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COMMVAULT SYSTEMS INC Director's Dealing 2010

Feb 12, 2010

30698_dirs_2010-02-12_e2e80a1b-7db6-4d88-bf29-b949739a16e9.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: 2010-02-11

Reporting Person: BUNTE AL (Director, Executive Vice President & COO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-02-11 Common Stock M 30000 $5.00 Acquired 356925 Direct
2010-02-11 Common Stock S 30000 $22.30 Disposed 326925 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-02-11 Options to Purchase Common Stock $5.00 M 30000 Disposed 2010-03-23 Common Stock (30000) Direct

Footnotes

F1: Represents average sale price.

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.