SEC Form 4 · accession 0001209191-18-035199
VIRTUSA CORP · VRTU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Raj Rajgopal
Officer — President, DBS
Period of report
Jun 1, 2018
Accepted (ET)
Jun 4, 2018 · 4:53 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 stockF1 | Jun 1, 2018 | F | 1,627 | $50.29 | D | 100,526 | D | |
| common stockF2 | Jun 1, 2018 | F | 1,580 | $50.29 | D | 98,946 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On August 8, 2014, the reporting person was granted 14,797 shares of restricted stock which vest at a rate of 25% each year over 4 years, with the first vesting date on June 1, 2015 with vesting to occur each anniversary date thereafter, under the Company's 2007 Stock Option and Incentive Plan ("2007 Plan"). On 6/1/18, 25% vested and on 6/1/18, the company withheld the number of shares equal to the tax liability thereon.
- F2On August 10, 2017, the reporting person was granted 11,243 shares of restricted stock which vest at a rate of 25% each year over 4 years, with the first vesting date on June 1, 2018 with vesting to occur each anniversary date thereafter, under the Company's 2015 Stock Option and Incentive Plan ("2015 Plan"). On 6/1/18, 25% vested and on 6/1/18, the company withheld the number of shares equal to the tax liability thereon.