SEC Form 4 · accession 0001209191-17-049327
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
Aug 15, 2017
Accepted (ET)
Aug 17, 2017 · 9:12 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 stockF2 | Aug 15, 2017 | S | 6,000 | $36.8948 | D | 604,186 | D | |
| common stock | holding | — | — | — | 276,261 | 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 May 19, 2017 entered into by and between Kris Canekeratne and an investment bank.
- F2This transaction was executed in multiple trades at prices ranging from $36.53 to $37.30 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.