The reporting person was granted options to purchase 14,061 shares of common stock on May 17, 2010 under the Company's 2007 Stock Option and Incentive Plan, of which, 25% of the shares granted vest on February 15, 2011 and the remaining shares vest at a rate of 6.25% in 12 equal installments each 3 months thereafter.
The above information was disclosed in a filing to the SEC. To see this filing in its entirety, click here.
To receive a free e-mail notification whenever Virtusa Corporation makes a similar move, sign up!
Other recent filings from the company include the following:
Virtusa Corporation's Chairman & CEO just disposed of 12,000 shares - March 6, 2014
Virtusa Corporation's President just cashed-in 3,500 options - March 4, 2014