Sanjay Mirchandani - Feb 20, 2024 Form 4 Insider Report for COMMVAULT SYSTEMS INC (CVLT)

Signature
/s/ Danielle Abrahamsen, Attorney-in-Fact
Stock symbol
CVLT
Transactions as of
Feb 20, 2024
Transactions value $
-$592,769
Form type
4
Date filed
2/22/2024, 04:04 PM
Previous filing
Jan 4, 2024
Next filing
Mar 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVLT Common Stock Sale -$248K -2.69K -0.63% $92.22 425K Feb 20, 2024 Direct F1, F2, F3
transaction CVLT Common Stock Sale -$345K -3.79K -0.89% $91.07 421K Feb 21, 2024 Direct F1, 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 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $92.20 and $92.23, 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.
F3 Includes shares purchased under the Commvault Employee Stock Purchase Plan on February 14, 2024.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $91.07 and $91.43, 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.