| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | CVLT | Common Stock | Tax liability | -$239K | -3.76K | -3.58% | $63.49 | 101K | May 17, 2023 | Direct | F1 |
| transaction | CVLT | Common Stock | Sale | -$144K | -2.24K | -2.21% | $64.28 | 98.9K | May 18, 2023 | Direct | F2 |
| transaction | CVLT | Common Stock | Tax liability | -$107K | -1.65K | -1.67% | $64.73 | 97.3K | May 18, 2023 | Direct | F1 |
| transaction | CVLT | Common Stock | Sale | -$64.8K | -982 | -1.01% | $66.00 | 96.3K | May 19, 2023 | Direct | F3 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | 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. |
| F2 | 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. The price reported represents all shares sold at $64.28. |
| F3 | 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. The price reported represents all shares sold at $66.00 |