David F. Walker - Oct 24, 2022 Form 4 Insider Report for COMMVAULT SYSTEMS INC (CVLT)

Role
Director
Signature
/s/ James J. Whalen, Attorney-in-Fact
Stock symbol
CVLT
Transactions as of
Oct 24, 2022
Transactions value $
$320,460
Form type
4
Date filed
10/25/2022, 07:14 PM
Previous filing
Aug 24, 2022
Next filing
Nov 8, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVLT Common Stock Options Exercise $320K +6K +10.03% $53.41 65.8K Oct 24, 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 -6K -100% $0.00* 0 Oct 24, 2022 Common Stock 6K $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.