Accession Number: | 0001209191-20-049270 |
Date: | 2020-09-01 |
Issuer: | VIRTUSA CORP (VRTU) |
Original Submission Date: |
KALIA RANJAN
C/O VIRTUSA CORPORATION
132 TURNPIKE ROAD
SOUTHBOROUGH, MA 01772
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
---|---|---|---|---|---|---|---|---|---|
COMMON STOCK | 2020-09-01 | F | 444 | d | $39.79 | 90,500 | direct | ||
COMMON STOCK | 2020-09-01 | 0 | $0.00 | 91,859 | indirect | f2 |
Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
---|
ID | footnote |
---|---|
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. |