4//SEC Filing
Holler Thomas R 4
Accession 0001209191-19-048099
CIK 0001207074other
Filed
Sep 3, 8:00 PM ET
Accepted
Sep 4, 2:04 PM ET
Size
8.2 KB
Accession
0001209191-19-048099
Insider Transaction Report
Form 4
VIRTUSA CORPVRTU
Holler Thomas R
EVP and COO
Transactions
- Tax Payment
Common Stock
2019-09-03$36.10/sh−3,289$118,733→ 93,268 total
Footnotes (1)
- [F1]On 5/17/2018, the reporting person was granted a performance-based restricted stock unit award under the Company's 2015 Stock Option and Incentive Plan, which awards vest only upon the Company's achievement of two weighted performance metrics: revenue (50%) and non-GAAP operating income targets (50%) for fiscal year ending 3/31/19 ("FY19"). Based on the Company's achievement of i) revenue of $1,247.9 million and ii) Non-GAAP operating income of $123.2 million for FY19, 33% vested on 9/1/2019 and 67% will vest on 3/1/2021. On September 3, 2019 the Company withheld the number of shares listed above equal to the reporting person's tax liability thereon.
Issuer
VIRTUSA CORP
CIK 0001207074
Entity typeother
Related Parties
1- filerCIK 0001406395
Filing Metadata
- Form type
- 4
- Filed
- Sep 3, 8:00 PM ET
- Accepted
- Sep 4, 2:04 PM ET
- Size
- 8.2 KB