Narayanan Sundararajan 4
4 · VIRTUSA CORP · Filed Jun 3, 2020
Insider Transaction Report
Form 4
VIRTUSA CORPVRTU
Narayanan Sundararajan
EVP, CPO and Global Head of HR
Transactions
- Tax Payment
Common Stock
2020-06-01$30.28/sh−1,331$40,303→ 105,533 total - Tax Payment
Common Stock
2020-06-01$30.28/sh−1,331$40,303→ 102,985 total - Tax Payment
Common Stock
2020-06-01$30.28/sh−1,217$36,851→ 104,316 total
Footnotes (3)
- [F1]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 1, 2020 the company withheld the number of shares listed above equal to the reporting person's tax liability thereon.
- [F2]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 1, 2020 the company withheld the number of shares listed above equal to the reporting person's tax liability thereon.
- [F3]On 5/20/2019, the reporting person was granted shares of time-based restricted stock units issuable (upon full vest) for 9,000 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, 2020, June 1, 2021 and June 1, 2022 respectively. On June 1, 2020 the company withheld the number of shares listed above equal to the reporting person's tax liability thereon.