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Filing Details

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
1406397	A Kris Canekeratne	C/O Virtusa Corporation 132 Turnpike Road Southborough MA 01772	Chairman & Ceo	Yes	Yes	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	Disposition	2019-09-03	17,178	$36.10	706,748	No	4	F	Direct
Common Stock	Disposition	2019-09-04	15,000	$36.57	92,411	No	4	S	Indirect	Held by Spouse

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	F	Direct
No	4	S	Indirect	Held by Spouse

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	41,110	Indirect	Held by Kris Canekeratne Irreovocable Trust
Common Stock	41,110	Indirect	Held by Irrevocable Trust of spouse
Common Stock	14,692	Indirect	Held by Kavan A. Canekeratne IDI Trust
Common Stock	14,692	Indirect	Held by Shane A. Canekeratne IDI Trust

Footnotes

On 5/17/2018, the reporting person was granted a performance-based restricted stock unit award under the Company's 2015 Stock Option and Incentive Plan, which awards vest only upon the Company's achievement of two weighted performance metrics: revenue (50%) and non-GAAP operating income targets (50%) for fiscal year ending 3/31/19 ("FY19"). Based on the Company's achievement of i) revenue of $1,247.9 million and ii) Non-GAAP operating income of $123.2 million for FY19, 33% vested on 9/1/2019 and 67% will vest on 3/1/2021. On September 3, 2019 the Company withheld the number of shares listed above equal to the reporting person's tax liability thereon.
These shares were sold pursuant to a 10b5-1 Sales Plan Agreement dated as of November 16, 2018 entered into by and between Tushara Canekeratne and an investment bank.