Brian Carolan - Jun 9, 2021 Form 4 Insider Report for COMMVAULT SYSTEMS INC (CVLT)

Role
VP Finance and CFO
Signature
Warren H. Mondschein, Attorney-in-Fact
Stock symbol
CVLT
Transactions as of
Jun 9, 2021
Transactions value $
-$704,239
Form type
4
Date filed
6/11/2021, 04:50 PM
Previous filing
Jun 8, 2021
Next filing
Jun 29, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVLT Common Stock Options Exercise $499K +8.81K +8.01% $56.57 119K Jun 9, 2021 Direct F1
transaction CVLT Common Stock Sale -$704K -8.81K -7.41% $79.90 110K Jun 9, 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CVLT Options to Purchase Common Stock Options Exercise -$499K -8.81K -100% $56.57 0 Jun 9, 2021 Common Stock 8.81K $56.57 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 All transactions shown on this form have taken place pursuant to a pre-arranged trading plan in compliance with Rule 10b5-1 of the Securities and Exchange Act of 1934.
F2 The options vested over 4 years from the date of grant, as follows: 25% on the first anniversary of the grant, quarterly thereafter for the remaining three years.