SEC Form 4 · accession 0001209191-17-060568
VIRTUSA CORP · VRTU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Raj Rajgopal
Officer — President, DBS
Period of report
Nov 10, 2017
Accepted (ET)
Nov 14, 2017 · 2:54 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 stock | Nov 10, 2017 | M | 1,360 | $10.02 | A | 108,576 | D | |
| common stockF2 | Nov 10, 2017 | S | 1,360 | $44.9499 | D | 107,216 | D | |
| common stock | Nov 10, 2017 | M | 2,665 | $9.82 | A | 109,881 | D | |
| common stockF3 | Nov 10, 2017 | S | 2,665 | $44.9805 | D | 107,216 | D | |
| common stockF4 | Nov 10, 2017 | S | 10,000 | $45.0377 | D | 97,216 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| nonqualified stock optionF1,F5 | $10.02 | Nov 10, 2017 | M | 1,360 | D | — | May 23, 2018 | common stock | 1,360 | 6,800 | D |
| nonqualified stock optionF1,F6 | $9.82 | Nov 10, 2017 | M | 2,665 | D | — | Aug 4, 2019 | common stock | 2,665 | 13,325 | D |
Explanation of responses
- F1These shares were sold pursuant to a 10b5-1 Plan Agreement dated as of May 24, 2017 entered into by and between Mr. Rajgopal and an investment bank
- F2This transaction was executed in multiple trades at prices ranging from $44.37 to $45.92 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.
- F3This transaction was executed in multiple trades at prices ranging from $44.37 to $45.76 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.
- F4This transaction was executed in multiple trades at prices ranging from $44.35 to $49.90 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.
- F5The reporting person was granted an option to purchase these shares on 05/23/2008. All shares are now vested.
- F6The reporting person was granted an option to purchase these shares on 08/04/2009. All shares are now vested.