VIRTUSA CORP|4Sep 15, 11:44 AM ET

VIRTUSA CORP 4

4 · VIRTUSA CORP · Filed Sep 15, 2016

Form 4

Period: 2016-09-14

Director10% Owner

Transactions

Exercise/Conversion
Non-Qualified Stock Option
2016-09-14$15.22/sh−1,380$21,004→ 345 total
Exercise: $15.22Exp: 2022-11-14→ common stock (1,380 underlying)
Exercise/Conversion
common stock
2016-09-14$14.63/sh+358$5,238→ 7,482 total
Exercise/Conversion
common stock
2016-09-14$15.22/sh+1,380$21,004→ 8,862 total
Exercise/Conversion
Non-Qualified Stock Option
2016-09-14$14.63/sh−358$5,238→ 0 total
Exercise: $14.63Exp: 2021-11-16→ common stock (358 underlying)

Footnotes (2)

[F1]The reporting person was granted an option to purchase these shares on 11/16/2011 under the under the Company's Director Compensation Policy. All options are vested.
[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.

Documents

2 files