Moriarty Rowland T 4

4 · VIRTUSA CORP · Filed Dec 18, 2020

Form 4

Period: 2020-12-16

Director

Transactions

Holdings

Footnotes (5)

[F1]The reporting person was granted shares of restricted stock units on December 16, 2020 under the Company's Fifth Amended and Restated Director Compensation Policy and 2015 Stock Option and Incentive Plan. The restricted stock units vest over a three-year period at a rate of 33.333% on each of 9/1/21, 9/1/22 and 9/1/23. The award is subject to forward vesting by 12 months upon a change in control of the Company.
[F2]The reporting person is the Chief Investment Officer and Managing Member of Rubex, LLC, a limited liability company. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
[F3]Movex, LLC, is a limited liabilty company over which the reporting person exerts voting and investment control.
[F4]The reporting person's spouse, Jenny Moriarty, is trustee of the Moriarty Family Charitable Foundation. The reporting person disclaims beneficial ownership of such shares and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or any other purpose.
[F5]The reporting person exerts investment and voting control of the Charles Moriarty Trust.

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