SEC Form 4 · accession 0001209191-17-050254
VIRTUSA CORP · VRTU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert E Davoli
Director
Period of report
Aug 24, 2017
Accepted (ET)
Aug 25, 2017 · 11:37 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 stock | Aug 24, 2017 | M | 345 | $15.22 | A | 14,442 | D | |
| common stock | Aug 24, 2017 | S | 733 | $35.4962 | D | 13,709 | D | |
| common stock | Aug 24, 2017 | S | 100 | $35.4957 | D | 13,609 | D | |
| common stockF1 | Aug 24, 2017 | S | 2,108 | $35.3464 | D | 11,501 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock OptionF2 | $15.22 | Aug 24, 2017 | M | 345 | D | — | Nov 14, 2022 | common stock | 345 | 0 | D |
Explanation of responses
- F1This transaction was executed in multiple trades at prices ranging from $35.27 to $35.42 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.
- F2The reporting person was granted an option to purchase these shares on 11/14/2012 under the Company's Director Compensation Policy. All stock options are now vested.