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COMMVAULT SYSTEMS INC Director's Dealing 2010

Dec 10, 2010

30698_dirs_2010-12-10_122baa8e-4d2a-4bd7-aa83-4359cb317208.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COMMVAULT SYSTEMS INC (CVLT)
CIK: 0001169561
Period of Report: 2010-11-10

Reporting Person: KURIMSKY ROBERT F (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-12-08 Common Stock M 13000 $8.00 Acquired 17667 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-12-08 Options to Purchase Common Stock $8.00 M 13000 Disposed 2011-02-01 Common Stock (13000) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 65000 Indirect

Footnotes

F1: These shares were previously reported as directly beneficially owned but were contributed to a grantor retained annuity trust on 11/10/10.

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.

F3: Not applicable.