SEC Form 4 · accession 0001209191-17-064508
VIRTUSA CORP · VRTU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Izhar Armony
Director
Period of report
Dec 5, 2017
Accepted (ET)
Dec 7, 2017 · 5:31 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 stockF1 | Dec 5, 2017 | A | 3,094 | $45.24 | A | 12,846 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reporting person was granted shares of restricted stock units on 12/05/2017 under the Company's Director Compensation Policy and 2015 Stock Option and Incentive Plan. 33.333% of these shares will vest on 9/1/18, with 33.333% of the shares granted vesting on each of 9/1/19 and 9/1/20. The award is subject to forward vesting by 12 months upon a change in control of the Company.