SEC Form 4 · accession 0001209191-15-058788
VIRTUSA CORP · VRTU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Raj Rajgopal
Officer — President
Period of report
Jul 1, 2015
Accepted (ET)
Jul 2, 2015 · 3:57 pm EDT
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 | Jul 1, 2015 | M | 3,175 | $9.82 | A | 117,338 | D | |
| common stockF3 | Jul 1, 2015 | S | 3,175 | $51.5864 | D | 114,163 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| nonqualified stock optionF1,F2 | $9.82 | Jul 1, 2015 | M | 3,175 | D | — | Aug 4, 2019 | common stock | 3,175 | 33,510 | D |
Explanation of responses
- F1These shares were sold pursuant to a 10b5-1 Plan Agreement dated as of September 5, 2014 entered into by and between Mr. Rajgopal and an investment bank
- F2The reporting person was granted an option to purchase these shares on 08/04/2009. All shares are now vested.
- F3This transaction was executed in multiple trades at prices ranging from $51.39 to $51.94 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.