BRIAN CAROLAN - 24 May 2021 Form 4 Insider Report for COMMVAULT SYSTEMS INC (CVLT)

Role
VP Finance and CFO
Signature
Warren H. Mondschein, Attorney in Fact
Issuer symbol
CVLT
Transactions as of
24 May 2021
Transactions value $
-$3,209,055
Form type
4
Filing time
26 May 2021, 16:26:18 UTC
Previous filing
19 May 2021
Next filing
08 Jun 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVLT Common Stock Sale -$651,576 -8,817 -6.09% $73.9 136,057 24 May 2021 Direct F1
transaction CVLT Common Stock Options Exercise $498,777 +8,817 +6.48% $56.57 144,874 24 May 2021 Direct F1
transaction CVLT Common Stock Options Exercise $498,607 +8,814 +6.08% $56.57 153,688 25 May 2021 Direct F1
transaction CVLT Common Stock Sale -$668,982 -8,814 -5.73% $75.9 144,874 25 May 2021 Direct F1
transaction CVLT Common Stock Sale -$1,872,060 -24,600 -16.98% $76.1 120,274 25 May 2021 Direct F2
transaction CVLT Common Stock Sale -$16,436 -216 -0.18% $76.13 120,058 25 May 2021 Direct

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 -$498,777 -8,817 -25.01% $56.57 26,439 24 May 2021 Common Stock 8,817 $56.57 Direct F3
transaction CVLT Options to Purchase Common Stock Options Exercise -$498,607 -8,814 -33.34% $56.57 17,625 25 May 2021 Common Stock 8,814 $56.57 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 All transactions shown on this form have taken place pursuant to a pre-arranged trading plan in compliance with Rule 10b5-1 of the Securities and Exchange Act of 1934.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $75.51 and 76.28, inclusive.
F3 The options to purchase common stock are subject to a 4-year vesting schedule, as follows: 25% on the first anniversary of the grant with the remaining options vesting in equal quarterly installments thereafter.