Vivie Lee - Aug 29, 2023 Form 4 Insider Report for COMMVAULT SYSTEMS INC (CVLT)

Role
Director
Signature
/s/ Danielle Abrahamsen, Attorney-in-Fact
Stock symbol
CVLT
Transactions as of
Aug 29, 2023
Transactions value $
-$126,976
Form type
4
Date filed
8/31/2023, 05:28 PM
Previous filing
May 30, 2023
Next filing
Nov 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVLT Common Stock Award $0 +3.14K +21.2% $0.00 17.9K Aug 29, 2023 Direct F1
transaction CVLT Common Stock Sale -$127K -1.85K -10.3% $68.71 16.1K Aug 30, 2023 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The common stock is being granted as restricted stock units, 100% of which shall vest on the later of the one-year anniversary of the date of grant, or the date of the 2024 Annual Meeting of Shareholders.
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.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $68.38 and $68.94, 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.