SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
SIGMA PARTNERS V LP

(Last) (First) (Middle)
1600 EL CAMINO REAL
SUITE 280

(Street)
MENLO PARK CA 94025

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
VIRTUSA CORP [ VRTU ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
08/04/2011
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/04/2011 J(1) 883,349 D (8) 1,766,698 I Sigma Partners V, L.P.(2)(7)
Common Stock 08/04/2011 J(3) 196,200 D (8) 392,400 I Sigma Associates V, L.P.(4)(7)
Common Stock 08/04/2011 J(5) 51,944 D (8) 103,586 I Sigma Investors V, L.P.(6)(7)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
1. Name and Address of Reporting Person*
SIGMA PARTNERS V LP

(Last) (First) (Middle)
1600 EL CAMINO REAL
SUITE 280

(Street)
MENLO PARK CA 94025

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Sigma Associates V, L.P.

(Last) (First) (Middle)
1600 EL CAMINO REAL
SUITE 280

(Street)
MENLO PARK CA 94025

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Sigma Investors V, L.P.

(Last) (First) (Middle)
1600 EL CAMINO REAL
SUITE 280

(Street)
MENLO PARK CA 94025

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
Explanation of Responses:
1. These shares were distributed to the partners of Sigma Partners V, L.P. ("Sigma Partners V") without the receipt of consideration.
2. These shares are held by Sigma Partners V. Sigma Management V, L.L.C. (the "General Partner") is the general partner of Sigma Partners V. The General Partner disclaims beneficial ownership of such shares, except to the extent of the General Partner's pecuniary interest therein.
3. These shares were distributed to the partners of Sigma Associates V, L.P. ("Sigma Associates V") without the receipt of consideration.
4. These shares are held by Sigma Associates V. Sigma Management V, L.L.C. (the "General Partner") is the general partner of Sigma Associates V. The General Partner disclaims beneficial ownership of such shares, except to the extent of the General Partner's pecuniary interest therein.
5. These shares were distributed to the partners of Sigma Investors V, L.P. ("Sigma Investors V") without the receipt of consideration.
6. These shares are held by Sigma Investors V. Sigma Management V, L.L.C. (the "General Partner") is the general partner of Sigma Investors V. The General Partner disclaims beneficial ownership of such shares, except to the extent of the General Partner's pecuniary interest therein.
7. Robert E. Davoli, Lawrence G. Finch, Clifford L. Haas, John R. Mandile and Wade Woodson are the managing members of the General Partner (the "Managing Members"). Each Managing Member disclaims beneficial ownership of all securities held by Sigma Partners V, Sigma Associates V and Sigma Investors V, except to the extent of each Managing Member's pecuniary interest therein. Mr. Davoli is a director of the Issuer and, accordingly, files separate Section 16 reports.
8. N/A
SIGMA PARTNERS V, L.P. By: Sigma Management V, LLC Its: General Partner By: Wade Woodson, Managing Director 08/08/2011
SIGMA ASSOCIATES V, L.P. By: Sigma Management V, LLC Its: General Partner By: Wade Woodson, Managing Director 08/08/2011
SIGMA INVESTORS V, L.P. By: Sigma Management V, LLC Its: General Partner By: Wade Woodson, Managing Director 08/08/2011
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (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).
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