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COMMVAULT SYSTEMS INC Director's Dealing 2010

Feb 22, 2010

30698_dirs_2010-02-22_856fc9b5-20b7-4bf0-9c14-f7b5035dcabe.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: 2010-02-18

Reporting Person: West David R (VP, Mkt & Bus. Development)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-02-18 Common Stock M 30000 $5.00 Acquired 57880 Direct
2010-02-18 Common Stock S 30000 $22.56 Disposed 27880 Direct
2010-02-22 Common Stock M 10300 $5.00 Acquired 38180 Direct
2010-02-22 Common Stock S 10300 $22.75 Disposed 27880 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-02-18 Options to Purchase Common Stock $5.00 M 30000 Disposed 2010-07-25 Common Stock (30000) Direct
2010-02-22 Options to Purchase Common Stock $5.00 M 10300 Disposed 2010-07-25 Common Stock (10300) 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.