CANEKERATNE KRIS A (Chairman & CEO) sold 6.0% of their position (10K shares) of VIRTUSA CORP on the open market
Open‑market sale worth $502.7K — a moderate reduction. Review remaining holdings and any 10b5‑1 plan disclosures.
S · 1 sale
Filed: 3/5/2019ACC: 0001209191-19-016925
DirectorOfficer· Chairman & CEO
Since Jul 2018
-35.27K
Net shares
Net seller
$1.79M
Total sold
1
Open market trades
0B · 1S
5
Total transactions
45K acquired · 80.27K disposed
Non-Derivative Transactions4
Common Stock
Direct
Shares
+45K
Price / share
—
Trade value
—
% of position
7.2%
3/1/2019
625.39K→670.39K
Common Stock
Direct
Shares
−17.06K
Price / share
$50.77
Trade value
$866.34K
% of position
2.5%
3/1/2019
670.39K→653.32K
Common Stock
Direct
Shares
−8.21K
Price / share
$50.77
Trade value
$416.62K
% of position
1.3%
3/1/2019
653.32K→645.12K
Common Stock
Indirect
Shares
−10K
Price / share
$50.27
Trade value
$502.70K
% of position
6.0%
3/1/2019
166.26K→156.26K
Total
Net shares
+9.73K
Net value
-$1.79M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 3/1/2019 | M · Option Exercise | +45K | — | — | 7.2% | 625.39K | 670.39K |
| Common Stock Direct | 3/1/2019 | F · Tax Withholding | −17.06K | $50.77 | $866.34K | 2.5% | 670.39K | 653.32K |
| Common Stock Direct | 3/1/2019 | F · Tax Withholding | −8.21K | $50.77 | $416.62K | 1.3% | 653.32K | 645.12K |
| Common Stock Indirect | 3/1/2019 | S · Sale | −10K | $50.27 | $502.70K | 6.0% | 166.26K | 156.26K |
| Total | +9.73K | -$1.79M | ||||||
Derivative Transactions1
performance-based restricted stock unit awards
Direct
Converts to
common stock
45K shares
Shares
−45K
Strike price
Held after
105K
Exercisable
—
3/1/2019
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| performance-based restricted stock unit awards Direct | common stock45K shares | 3/1/2019 | M · Option Exercise | −45K | — | 105K |
Non-Derivative Holdings (Post-Transaction)4
Common Stock
IndirectShares owned41.11K
Common Stock
IndirectShares owned14.69K
Common Stock
IndirectShares owned41.11K
Common stock
IndirectShares owned14.69K
Total
111.60K indirect111.60K
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Common Stock | 41.11K | Indirect |
| Common Stock | 14.69K | Indirect |
| Common Stock | 41.11K | Indirect |
| Common stock | 14.69K | Indirect |
| Total | 111.60K | 111.60K indirect |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported