Home/Filings/4/0001209191-15-068395
4//SEC Filing

VIRTUSA CORP 4

Accession 0001209191-15-068395

CIK 0001207074operating

Filed

Aug 27, 8:00 PM ET

Accepted

Aug 28, 12:46 PM ET

Size

18.6 KB

Accession

0001209191-15-068395

Insider Transaction Report

Form 4
Period: 2015-08-27
DAVOLI ROBERT E
Director10% Owner
Transactions
  • Exercise/Conversion

    nonqualified stock option

    2015-08-27$15.22/sh1,035$15,7531,725 total
    Exercise: $15.22Exp: 2022-11-14common stock (1,035 underlying)
  • Exercise/Conversion

    common stock

    2015-08-27$15.22/sh+1,035$15,75312,344 total
  • Exercise/Conversion

    nonqualified stock option

    2015-08-27$14.63/sh1,073$15,698358 total
    Exercise: $14.63Exp: 2021-11-16common stock (1,073 underlying)
  • Exercise/Conversion

    common stock

    2015-08-27$14.63/sh+1,073$15,69811,309 total
  • Exercise/Conversion

    common stock

    2015-08-27$34.27/sh+499$17,10112,843 total
  • Exercise/Conversion

    nonqualified stock option

    2015-08-27$34.27/sh499$17,1011,500 total
    Exercise: $34.27Exp: 2023-11-20common stock (499 underlying)
Footnotes (3)
  • [F1]The reporting person was granted an option to purchase these shares on 11/16/2011 under the Company's Director Compensation Policy. 25% of these shares will vest on the one year anniversary of the date of grant, with 6.25% of the shares granted vesting in 12 equal quarterly installments over the next three years thereafter. The entire award will vest on 11/16/2015. The option vests 25% (i.e., 12 month acceleration) upon a change in control of the Company.
  • [F2]The reporting person was granted an option to purchase these shares on 11/14/2012 under the Company's Director Compensation Policy. 25% of these shares will vest on the one year anniversary of the date of grant, with 6.25% of the shares granted vesting in 12 equal quarterly installments over the next three years thereafter. The entire award will vest on 11/14/2016. The option vests 25% (i.e., 12 month acceleration) upon a change in control of the Company.
  • [F3]The reporting person was granted an option to purchase these shares on 11/20/2013 under the Company's Director Compensation Policy and 2007 Stock Option and Incentive Plan. 25% of these shares will vest on the one year anniversary of the date of grant, with 6.25% of the shares granted vesting in 12 equal quarterly installments over the next three years thereafter. The entire award will vest on 11/20/2017. The option vests 25% (i.e., 12 month acceleration) upon a change in control of the Company.

Issuer

VIRTUSA CORP

CIK 0001207074

Entity typeoperating

Related Parties

1
  • filerCIK 0001207074

Filing Metadata

Form type
4
Filed
Aug 27, 8:00 PM ET
Accepted
Aug 28, 12:46 PM ET
Size
18.6 KB