Gary Merrill - Mar 6, 2023 Form 4 Insider Report for COMMVAULT SYSTEMS INC (CVLT)

Role
Chief Financial Officer
Signature
/s/ James J. Whalen, Attorney-in-Fact
Stock symbol
CVLT
Transactions as of
Mar 6, 2023
Transactions value $
-$264,649
Form type
4
Date filed
3/8/2023, 05:08 PM
Previous filing
Feb 27, 2023
Next filing
May 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVLT Common Stock Sale -$156K -2.66K -4.59% $58.70 55.4K Mar 6, 2023 Direct F1, F2
transaction CVLT Common Stock Sale -$108K -1.83K -3.3% $59.23 53.6K Mar 6, 2023 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sale reported in this Form 4 was effected pursuant to an existing Rule 10b5-1 trading plan adopted by the reporting person on February 3, 2023.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $58.43 and $58.99, 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.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $59.02 and $59.60, 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.