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COMMVAULT SYSTEMS INC Director's Dealing 2011

Jun 2, 2011

30698_dirs_2011-06-02_9ddf54e5-b715-43d5-8b30-8a6ba1683af4.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: 2011-05-31

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

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-05-31 Common Stock M 25000 $5.00 Acquired 55795 Direct
2011-05-31 Common Stock S 25000 $41.08 Disposed 30795 Direct
2011-05-31 Common Stock M 2500 $4.00 Acquired 33295 Direct
2011-05-31 Common Stock S 2500 $41.08 Disposed 30795 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-05-31 Options to Purchase Common Stock $4.00 M 2500 Disposed 2013-01-30 Common Stock (2500) Direct
2011-05-31 Options to Purchase Common Stock $5.00 M 25000 Disposed 2013-11-07 Common Stock (25000) 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.