SEC Form 4 · accession 0001209191-15-079330
VIRTUSA CORP · VRTU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
TRUST MARTIN
Director
Period of report
Nov 9, 2015
Accepted (ET)
Nov 10, 2015 · 5:04 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 stockF1,F2 | Nov 9, 2015 | G | 26,851 | — | D | 51,875 | I | Martin Trust 2013 GRAT I |
| common stockF3,F2 | Nov 9, 2015 | G | 26,851 | — | D | 51,875 | I | Martin Trust 2013 GRAT for Grandchildren |
| common stockF1 | Nov 9, 2015 | G | 26,851 | — | A | 444,415 | D | |
| Common StockF3 | Nov 9, 2015 | G | 26,851 | — | A | 471,266 | D | |
| Common StockF4 | Nov 9, 2015 | G | 470,433 | — | D | 2,501 | D | |
| Common StockF4,F2 | Nov 9, 2015 | G | 470,433 | — | A | 470,433 | I | 1997 Martin Trust Master Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reporting person substituted and contributed cash to the Martin Trust 2013 GRAT I in exchange for 26,851 shares held by the GRAT (which amount was based on the average trading price of the stock on 11/09/2015), as permitted under the terms of the GRAT.
- F2The reporting person disclaims beneficial ownership of these shares 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 any other purpose.
- F3The reporting person substituted and contributed cash to the Martin Trust 2013 GRAT for Grandchildren in exchange for 26,851 shares held by the GRAT (which amount was based on the average trading price of the stock on 11/09/2015), as permitted under the terms of the GRAT.
- F4The reporting person gifted without the receipt of consideration an aggregate of 470,433 shares held individually by the reporting person to the 1997 Martin Trust Master Trust, and the reporting person disclaims beneficial ownership of such shares 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 any other purpose.