SEC Form 4 · accession 0001209191-18-020472
VIRTUSA CORP · VRTU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ranjan Kalia
Officer — EVP & Chief Financial Officer
Period of report
Mar 15, 2018
Accepted (ET)
Mar 19, 2018 · 10:16 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 | Mar 15, 2018 | M | 13,065 | $10.02 | A | 122,070 | D | |
| common stockF2 | Mar 15, 2018 | S | 13,065 | $50.4063 | D | 109,005 | D | |
| common stock | Mar 16, 2018 | M | 800 | $10.02 | A | 109,805 | D | |
| common stockF3 | Mar 16, 2018 | S | 800 | $49.8688 | D | 109,005 | 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 optionF1 | $10.02 | Mar 15, 2018 | M | 13,065 | D | — | May 23, 2018 | common stock | 13,065 | 6,935 | D |
| Non-qualified stock optionF1 | $10.02 | Mar 16, 2018 | M | 800 | D | — | May 23, 2018 | common stock | 800 | 6,135 | D |
Explanation of responses
- F1The reporting person was granted an option to purchase these shares on 05/23/2008. All shares are now vested.
- F2The sale of shares was executed in multiple trades at prices ranging from $50.01 to $51.035 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.
- F3The sale of shares was executed in multiple trades at prices ranging from $49.835 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.