KALIA RANJAN (EVP & Chief Financial Officer) exercised options at VIRTUSA CORP
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 3/5/2019ACC: 0001209191-19-016951
Officer· EVP & Chief Financial Officer
Since Sep 2018
-6.77K
Net shares
Net seller
$343.9K
Total sold
0
Open market trades
0B · 0S
5
Total transactions
15K acquired · 21.77K disposed
Non-Derivative Transactions4
common stock
Direct
Shares
+15K
Price / share
—
Trade value
—
% of position
10.4%
3/1/2019
143.99K→158.99K
common stock
Direct
Shares
−4.47K
Price / share
$50.77
Trade value
$226.84K
% of position
2.8%
3/1/2019
158.99K→154.52K
common stock
Direct
Shares
−295.00
Price / share
$50.77
Trade value
$14.98K
% of position
0.2%
3/1/2019
154.52K→154.22K
common stock
Direct
Shares
−2.01K
Price / share
$50.77
Trade value
$102.05K
% of position
1.3%
3/1/2019
154.22K→152.21K
Total
Net shares
+8.23K
Net value
-$343.87K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| common stock Direct | 3/1/2019 | M · Option Exercise | +15K | — | — | 10.4% | 143.99K | 158.99K |
| common stock Direct | 3/1/2019 | F · Tax Withholding | −4.47K | $50.77 | $226.84K | 2.8% | 158.99K | 154.52K |
| common stock Direct | 3/1/2019 | F · Tax Withholding | −295.00 | $50.77 | $14.98K | 0.2% | 154.52K | 154.22K |
| common stock Direct | 3/1/2019 | F · Tax Withholding | −2.01K | $50.77 | $102.05K | 1.3% | 154.22K | 152.21K |
| Total | +8.23K | -$343.87K | ||||||
Derivative Transactions1
Performance-based Restricted Stock Unit
Direct
Converts to
common stock
15K shares
Shares
−15K
Strike price
Held after
35K
Exercisable
—
3/1/2019
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Performance-based Restricted Stock Unit Direct | common stock15K shares | 3/1/2019 | M · Option Exercise | −15K | — | 35K |