NARAYANAN SUNDARARAJAN (EVP, CPO and Global Head of HR) 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: 0001209191-19-016970
Officer· EVP, CPO and Global Head of HR
Since Sep 2018
-2.96K
Net shares
Net seller
$150.1K
Total sold
0
Open market trades
0B · 0S
4
Total transactions
7.50K acquired · 10.46K disposed
Non-Derivative Transactions3
common stock
Direct
Shares
+7.50K
Price / share
—
Trade value
—
% of position
10.9%
3/1/2019
68.64K→76.14K
common stock
Direct
Shares
−2.28K
Price / share
$50.77
Trade value
$115.60K
% of position
3.0%
3/1/2019
76.14K→73.87K
common stock
Direct
Shares
−680.00
Price / share
$50.77
Trade value
$34.52K
% of position
0.9%
3/1/2019
73.87K→73.19K
Total
Net shares
+4.54K
Net value
-$150.13K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| common stock Direct | 3/1/2019 | M · Option Exercise | +7.50K | — | — | 10.9% | 68.64K | 76.14K |
| common stock Direct | 3/1/2019 | F · Tax Withholding | −2.28K | $50.77 | $115.60K | 3.0% | 76.14K | 73.87K |
| common stock Direct | 3/1/2019 | F · Tax Withholding | −680.00 | $50.77 | $34.52K | 0.9% | 73.87K | 73.19K |
| Total | +4.54K | -$150.13K | ||||||
Derivative Transactions1
Performance-based Restricted Stock Unit
Direct
Converts to
common stock
7.50K shares
Shares
−7.50K
Strike price
Held after
17.50K
Exercisable
—
3/1/2019
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Performance-based Restricted Stock Unit Direct | common stock7.50K shares | 3/1/2019 | M · Option Exercise | −7.50K | — | 17.50K |