Sanjay Mirchandani - Aug 17, 2023 Form 4 Insider Report for COMMVAULT SYSTEMS INC (CVLT)

Signature
/s/ Danielle Abrahamsen, Attorney-in-Fact
Stock symbol
CVLT
Transactions as of
Aug 17, 2023
Transactions value $
-$1,024,691
Form type
4
Date filed
8/21/2023, 04:05 PM
Previous filing
Jul 27, 2023
Next filing
Aug 23, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVLT Common Stock Sale -$295K -4.24K -0.89% $69.61 475K Aug 17, 2023 Direct F1, F2
transaction CVLT Common Stock Sale -$258K -3.73K -0.78% $69.31 471K Aug 18, 2023 Direct F1
transaction CVLT Common Stock Sale -$471K -6.79K -1.44% $69.40 465K Aug 18, 2023 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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 Includes shares purchased under the Commvault Employee Stock Purchase Plan on August 14, 2023.
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.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $69.00 and $69.52, 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.