Edgar Filing: BURNES RICHARD M JR

Ownership Submission

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL 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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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

Â Baldwin Christopher

2. Date of Event Requiring Statement (Month/Day/Year)
08/02/2007

3. Issuer Name and Ticker or Trading Symbol
VIRTUSA CORP [VRTU]

(Last)

(First)

(Middle)

C/O CHARLES RIVER XI GP, LLC,Â 1000 WINTER STREET, SUITE 3300

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

_____ Director	__X__ 10% Owner
_____ Officer (give title below)	_____ Other (specify below)

5. If Amendment, Date Original Filed(Month/Day/Year)
08/02/2007

(Street)

WALTHAM,Â MAÂ 02451

6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person

(City)

(State)

(Zip)

Table I - Non-Derivative Securities Beneficially Owned

1.Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	130,615 ⁽¹⁾ ⁽²⁾ ⁽³⁾	D	Â

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.			SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

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)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security		6. Nature of Indirect Beneficial Ownership (Instr. 5)
Series A Redeemable Convertible Preferred Stock	Â ⁽⁷⁾	Â ⁽⁴⁾	Common Stock ⁽⁵⁾	38,676	$ ⁽⁷⁾	D ⁽²⁾ ⁽³⁾ ⁽⁶⁾	Â
Series B Redeemable Convertible Preferred Stock	Â ⁽⁹⁾	Â ⁽⁴⁾	Common Stock ⁽⁵⁾	1,112,037	$ ⁽⁹⁾	D ⁽²⁾ ⁽³⁾ ⁽⁸⁾	Â
Series C Redeemable Convertible Preferred Stock	Â ⁽¹¹⁾	Â ⁽⁴⁾	Common Stock ⁽⁵⁾	1,143,106	$ ⁽¹¹⁾	D ⁽²⁾ ⁽³⁾ ⁽¹⁰⁾	Â
Series D Redeemable Convertible Preferred Stock	Â ⁽¹³⁾	Â ⁽⁴⁾	Common Stock ⁽⁵⁾	553,177	$ ⁽¹³⁾	D ⁽²⁾ ⁽³⁾ ⁽¹²⁾	Â

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Baldwin Christopher C/O CHARLES RIVER XI GP, LLC 1000 WINTER STREET, SUITE 3300 WALTHAM,Â MAÂ 02451	Â	Â X	Â	Â
BURNES RICHARD M JR C/O CHARLES RIVER XI GP, LLC 1000 WINTER STREET, SUITE 3300 WALTHAM,Â MAÂ 02451	Â	Â X	Â	Â
Dintersmith Ted R C/O CHARLES RIVER XI GP, LLC 1000 WINTER STREET, SUITE 3300 WALTHAM,Â MAÂ 02451	Â	Â X	Â	Â
TAI WILLIAM C/O CHARLES RIVER XI GP, LLC 1000 WINTER STREET, SUITE 3300 WALTHAM,Â MAÂ 02451	Â	Â X	Â	Â
Zak Michael J C/O CHARLES RIVER XI GP, LLC 1000 WINTER STREET, SUITE 3300 WALTHAM,Â MAÂ 02451	Â	Â X	Â	Â
SACHS BRUCE I C/O CHARLES RIVER XI GP, LLC 1000 WINTER STREET, SUITE 3300 WALTHAM,Â MAÂ 02451	Â	Â X	Â	Â

Signatures

/s/ Sarah Reed, Attorney-in-Fact for Christopher Baldwin		02/13/2008
^**Signature of Reporting Person		Date
/s/ Sarah Reed, Attorney-in-Fact for Richard M. Burnes, Jr.		02/13/2008
^**Signature of Reporting Person		Date
/s/ Sarah Reed, Attorney-in-Fact for Ted. R. Dintersmith		02/13/2008
^**Signature of Reporting Person		Date
/s/ Sarah Reed, Attorney-in-Fact for Bruce I. Sachs		02/13/2008
^**Signature of Reporting Person		Date
/s/ Sarah Reed, Attorney-in-Fact for William P. Tai		02/13/2008
^**Signature of Reporting Person		Date
/s/ Sarah Reed, Attorney-in-Fact for Michael J. Zak		02/13/2008
^**Signature of Reporting Person		Date

Explanation of Responses:

*	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)	Includes 126,741 shares held by Charles River Partnership XI, LP ("CRP XI"), 3,201 shares held by Charles River Friends XI-A, LP ("CRF XI-A") and 673 shares held by Charles River Friends XI-B, LP ("CRF XI-B").
(2)	Charles River XI GP, LLC ("CR XI GP LLC") is the General Partner of Charles River XI GP, LP ("CR XI GP LP"). CR XI GP LLC is also the General Partner of CRF XI-A and CRF XI-B. CR XI GP LP is the General Partner of CRP XI. CRP XI, CRF XI-A and CRF XI-B (collectively, the "Partnerships") form a "group" for purposes of Section 13(d) of the Securities Exchange Act of 1934. Each of Izhar Armony, Christopher Baldwin, Richard M. Burnes, Jr., Ted R. Dintersmith, Bruce I. Sachs, William P. Tai, and Michael J. Zak is a managing member of CR XI GP, LLC. Accordingly, each of CR XI GP LP, CR XI GP LLC and Messrs. Armony, Baldwin, Burnes, Dintersmith, Sachs, Tai, and Zak (collectively, the "Management Persons") may be deemed to beneficially own the securities owned by the Partnerships.
(3)	Each of the Management Persons disclaims beneficial ownership of the securities reported herein held by the Partnerships, except to the extent of such person's pecuniary interest in each applicable Partnership, if any. The filing of this statement by any reporting person shall not be deemed an admission that such person is, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the beneficial owner of any equity securities covered by this statement.
(4)	These shares do not have an expiration date.
(5)	The number of underlying shares of Common Stock reported in Column 3 reflects a 1-for-3.13 stock split of the Issuer's Common Stock on 07/18/2007.
(6)	Includes 37,529 shares held by Charles River Partnership XI, LP, 948 shares held by Charles River Friends XI-A, LP and 199 shares held by Charles River Friends XI-B, LP.
(7)	Upon the Closing of the Issuer's initial public offering, each Share of Series A Redeemable Convertible Preferred Stock will automatically convert into 0.448 shares of Common Stock.
(8)	Includes 1,079,051 shares held by Charles River Partnership XI, LP, 27,254 shares held by Charles River Friends XI-A, LP and 5,732 shares held by Charles River Friends XI-B, LP.
(9)	Upon the Closing of the Issuer's initial public offering, each Share of Series B Redeemable Convertible Preferred Stock will automatically convert into 0.363 shares of Common Stock.
(10)	Includes 1,109,198 shares held by Charles River Partnership XI, LP, 28,016 shares held by Charles River Friends XI-A, LP and 5,892 shares held by Charles River Friends XI-B, LP.
(11)	Upon the Closing of the Issuer's initial public offering, each Share of Series C Redeemable Convertible Preferred Stock will automatically convert into 0.319 shares of Common Stock.
(12)	Includes 536,768 shares held by Charles River Partnership XI, LP, 13,558 shares held by Charles River Friends XI-A, LP and 2,851 shares held by Charles River Friends XI-B, LP.
(13)	Upon the Closing of the Issuer's initial public offering, each Share of Series D Redeemable Convertible Preferred Stock will automatically convert into 0.319 shares of Common Stock.
Â Remarks: EachÂ ofÂ theÂ fiveÂ CharlesÂ RiverÂ entitiesÂ isÂ alsoÂ aÂ reportingÂ person.Â Â BecauseÂ theÂ SEC'sÂ filingÂ systemÂ willÂ notÂ acceptÂ CIKÂ andÂ CCCÂ codesÂ fromÂ moreÂ thanÂ tenÂ jointÂ filersÂ ofÂ aÂ report,Â theÂ CharlesÂ RiverÂ entitiesÂ haveÂ filedÂ separatelyÂ fromÂ thisÂ FormÂ 3,Â asÂ amended.Â Â SuchÂ otherÂ FormÂ 3,Â asÂ amended,Â andÂ thisÂ amendedÂ FormÂ 3Â (collectively,Â theÂ "AmendedÂ FormÂ 3")Â relateÂ toÂ theÂ sameÂ securitiesÂ andÂ transactions.Â Â Thus,Â inÂ total,Â thereÂ areÂ elevenÂ (11)Â jointÂ filers:Â Â CharlesÂ RiverÂ PartnershipÂ XI,Â LP,Â CharlesÂ RiverÂ FriendsÂ XI-A,Â LP,Â CharlesÂ RiverÂ FriendsÂ XI-B,Â LP,Â CharlesÂ RiverÂ XIÂ GP,Â LP,Â CharlesÂ RiverÂ XIÂ GP,Â LLC,Â ChristopherÂ Baldwin,Â RichardÂ M.Â Burns,Â Jr.,Â TedÂ R.Â Dintersmith,Â BruceÂ I.Â Sachs,Â WilliamÂ P.Â Tai,Â andÂ MichaelÂ J.Â Zak.Â Â IzharÂ ArmonyÂ filesÂ separatelyÂ withÂ respectÂ toÂ VirtusaÂ Corporation. TheÂ AmendedÂ FormÂ 3Â amendsÂ theÂ FormÂ 3Â filedÂ AugustÂ 2,Â 2007,Â asÂ previouslyÂ amendedÂ onÂ AugustÂ 10,Â 2007Â Â (theÂ "InitialÂ FormÂ 3"),Â whichÂ didÂ notÂ includeÂ theÂ individualÂ ManagementÂ PersonsÂ asÂ reportingÂ persons.Â Â AÂ FormÂ 4Â wasÂ filedÂ onÂ AugustÂ 10,Â 2007Â relatingÂ toÂ theÂ securitiesÂ reportedÂ onÂ theÂ InitialÂ FormÂ 3,Â whichÂ alsoÂ didÂ notÂ includeÂ theÂ individualÂ ManagementÂ PersonsÂ asÂ reportingÂ persons. ExhibitÂ List ExhibitÂ 24:Â PowerÂ ofÂ AttorneyÂ forÂ BruceÂ I.Â Sachs

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