Gary Merrill - Mar 4, 2024 Form 4 Insider Report for COMMVAULT SYSTEMS INC (CVLT)

Role: Chief Financial Officer
Signature: /s/ Danielle Abrahamsen, Attorney-in-Fact
Stock symbol: CVLT
Transactions as of: Mar 4, 2024
Transactions value $: -$79,940
Form type: 4
Date filed: 3/6/2024, 04:01 PM
Previous filing: Feb 22, 2024
Next filing: Apr 3, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CVLT	Common Stock	Sale	-$79.9K	-822	-0.93%	$97.25	87.9K	Mar 4, 2024	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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).