Sanjay Mirchandani - Feb 19, 2025 Form 4 Insider Report for COMMVAULT SYSTEMS INC (CVLT)

Signature
/s/ Danielle Abrahamsen, Attorney-in-Fact
Stock symbol
CVLT
Transactions as of
Feb 19, 2025
Transactions value $
-$4,782,462
Form type
4
Date filed
2/21/2025, 04:58 PM
Previous filing
Jan 3, 2025
Next filing
Apr 1, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVLT Common Stock Sale -$1.36M -7.32K -1.66% $186.04 432K Feb 19, 2025 Direct F1, F2
transaction CVLT Common Stock Sale -$372K -2.02K -0.47% $184.53 430K Feb 19, 2025 Direct F3
transaction CVLT Common Stock Sale -$155K -835 -0.19% $185.62 429K Feb 19, 2025 Direct F4
transaction CVLT Common Stock Sale -$275K -1.47K -0.34% $186.50 428K Feb 19, 2025 Direct F5
transaction CVLT Common Stock Sale -$63.8K -340 -0.08% $187.71 428K Feb 19, 2025 Direct F6
transaction CVLT Common Stock Sale -$63.5K -335 -0.08% $189.44 427K Feb 19, 2025 Direct
transaction CVLT Common Stock Sale -$149K -830 -0.19% $180.00 426K Feb 20, 2025 Direct F7
transaction CVLT Common Stock Sale -$207K -1.14K -0.27% $181.45 425K Feb 20, 2025 Direct F8
transaction CVLT Common Stock Sale -$237K -1.29K -0.3% $183.33 424K Feb 20, 2025 Direct F9
transaction CVLT Common Stock Sale -$115K -626 -0.15% $184.26 423K Feb 20, 2025 Direct F10
transaction CVLT Common Stock Sale -$304K -1.63K -0.39% $185.91 422K Feb 20, 2025 Direct F11
transaction CVLT Common Stock Sale -$610K -3.39K -0.8% $180.16 418K Feb 21, 2025 Direct F12
transaction CVLT Common Stock Sale -$494K -2.73K -0.65% $180.90 416K Feb 21, 2025 Direct F13
transaction CVLT Common Stock Sale -$78.2K -430 -0.1% $181.84 415K Feb 21, 2025 Direct F14
transaction CVLT Common Stock Sale -$36.5K -200 -0.05% $182.74 415K Feb 21, 2025 Direct
transaction CVLT Common Stock Sale -$93.6K -510 -0.12% $183.59 414K Feb 21, 2025 Direct F15
transaction CVLT Common Stock Sale -$167K -902 -0.22% $185.13 414K Feb 21, 2025 Direct F16
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Represents shares automatically sold solely to satisfy tax withholding obligations of reporting person on vesting of restricted stock. Proceeds from the sale were submitted to the Internal Revenue Service.
F2 Includes shares purchased under the Commvault Employee Stock Purchase Plan on February 14, 2025.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $184.20 and $184.89, inclusive. Full information regarding the number of shares sold at each separate price will be provided by the reporting person upon request to the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $185.20 and $185.81, inclusive. Full information regarding the number of shares sold at each separate price will be provided by the reporting person upon request to the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $186.17 and $186.76, inclusive. Full information regarding the number of shares sold at each separate price will be provided by the reporting person upon request to the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $187.45 and $187.83, inclusive. Full information regarding the number of shares sold at each separate price will be provided by the reporting person upon request to the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer.
F7 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $179.77 and $180.37, inclusive. Full information regarding the number of shares sold at each separate price will be provided by the reporting person upon request to the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer.
F8 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $180.88 and $181.86, inclusive. Full information regarding the number of shares sold at each separate price will be provided by the reporting person upon request to the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer.
F9 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $182.78 and $183.74, inclusive. Full information regarding the number of shares sold at each separate price will be provided by the reporting person upon request to the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer.
F10 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $184.16 and $185.10, inclusive. Full information regarding the number of shares sold at each separate price will be provided by the reporting person upon request to the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer.
F11 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $185.16 and $186.13, inclusive. Full information regarding the number of shares sold at each separate price will be provided by the reporting person upon request to the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer.
F12 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $179.47 and $180.43, inclusive. Full information regarding the number of shares sold at each separate price will be provided by the reporting person upon request to the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer.
F13 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $180.49 and $181.41, inclusive. Full information regarding the number of shares sold at each separate price will be provided by the reporting person upon request to the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer.
F14 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $181.65 and $182.10, inclusive. Full information regarding the number of shares sold at each separate price will be provided by the reporting person upon request to the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer.
F15 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $183.09 and $184.01, inclusive. Full information regarding the number of shares sold at each separate price will be provided by the reporting person upon request to the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer.
F16 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $184.41 and $185.29, inclusive. Full information regarding the number of shares sold at each separate price will be provided by the reporting person upon request to the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer.