Filing Details

Accession Number:
0001209191-13-032038
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-06-13 16:09:01
Reporting Period:
2013-06-11
Filing Date:
2013-06-13
Accepted Time:
2013-06-13 16:09:01
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1207074 Virtusa Corp VRTU Services-Computer Programming Services (7371) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1395240 Izhar Armony C/o Virtusa Corporation
2000 West Park Drive
Westborough MA 01581
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2013-06-11 10,000 $6.89 10,000 No 4 M Direct
Common Stock Disposition 2013-06-11 10,000 $23.64 0 No 4 S Direct
Common Stock Acquisiton 2013-06-12 5,974 $6.89 5,974 No 4 M Direct
Common Stock Disposition 2013-06-12 5,974 $22.98 0 No 4 S Direct
Common Stock Acquisiton 2013-06-12 7,307 $4.74 7,307 No 4 M Direct
Common Stock Disposition 2013-06-12 7,307 $22.98 0 No 4 S Direct
Common Stock Acquisiton 2013-06-12 6,719 $14.00 6,719 No 4 M Direct
Common Stock Disposition 2013-06-12 6,719 $22.98 0 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Non-qualified Stock Option Disposition 2013-06-11 10,000 $6.89 10,000 $6.89
Common Stock Non-qualified Stock Option Disposition 2013-06-12 5,974 $6.89 5,974 $6.89
Common Stock Non-qualified stock option Disposition 2013-06-12 7,307 $4.74 7,307 $4.74
Common Stock non-qualified stock option Disposition 2013-06-12 6,719 $14.00 6,719 $14.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
5,974 2014-09-03 No 4 M Direct
0 2014-09-03 No 4 M Direct
15,409 2018-10-14 No 4 M Direct
0 2017-08-02 No 4 M Direct
Footnotes
  1. The exercises of the options and sales of underlying stock were executed in multiple trades at prices ranging from $23.52 to $23.73 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.
  2. The exercises of the options and sales of underlying stock were executed in multiple trades at prices ranging from $22.89 to $23.18 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.
  3. The reporting person was granted an option to purchase these shares in 09/03/2004 under the Company's stock option plan. All options have vested.
  4. The reporting person was granted an option to purchase these shares on 10/14/2008 under the Company's 2007 Stock Option and Incentive Plan. All options have vested.
  5. The reporting person was granted an option to purchase these shares on 08/02/2007 under the Company's 2007 Stock Option and Incentive Plan. All options have vested.