4//SEC Filing
VIRTUSA CORP 4
Accession 0001209191-16-141496
CIK 0001207074operating
Filed
Sep 14, 8:00 PM ET
Accepted
Sep 15, 11:44 AM ET
Size
14.0 KB
Accession
0001209191-16-141496
Insider Transaction Report
Form 4
VIRTUSA CORPVRTU
DAVOLI ROBERT E
Director10% Owner
Transactions
- Exercise/Conversion
Non-Qualified Stock Option
2016-09-14$15.22/sh−1,380$21,004→ 345 totalExercise: $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 totalExercise: $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.
Issuer
VIRTUSA CORP
CIK 0001207074
Entity typeoperating
Related Parties
1- filerCIK 0001207074
Filing Metadata
- Form type
- 4
- Filed
- Sep 14, 8:00 PM ET
- Accepted
- Sep 15, 11:44 AM ET
- Size
- 14.0 KB