Vivie Lee - May 16, 2024 Form 4 Insider Report for COMMVAULT SYSTEMS INC (CVLT)

Role
Director
Signature
/s/ Danielle Abrahamsen, Attorney-in-Fact
Stock symbol
CVLT
Transactions as of
May 16, 2024
Transactions value $
-$280,475
Form type
4
Date filed
5/17/2024, 08:02 PM
Previous filing
Nov 2, 2023
Next filing
May 28, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVLT Common Stock Sale -$280K -2.5K -15.54% $112.19 13.6K May 16, 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).