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

Signature
/s/ Danielle Abrahamsen, Attorney-in-Fact
Stock symbol
CVLT
Transactions as of
Nov 18, 2024
Transactions value $
-$4,885,673
Form type
4
Date filed
11/20/2024, 05:14 PM
Previous filing
Oct 2, 2024
Next filing
Nov 27, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVLT Common Stock Sale -$658K -3.99K -0.85% $164.87 467K Nov 18, 2024 Direct F1
transaction CVLT Common Stock Sale -$6.17K -37 -0.01% $166.65 467K Nov 18, 2024 Direct F1, F2
transaction CVLT Common Stock Sale -$170K -1.04K -0.22% $164.08 466K Nov 18, 2024 Direct F3
transaction CVLT Common Stock Sale -$438K -2.66K -0.57% $164.95 463K Nov 18, 2024 Direct F4
transaction CVLT Common Stock Sale -$335K -2.02K -0.44% $166.15 461K Nov 18, 2024 Direct F5
transaction CVLT Common Stock Sale -$83.1K -498 -0.11% $166.88 461K Nov 18, 2024 Direct F6
transaction CVLT Common Stock Sale -$91K -542 -0.12% $167.90 460K Nov 18, 2024 Direct F7
transaction CVLT Common Stock Sale -$124K -763 -0.17% $162.13 459K Nov 19, 2024 Direct F8
transaction CVLT Common Stock Sale -$559K -3.42K -0.74% $163.50 456K Nov 19, 2024 Direct F9
transaction CVLT Common Stock Sale -$559K -3.39K -0.74% $164.64 452K Nov 19, 2024 Direct F10
transaction CVLT Common Stock Sale -$132K -800 -0.18% $165.33 452K Nov 19, 2024 Direct F11
transaction CVLT Common Stock Sale -$375K -2.25K -0.5% $166.73 449K Nov 19, 2024 Direct F12
transaction CVLT Common Stock Sale -$707K -4.31K -0.96% $164.28 445K Nov 19, 2024 Direct F1
transaction CVLT Common Stock Sale -$200K -1.19K -0.27% $167.58 444K Nov 20, 2024 Direct F13
transaction CVLT Common Stock Sale -$448K -2.66K -0.6% $168.34 441K Nov 20, 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.