Gary Merrill - 17 Aug 2023 Form 4 Insider Report for COMMVAULT SYSTEMS INC (CVLT)

Role
Chief Financial Officer
Signature
/s/ Danielle Abrahamsen, Attorney-in-Fact
Issuer symbol
CVLT
Transactions as of
17 Aug 2023
Net transactions value
-$160,106
Form type
4
Filing time
21 Aug 2023, 16:06:14 UTC
Previous filing
26 May 2023
Next filing
21 Nov 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 Sale $65,921 -947 -1% $69.61 93,604 17 Aug 2023 Direct F1, F2
transaction CVLT Common Stock Sale $34,863 -503 -0.54% $69.31 93,101 18 Aug 2023 Direct F1
transaction CVLT Common Stock Sale $38,778 -562 -0.6% $69.00 92,539 18 Aug 2023 Direct F3
transaction CVLT Common Stock Sale $20,544 -298 -0.32% $68.94 92,241 21 Aug 2023 Direct 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. The price reported represents all shares sold at $69.00.
F4 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 $68.94.