S | 1,200 | $40.0592 | D | 904,300 | D | |
| common stockF3 | Feb 25, 2015 | S | 1,300 | $39.6108 | D | 903,000 | D | |
| common stock | holding | — | — | — | 276,389 | I | Held by Spouse | |
| Common Stock | holding | — | — | — | 60,982 | I | Held by Kris Canekeratne Irreovocable Trust | |
| Common Stock | holding | — | — | — | 60,982 | I | Held by Irrevocable Trust of spouse |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares were sold pursuant to a 10b5-1 Sales Plan Agreement dated as of June 11, 2014 entered into by and between Kris Canekeratne and an investment bank.
- F2This transaction was executed in multiple trades at prices ranging from $40 to $40.12 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.
- F3This transaction was executed in multiple trades at prices ranging from $39.50 to $39.77 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.