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COMMVAULT SYSTEMS INC — Director's Dealing 2013
Oct 3, 2013
30698_dirs_2013-10-03_edb1d6ed-e65e-48c5-af00-75eccb5bc2ac.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: 2013-10-01
Reporting Person: West David R (SVP, Mkt & Bus. Development)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-10-01 | Common Stock | M | 5895 | $16.53 | Acquired | 39617 | Direct |
| 2013-10-01 | Common Stock | S | 5895 | $90.00 | Disposed | 33722 | Direct |
| 2013-10-02 | Common Stock | F | 104 | $88.20 | Disposed | 33618 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-10-01 | Options to Purchase Common Stock | $16.53 | M | 5895 | Disposed | 2019-07-15 | Common Stock (5895) | Direct |
Footnotes
F1: This transaction has taken place pursuant to a pre-arranged trading plan in compliance with Rule 10b5-1 of the Securities and Exchange Act of 1934.
F2: This sale of common stock was made to satisfy certain tax withholding obligations resulting from the vesting of restricted stock units.
F3: Represents average sale price.
F4: The options to purchase common stock are subject to a 4-year vesting schedule, as follows: 25% on the first anniversary of the grant with the remaining options vesting in equal quarterly installments thereafter.