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

Role
President & CEO, Director
Signature
/s/ James J. Whalen, Attorney-in-Fact
Stock symbol
CVLT
Transactions as of
Feb 21, 2023
Transactions value $
-$146,190
Form type
4
Date filed
2/22/2023, 03:03 PM
Previous filing
Nov 23, 2022
Next filing
Feb 27, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVLT Common Stock Gift $0 -1.59K -0.36% $0.00 444K Feb 17, 2023 Direct F1, F2
transaction CVLT Common Stock Tax liability -$146K -2.39K -0.54% $61.27 442K Feb 21, 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.