BRIAN CAROLAN - 16 Feb 2022 Form 4 Insider Report for COMMVAULT SYSTEMS INC (CVLT)

Signature
Brian M. Carolan, Attorney-in-Fact
Issuer symbol
CVLT
Transactions as of
16 Feb 2022
Transactions value $
-$73,273
Form type
4
Filing time
18 Feb 2022, 15:33:28 UTC
Previous filing
16 Feb 2022
Next filing
20 May 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVLT Common Stock Sale -$14,600 -221 -0.21% $66.14 106,148 16 Feb 2022 Direct F1, F2
transaction CVLT Common Stock Tax liability -$58,672 -906 -0.85% $64.76 105,242 16 Feb 2022 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction has taken place pursuant to a pre-arranged trading plan in compliance with Rule 10b5-1 of the Securities and Exchange Act of 1934.
F2 Shares were acquired under the Commvault Employee Stock Purchase Plan on Feb. 14, 2022.
F3 This sale of common stock was made to satisfy certain tax withholding obligations resulting from the vesting of restricted stock units.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $64.75 and $64.88, inclusive.