SEC Form 4 · accession 0001209191-16-140725
VIRTUSA CORP · VRTU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kris A Canekeratne
Officer — Chairman & CEO · Director
Period of report
Sep 7, 2016
Accepted (ET)
Sep 9, 2016 · 2:54 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 | Sep 7, 2016 | S | 8,000 | $26.1444 | D | 826,133 | D | |
| common stockF3 | Sep 8, 2016 | S | 8,000 | $26.0018 | D | 818,133 | D | |
| common stockF4 | Sep 9, 2016 | S | 8,000 | $25.8979 | D | 810,133 | D | |
| common stock | holding | — | — | — | 296,261 | I | Held by Spouse | |
| Common Stock | holding | — | — | — | 41,110 | I | Held by Kris Canekeratne Irreovocable Trust | |
| Common Stock | holding | — | — | — | 41,110 | I | Held by Irrevocable Trust of spouse | |
| comm | holding | — | — | — | 14,692 | I | Held by Kavan A. Canekeratne IDI Trust | |
| common stock | holding | — | — | — | 14,692 | I | Held by Shane A. Canekeratne IDI Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares were sold pursuant to a 10b5-1 Sales Plan Agreement dated as of November 16, 2015 entered into by and between Kris Canekeratne and an investment bank.
- F2This transaction was executed in multiple trades at prices ranging from 25.975 to $26.35 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.
- F3This transaction was executed in multiple trades at prices ranging from $25.91 to $26.05 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.
- F4This transaction was executed in multiple trades at prices ranging from $25.71 to $26.27 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.