Narayanan Sundararajan 4
4 · VIRTUSA CORP · Filed Jun 5, 2019
Insider Transaction Report
Form 4
VIRTUSA CORPVRTU
Narayanan Sundararajan
EVP, CPO and Global Head of HR
Transactions
- Tax Payment
common stock
2019-06-03$41.27/sh−882$36,400→ 100,972 total - Tax Payment
common stock
2019-06-03$41.27/sh−387$15,971→ 101,854 total - Tax Payment
common stock
2019-06-03$41.27/sh−807$33,305→ 100,165 total
Footnotes (3)
- [F1]On 07/31/2015, the reporting person was granted 5,256 shares of restricted stock awards under the Company's 2007 Stock Option and Incentive Plan ("2007 Plan") with 25% of the shares vesting on 06/01/2016 and 25% vesting each one year anniversary thereafter. On 6/1/2019, 25% of the shares vested, and on June 3, 2019 the company withheld the number of shares listed above equal to the reporting person's tax liability thereon.
- [F2]On 8/10/2017, the reporting person was granted shares of time-based restricted stock units issuable (upon full vest) for 8,994 shares under the Company's 2015 Stock Option and Incentive Plan. The shares are subject to a three-year vesting period with one-third of the shares vesting annually on each June 1, 2018, 2019 and 2020 respectively. On June 3, 2019 the company withheld the number of shares listed above equal to the reporting person's tax liability thereon.
- [F3]On 5/17/2018, the reporting person was granted shares of time-based restricted stock units issuable (upon full vest) for 8,233 shares under the Company's 2015 Stock Option and Incentive Plan. The shares are subject to a three-year vesting period with one-third of the shares vesting annually on each June 1,2019, June 1,2020 and June 1,2021 respectively. On June 3, 2019 the company withheld the number of shares listed above equal to the reporting person's tax liability thereon.