Gary Merrill - Mar 2, 2022 Form 4 Insider Report for COMMVAULT SYSTEMS INC (CVLT)

Role
Chief - Business Operations
Signature
Brian M. Carolan, Attorney-in-Fact
Stock symbol
CVLT
Transactions as of
Mar 2, 2022
Transactions value $
-$416,124
Form type
4
Date filed
3/4/2022, 04:20 PM
Previous filing
Feb 18, 2022
Next filing
May 18, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVLT Common Stock Options Exercise $242K +4.27K +11.77% $56.57 40.5K Mar 2, 2022 Direct
transaction CVLT Common Stock Sale -$275K -4.27K -10.53% $64.42 36.3K Mar 2, 2022 Direct F1
transaction CVLT Common Stock Sale -$21.3K -330 -0.91% $64.55 35.9K Mar 2, 2022 Direct F2
transaction CVLT Common Stock Sale -$120K -1.86K -5.16% $64.52 34.1K Mar 2, 2022 Direct F3

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 -$242K -4.27K -100% $56.57 0 Mar 2, 2022 Common Stock 4.25K $56.57 Direct F4
* 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 $64.38 and $64.48, inclusive.
F2 Shares were acquired under the Commvault Employee Stock Purchase Plan.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $64.49 and $64.57, inclusive.
F4 Reflects cashless exercise of stock options.