Virtusa Corporation's President just cashed-in 3,500 options

Raj Rajgopal, Virtusa Corporation's President, recently cashed-in 3,500 options. The options were exercised at $2.97, while the disposals took place at $34.10 per share, on February 04, 2014. Rajgopal continues to hold 97,334 shares of the company. Rajgopal operates out of Westborough, MA. Some additional info was provided as follows:

These shares were exercised and sold pursuant to a 10b5-1 Plan Agreement dated as of August 16, 2013 entered into by and between Mr. Rajgopal and an investment bank. The reporting person was granted an option exercisable for 143,769 shares on May 6, 2005, subject to vesting over four years. All shares are currently vested.

The above information was disclosed in a filing to the SEC. To see this filing in i ts entirety, click here.

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Other recent filings from the company include the following:

Virtusa Corporation's Chairman & CEO just disposed of 2,500 shares - Feb. 26, 2015
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