Sanjay Mirchandani - 18 Nov 2024 Form 4 Insider Report for COMMVAULT SYSTEMS INC (CVLT)

Signature
/s/ Danielle Abrahamsen, Attorney-in-Fact
Issuer symbol
CVLT
Transactions as of
18 Nov 2024
Net transactions value
-$4,885,673
Form type
4
Filing time
20 Nov 2024, 17:14:59 UTC
Previous filing
02 Oct 2024
Next filing
27 Nov 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVLT Common Stock Sale $657,502 -3,988 -0.85% $164.87 466,756 18 Nov 2024 Direct F1
transaction CVLT Common Stock Sale $6,166 -37 -0.01% $166.65 466,719 18 Nov 2024 Direct F1, F2
transaction CVLT Common Stock Sale $170,151 -1,037 -0.22% $164.08 465,682 18 Nov 2024 Direct F3
transaction CVLT Common Stock Sale $437,942 -2,655 -0.57% $164.95 463,027 18 Nov 2024 Direct F4
transaction CVLT Common Stock Sale $335,291 -2,018 -0.44% $166.15 461,009 18 Nov 2024 Direct F5
transaction CVLT Common Stock Sale $83,106 -498 -0.11% $166.88 460,511 18 Nov 2024 Direct F6
transaction CVLT Common Stock Sale $91,002 -542 -0.12% $167.90 459,969 18 Nov 2024 Direct F7
transaction CVLT Common Stock Sale $123,705 -763 -0.17% $162.13 459,206 19 Nov 2024 Direct F8
transaction CVLT Common Stock Sale $559,006 -3,419 -0.74% $163.50 455,787 19 Nov 2024 Direct F9
transaction CVLT Common Stock Sale $558,788 -3,394 -0.74% $164.64 452,393 19 Nov 2024 Direct F10
transaction CVLT Common Stock Sale $132,264 -800 -0.18% $165.33 451,593 19 Nov 2024 Direct F11
transaction CVLT Common Stock Sale $374,976 -2,249 -0.5% $166.73 449,344 19 Nov 2024 Direct F12
transaction CVLT Common Stock Sale $707,225 -4,305 -0.96% $164.28 445,039 19 Nov 2024 Direct F1
transaction CVLT Common Stock Sale $200,091 -1,194 -0.27% $167.58 443,845 20 Nov 2024 Direct F13
transaction CVLT Common Stock Sale $448,458 -2,664 -0.6% $168.34 441,181 20 Nov 2024 Direct F14
* 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).

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 $166.63 and $166.68, 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 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $163.44 and $164.40, 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.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $164.51 and $165.40, 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.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $165.63 and $166.50, 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.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $166.68 and $167.17, 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.
F7 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $167.70 and $168.52, 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.
F8 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $161.54 and $162.50, 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.
F9 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $163.00 and $163.90, 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.
F10 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $164.03 and $164.94, 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.
F11 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $165.06 and $165.74, 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.
F12 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $166.41 and $167.20, 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.
F13 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $167.20 and $167.92, 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.
F14 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $168.00 and $168.99, 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.