UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | SEC 1473 (7-02) | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. |
1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Non-qualified stock options | Â (2) | 05/17/2020 | common stock | 14,061 | $ 9.62 | D | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Dhir Samir C/O VIRTUSA CORPORATION WESTBOROUGH, MA 01581 |
 |  |  SVP, Global Services |  |
Paul D. Tutun, Attorney in Fact | 05/18/2011 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | The reporting person was granted on May 17, 2010, 5,000 shares of restricted stock under Virtusa Corporation's 2007 Stock Option and Incentive Plan. The shares are subject to time based vesting at a rate of 25% on February 15, 2011 and 6.25% each three month period thereafter. |
(2) | On May 17, 2010, the reporting person was granted a non-qualified stock option exercisable for 14,061 shares of common stock at an exercise price of $9.62 per share. The option vests 25% on February 15, 2011 and 6.25% each 3 month period thereafter and is fully vested on February 15, 2014. The option expires on May 17, 2020. |