SEC Form 4 · accession 0001209191-18-022634
VIRTUSA CORP · VRTU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Raj Rajgopal
Officer — President, DBS
Period of report
Apr 2, 2018
Accepted (ET)
Apr 3, 2018 · 8:02 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 | Apr 2, 2018 | M | 1,360 | $10.02 | A | 47,713 | D | |
| common stockF2 | Apr 2, 2018 | S | 1,360 | $47.3152 | D | 46,353 | D | |
| common stock | Apr 2, 2018 | M | 2,665 | $9.82 | A | 49,018 | D | |
| common stockF3 | Apr 2, 2018 | S | 2,665 | $47.2698 | D | 46,353 | 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,F4 | $10.02 | Apr 2, 2018 | M | 1,360 | D | — | May 23, 2018 | common stock | 1,360 | 0 | D |
| nonqualified stock optionF1,F5 | $9.82 | Apr 2, 2018 | M | 2,665 | D | — | Aug 4, 2019 | common stock | 2,665 | 0 | 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 $46.59 to $48.50 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 $46.61 to $48.03 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.
- F4The reporting person was granted an option to purchase these shares on 05/23/2008. All shares are now vested.
- F5The reporting person was granted an option to purchase these shares on 08/04/2009. All shares are now vested.