Kalia Ranjan 4
4 · VIRTUSA CORP · Filed Sep 2, 2020
Insider Transaction Report
Form 4
VIRTUSA CORPVRTU
Kalia Ranjan
SVP & Chief Financial Officer
Transactions
- Tax Payment
Common Stock
2020-09-01$39.79/sh−444$17,667→ 90,500 total
Holdings
- 91,859(indirect: By Trust)
common stock
Footnotes (2)
- [F1]On 11/14/2016, the reporting person was granted shares of time-based restricted stock units issuable (upon full vest) for 16,000 shares under the 2015 Stock Option and Incentive Plan. 6.25% of these shares will vest each quarter in 16 equal installments beginning on 12/1/16 and each 3 month anniversary thereafter with the final vesting date on 9/1/2020. On 9/1/2020 the company withheld the number of shares listed above equal to the reporting person's tax liability thereon.
- [F2]These shares are held in a revocable trust ("the Trust") for the benefit of the reporting person who is the beneficiary and sole trustee of the Trust.