SEC Form 4 · accession 0001209191-16-125373
VIRTUSA CORP · VRTU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Samir Dhir
Officer — EVP, CDO and Head of India Ops
Period of report
Jun 1, 2016
Accepted (ET)
Jun 3, 2016 · 8:56 am 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 StockF1 | Jun 1, 2016 | F | 1,721 | $35.50 | D | 48,683 | D | |
| Common StockF2 | Jun 1, 2016 | F | 945 | $35.50 | D | 47,738 | D | |
| Common StockF3 | Jun 1, 2016 | F | 758 | $35.50 | D | 46,980 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On August 2, 2012, the reporting person was granted 20,000 shares of restricted stock which vest at a rate of 25% each year over 4 years, with the first vesting date on June 1, 2013 with vesting to occur each anniversary date thereafter, under the Company's 2007 Stock Option and Incentive Plan ("2007 Plan"). On 6/1/16, 25% vested and on 6/1/16, the company withheld the number of shares equal to the reporting person's tax liability thereon.
- F2On August 6, 2013, the reporting person was granted 10982 shares of restricted stock which vest at a rate of 25% each year over 4 years, with the first vesting date on June 1, 2014 with vesting to occur each anniversary date thereafter, under the Company's 2007 Stock Option and Incentive Plan ("2007 Plan"). On 6/1/16, 25% vested and on 6/1/16, the company withheld the number of shares equal to the reporting person's tax liability thereon.
- F3On August 8, 2014, the reporting person was granted 8798 shares of restricted stock which vest at a rate of 25% each year over 4 years, with the first vesting date on June 1, 2015 with vesting to occur each anniversary date thereafter, under the Company's 2007 Stock Option and Incentive Plan ("2007 Plan"). On 6/1/16, 25% vested and on 6/1/16, the company withheld the number of shares equal to the reporting person's tax liability thereon.