Keith Geeslin - 21 Oct 2022 Form 4 Insider Report for COMMVAULT SYSTEMS INC (CVLT)

Role: Director
Signature: /s/ James J. Whalen, Attorney-in-Fact
Issuer symbol: CVLT
Transactions as of: 21 Oct 2022
Transactions value $: $320,460
Form type: 4
Filing time: 25 Oct 2022, 19:15:05 UTC
Previous filing: 24 Aug 2022
Next filing: 03 Nov 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CVLT	Common Stock	Options Exercise	$320,460	+6,000	+12.9%	$53.41	52,644	21 Oct 2022	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	CVLT	Options to Purchase Common Stock	Options Exercise	$0	-6,000	-100%	$0.000000^*	0	21 Oct 2022	Common Stock	6,000	$53.41	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Reflects options exercised prior to their expiration.
F2	The options vested over 4 years from the date of grant, as follows: 25% on the first anniversary of the grant, quarterly thereafter for the remaining three years.