VIRTUSA CORP 4
4 · VIRTUSA CORP · Filed Nov 18, 2015
Insider Transaction Report
Form 4
VIRTUSA CORPVRTU
Armony Izhar
Director
Transactions
- Award
common stock
2015-11-17$49.58/sh+2,016$99,953→ 4,517 total
Footnotes (1)
- [F1]The reporting person was granted shares of restricted stock units on 11/17/2015 under the Company's Director Compensation Policy and 2015 Stock Option and Incentive Plan. 33.33% of these shares will vest on 9/1/16, with 33.33% of the shares granted vesting on each of 9/1/17 and 9/1/18. The entire award will vest on 9/1/2018. The award is subject to forward vesting by 12 months upon a change in control of the Company.