CANEKERATNE KRIS A (Chairman & CEO) sold 9.1% of their position (62.17K shares) of VIRTUSA CORP on the open market
Open‑market sale worth $3.18M — a moderate reduction. Review remaining holdings and any 10b5‑1 plan disclosures.
S · 2 sales
Filed: 3/12/2019ACC: 0001209191-19-018790
DirectorOfficer· Chairman & CEO
Since Jul 2018
-62.17K
Net shares
Net seller
$3.18M
Total sold
2
Open market trades
0B · 2S
4
Total transactions
38.17K acquired · 100.35K disposed
Non-Derivative Transactions3
Common Stock
Direct
Shares
+38.17K
Price / share
$9.82
Trade value
$374.88K
% of position
5.9%
3/11/2019
645.12K→683.29K
Common Stock
Direct
Shares
−38.17K
Price / share
$51.07
Trade value
$1.95M
% of position
5.6%
3/11/2019
683.29K→645.12K
Common Stock
Direct
Shares
−24K
Price / share
$51.39
Trade value
$1.23M
% of position
3.7%
3/11/2019
645.12K→621.12K
Total
Net shares
−24K
Net value
-$2.81M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 3/11/2019 | M · Option Exercise | +38.17K | $9.82 | $374.88K | 5.9% | 645.12K | 683.29K |
| Common Stock Direct | 3/11/2019 | S · Sale | −38.17K | $51.07 | $1.95M | 5.6% | 683.29K | 645.12K |
| Common Stock Direct | 3/11/2019 | S · Sale | −24K | $51.39 | $1.23M | 3.7% | 645.12K | 621.12K |
| Total | −24K | -$2.81M | ||||||
Derivative Transactions1
NQ Stock Option (right to buy)
Direct
Converts to
common stock
38.17K shares
Shares
−38.17K
Strike price
9.82
Held after
0.00
Exercisable
—
3/11/2019
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| NQ Stock Option (right to buy) Direct | common stock38.17K shares | 3/11/2019 | M · Option Exercise | −38.17K | 9.82 | — | 0.00 |
Non-Derivative Holdings (Post-Transaction)5
Common Stock
IndirectShares owned41.11K
Common stock
IndirectShares owned14.69K
Common Stock
IndirectShares owned14.69K
Common Stock
IndirectShares owned41.11K
Common Stock
IndirectShares owned156.26K
Total
267.87K indirect267.87K
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Common Stock | 41.11K | Indirect |
| Common stock | 14.69K | Indirect |
| Common Stock | 14.69K | Indirect |
| Common Stock | 41.11K | Indirect |
| Common Stock | 156.26K | Indirect |
| Total | 267.87K | 267.87K indirect |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported