SEC Form 4 · accession 0001209191-18-035765
VIRTUSA CORP · VRTU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kris A Canekeratne
Officer — Chairman & CEO · Director
Period of report
Jun 1, 2018
Accepted (ET)
Jun 5, 2018 · 4:56 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 Stock | Jun 1, 2018 | F | 4,445 | $50.29 | D | 763,768 | D | |
| Common Stock | Jun 1, 2018 | F | 5,077 | $50.29 | D | 758,691 | D | |
| Common StockF1,F2 | Jun 4, 2018 | S | 8,000 | $50.6314 | D | 750,691 | D | |
| Common StockF1,F3 | Jun 5, 2018 | S | 16,000 | $51.7198 | D | 734,691 | D | |
| Common StockF4,F5 | Jun 1, 2018 | S | 3,000 | $48.53 | D | 192,261 | I | Held by Spouse |
| Common Stock | holding | — | — | — | 41,110 | I | Held by Kris Canekeratne Irreovocable Trust | |
| Common Stock | holding | — | — | — | 41,110 | I | Held by Irrevocable Trust of spouse | |
| Common Stock | holding | — | — | — | 14,692 | I | Held by Kavan A. Canekeratne IDI Trust | |
| Common stock | holding | — | — | — | 14,692 | I | Held by Shane A. Canekeratne IDI Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares were sold pursuant to a 10b5-1 Sales Plan Agreement dated as of May 19, 2017 entered into by and between Kris Canekeratne and an investment bank.
- F2This transaction was executed in multiple trades at prices ranging from $50.16 to $50.88 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 $50.85 to $52.37 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.
- F4These shares were sold pursuant to a 10b5-1 Sales Plan Agreement dated as of June 15, 2017 entered into by and between Tushara Canekeratne and an investment bank.
- F5This transaction was executed in multiple trades at prices ranging from $48.56 to $48.53 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.