Gary B Smith - 05 Aug 2021 Form 4 Insider Report for COMMVAULT SYSTEMS INC (CVLT)

Role
Director
Signature
Warren H. Mondschein, Attorney-in-Fact
Issuer symbol
CVLT
Transactions as of
05 Aug 2021
Net transactions value
-$1,410,810
Form type
4
Filing time
09 Aug 2021, 17:12:46 UTC
Previous filing
05 Aug 2021
Next filing
19 Aug 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVLT Common Stock Options Exercise $311,625 +7,500 +15% $41.55 56,707 05 Aug 2021 Direct
transaction CVLT Common Stock Options Exercise $320,460 +6,000 +11% $53.41 62,707 05 Aug 2021 Direct
transaction CVLT Common Stock Options Exercise $233,500 +5,000 +8% $46.70 67,707 05 Aug 2021 Direct
transaction CVLT Common Stock Sale $1,410,810 -18,500 -27% $76.26 49,207 05 Aug 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 $311,625 -7,500 -100% $41.55 0 05 Aug 2021 Common Stock 7,500 $41.55 Direct F2
transaction CVLT Options to Purchase Common Stock Options Exercise $320,460 -6,000 -100% $53.41 0 05 Aug 2021 Common Stock 6,000 $53.41 Direct F2
transaction CVLT Options to Purchase Common Stock Options Exercise $233,500 -5,000 -100% $46.70 0 05 Aug 2021 Common Stock 5,000 $46.70 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $76.13 and $76.45, inclusive.
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.