David F. Walker - 17 May 2023 Form 4 Insider Report for COMMVAULT SYSTEMS INC (CVLT)

Role
Director
Signature
/s/ James J. Whalen, Attorney-in-Fact
Issuer symbol
CVLT
Transactions as of
17 May 2023
Net transactions value
-$86,500
Form type
4
Filing time
19 May 2023, 16:18:20 UTC
Previous filing
30 Nov 2022
Next filing
22 Jun 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVLT Common Stock Options Exercise $233,500 +5,000 +9.1% $46.70 59,767 17 May 2023 Direct
transaction CVLT Common Stock Sale $320,000 -5,000 -8.4% $64.00 54,767 17 May 2023 Direct

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 -5,000 -100% $0.000000* 0 17 May 2023 Common Stock 5,000 $46.70 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.