SEC Form 4 · accession 0001209191-16-098566
VIRTUSA CORP · VRTU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Rowland T Moriarty
Director
Period of report
Feb 12, 2016
Accepted (ET)
Feb 16, 2016 · 2:14 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 stock | Feb 12, 2016 | M | 10,000 | $4.74 | A | 79,803 | D | |
| common stockF1 | holding | — | — | — | 65,372 | I | Held by Rowgra, LLC | |
| common stockF2 | holding | — | — | — | 59,195 | I | Held by Movex LLC | |
| Common StockF3 | holding | — | — | — | 154,584 | I | Held by Rubex LLC | |
| common stockF4 | holding | — | — | — | 39,500 | I | Held by Moriarty Family Charitable Foundation | |
| common stockF5 | holding | — | — | — | 1,000 | I | Held by Caroline Moriarty ROTH IRA | |
| Common StockF5 | holding | — | — | — | 1,000 | I | Held by Thomas Moriarty ROTH IRA |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Director Stock Option (Right to Buy)F6 | $4.74 | Feb 12, 2016 | M | 10,000 | D | — | Oct 14, 2018 | Common Stock | 10,000 | 0 | D |
Explanation of responses
- F1Rowgra, LLC, is a limited liabilty company over which the reporting person exerts voting and investment control.
- F2Movex, LLC, is a limited liabilty company over which the reporting person exerts voting and investment control.
- F3The reporting person is the Chief Investment Officer and Managing Member of Rubex, LLC, a limited liability company. The reporting person disclaims beneficial ownership of these securities 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 for any other purpose.
- F4The reporting person's spouse, Jenny Moriarty, is trustee of the Moriarty Family Charitable Foundation. The reporting person disclaims beneficial ownership of such shares 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.
- F5These shares are held by the daughter or son of the reporting person. The reporting person disclaims beneficial ownership of all securities held by his daughter or son through their respective IRAs, 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.
- F6The reporting person was granted an option to purchase these shares of Virtusa Common Stock on 10/14/2008 under the Company's Director Compensation Policy. All shares are vested.