SEC Form 4 · accession 0001209191-15-082695
VIRTUSA CORP · VRTU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ranjan Kalia
Officer — EVP & Chief Financial Officer
Period of report
Dec 1, 2015
Accepted (ET)
Dec 1, 2015 · 6:45 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 | Dec 1, 2015 | F | 3,464 | $49.35 | D | 92,502 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reporting person was granted 29,411 shares of restricted stock on 11/06/2012 under the Company's 2007 Stock Option and Incentive Plan with 25% of the shares vesting on 12/01/2013 and 25% vesting each one year anniversary thereafter with the final vesting date on 12/01/2016. On 12/1/2015, 25% vested and 3464 shares were withheld under terms of the restricted stock agreement to pay applicable taxes on the vesting of such shares.