Sanjay Mirchandani - 21 Feb 2023 Form 4 Insider Report for COMMVAULT SYSTEMS INC (CVLT)

Signature
/s/ James J. Whalen, Attorney-in-Fact
Issuer symbol
CVLT
Transactions as of
21 Feb 2023
Net transactions value
-$146,190
Form type
4
Filing time
22 Feb 2023, 15:03:42 UTC
Previous filing
23 Nov 2022
Next filing
27 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVLT Common Stock Gift $0 -1,590 -0.36% $0.000000 444,383 17 Feb 2023 Direct F1, F2
transaction CVLT Common Stock Tax liability $146,190 -2,386 -0.54% $61.27 441,997 21 Feb 2023 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 represents a gift / charitable donation effective February 17, 2023. This is not a market transaction, thus no price has been reported.
F2 Includes shares purchased under the Commvault Employee Stock Purchase Plan on February 14, 2023.
F3 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.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $61.07 and $61.27, 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.