SEC Form 4 · accession 0001209191-17-050837
VIRTUSA CORP · VRTU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
TRUST MARTIN
Director
Period of report
Aug 30, 2017
Accepted (ET)
Aug 31, 2017 · 10:05 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 30, 2017 | M | 22,716 | $4.74 | A | 22,716 | D | |
| Common Stock | Aug 30, 2017 | S | 3,080 | $35.55 | D | 19,636 | D | |
| Common StockF2 | Aug 30, 2017 | G | 19,636 | — | D | 0 | D | |
| Common StockF2,F3 | Aug 30, 2017 | G | 19,636 | — | A | 610,290 | I | 1997 Martin Trust Master Trust |
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 Option (right to buy)F1 | $4.74 | Aug 30, 2017 | M | 22,716 | D | — | Oct 14, 2018 | Common Stock | 22,716 | 0 | D |
Explanation of responses
- F1The reporting person was granted a non-qualified stock option exercisable for 22,716 shares on October 14, 2008. All shares are currently vested.
- F2The reporting person gifted without the receipt of consideration an aggregate of 19,636 shares held individually by the reporting person to the 1997 Martin Trust Master Trust, and the reporting person disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or any other purpose.
- F3The reporting person disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or any other purpose.