MORRISON PATRICIA 4
4 · VIRTUSA CORP · Filed Dec 18, 2020
Insider Transaction Report
Form 4
VIRTUSA CORPVRTU
MORRISON PATRICIA
Director
Transactions
- Award
Common Stock
2020-12-16+2,784→ 2,784 total - Award
Common Stock
2020-12-16+1,989→ 4,773 total
Footnotes (2)
- [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 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 10/1/21, 10/1/22 and 10/1/23. The award is subject to forward vesting by 12 months upon a change in control of the Company.