SEC Form 4 · accession 0001209191-16-150743
VIRTUSA CORP · VRTU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Al Noor Ramji
Director
Period of report
Nov 15, 2016
Accepted (ET)
Nov 17, 2016 · 8:32 am 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 | Nov 15, 2016 | A | 5,235 | $19.10 | A | 9,752 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reporting person was granted shares of restricted stock units on 11/15/2016 under the Company's Director Compensation Policy and 2015 Stock Option and Incentive Plan. 33.33% of these shares will vest on 9/1/17, with 33.33% of the shares granted vesting on each of 9/1/18 and 9/1/19. The entire award will vest on 9/1/2019. The award is subject to forward vesting by 12 months upon a change in control of the Company