SEC Form 4 · accession 0001209191-16-152851
VIRTUSA CORP · VRTU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sundararajan Narayanan
Officer — EVP, CPO and Global Head of HR
Period of report
Dec 1, 2016
Accepted (ET)
Dec 2, 2016 · 12:26 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, 2016 | F | 430 | $22.68 | D | 29,960 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On 11/6/2012, the reporting person was granted 5,294 shares of restricted stock awards under the Company's 2007 Stock Option and Incentive Plan ("2007 Plan") with 25% of the shares vesting on 12/01/2013 and 25% vesting each one year anniversary thereafter. The final installment vested on 12/1/2016 and on 12/1/2016, the company withheld the number of shares equal to the tax liability thereon.