Jennifer Leigh DiRico - 15 May 2025 Form 4 Insider Report for COMMVAULT SYSTEMS INC (CVLT)

Role
Chief Financial Officer
Signature
/s/ Danielle Abrahamsen, Attorney-in-Fact
Issuer symbol
CVLT
Transactions as of
15 May 2025
Net transactions value
$0
Form type
4
Filing time
19 May 2025, 20:36:49 UTC
Previous filing
04 Apr 2025
Next filing
20 Aug 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
DiRico Jennifer Leigh Chief Financial Officer 1 COMMVAULT WAY, TINTON FALLS /s/ Danielle Abrahamsen, Attorney-in-Fact 19 May 2025 0002035847

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVLT Common Stock Award $0 +10,992 +28% $0.000000 50,571 15 May 2025 Direct F1
transaction CVLT Common Stock Award $0 +8,244 +16% $0.000000 58,815 15 May 2025 Direct F2
transaction CVLT Common Stock Award $0 +8,244 +14% $0.000000 67,059 15 May 2025 Direct F3
transaction CVLT Common Stock Award $0 +4,144 +6.2% $0.000000 71,203 16 May 2025 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The common stock is being granted as restricted stock units and is subject to a 3-year vesting schedule, as follows: 1/3 on the first anniversary of the grant with the remaining portion vesting in equal quarterly installments thereafter.
F2 The common stock is being granted as performance share units (PSUs), 1/3 of which will vest, on each of the first, second and third anniversaries of the grant date of the award, if on such dates the Company's total shareholder return satisfies specified benchmarks relative to Russell 3000 index.
F3 The common stock is being granted as performance share units (PSUs) which will vest over a three year period based on the Company's achievement of certain financial performance metrics.
F4 Represents additional shares issued in connection with the Company's total shareholder return for fiscal year 2025 satisfying specified benchmarks relative to the Russell 3000 index pursuant to the terms of an award granted on August 15, 2024.