SEC Form 4 · accession 0001209191-17-052032
VIRTUSA CORP · VRTU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
TRUST MARTIN
Director
Period of report
Sep 7, 2017
Accepted (ET)
Sep 8, 2017 · 3:53 pm 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 | Sep 7, 2017 | M | 9,397 | $9.20 | A | 9,397 | D | |
| Common Stock | Sep 7, 2017 | M | 6,186 | $13.42 | A | 15,583 | D | |
| Common Stock | Sep 7, 2017 | M | 5,723 | $14.63 | A | 21,306 | D | |
| Common Stock | Sep 7, 2017 | M | 5,518 | $15.22 | A | 26,824 | D | |
| Common Stock | Sep 7, 2017 | M | 2,665 | $34.27 | A | 29,489 | D | |
| Common StockF6 | Sep 7, 2017 | S | 12,255 | $35.3106 | D | 17,234 | 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 Option (right to buy)F1 | $9.20 | Sep 7, 2017 | M | 9,397 | D | — | Nov 20, 2019 | Common Stock | 9,397 | 0 | D |
| Non-qualified Stock Option (right to buy)F2 | $13.42 | Sep 7, 2017 | M | 6,186 | D | — | Nov 19, 2020 | Common Stock | 6,186 | 0 | D |
| Non-qualified Stock Option (right to buy)F3 | $14.63 | Sep 7, 2017 | M | 5,723 | D | — | Nov 16, 2021 | Common Stock | 5,723 | 0 | D |
| Non-qualified Stock Option (right to buy)F4 | $15.22 | Sep 7, 2017 | M | 5,518 | D | — | Nov 14, 2022 | Common Stock | 5,518 | 0 | D |
| Non-qualified Stock Option (right to buy)F5 | $34.27 | Sep 7, 2017 | M | 2,665 | D | — | Nov 20, 2023 | Common Stock | 2,665 | 0 | D |
Explanation of responses
- F1The reporting person was granted a non-qualified stock option exercisable for 9,397 shares on 11/20/2009. All shares are currently vested.
- F2The reporting person was granted a non-qualified stock option exercisable for 6,186 shares on 11/19/2010. All shares are currently vested.
- F3The reporting person was granted a non-qualified stock option exercisable for 5,723 shares on 11/16/2011. All shares are currently vested.
- F4The reporting person was granted a non-qualified stock option exercisable for 5,518 shares on 11/14/2012. All shares are currently vested.
- F5The reporting person was granted a non-qualified stock option exercisable for 2,665 shares on 11/20/2013. All shares are currently vested.
- F6This transaction was executed in multiple trades at prices ranging from $35.11 to $35.46 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.