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COMMVAULT SYSTEMS INC Director's Dealing 2015

Oct 15, 2015

30698_dirs_2015-10-15_b3272d29-6d89-410c-9150-2dcc5da6bf7d.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: 2015-10-13

Reporting Person: Miiller Ronald L (SVP, Worldwide Sales)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2015-10-13 Common Stock F 406 $35.68 Disposed 83348.968 Direct
2015-10-15 Common Stock A 8500 Acquired 115348.968 Direct
2015-10-15 Common Stock A 8500 Acquired 106848.968 Direct
2015-10-15 Common Stock A 15000 Acquired 98348.968 Direct

Footnotes

F1: This sale of common stock was made to satisfy certain tax withholding obligations resulting from the vesting of restricted stock units.

F2: Represents average sale price.

F3: The common stock is being granted as restricted stock units and is subject to a 3-year vesting schedule, as follows: 1/3 on each anniversary of the grant based on the achievement of certain annual pre-determined performance metrics.

F4: Not applicable.

F5: The common stock is being granted as restricted stock units and is subject to a 3-year vesting schedule, as follows: 1/3 on the first anniversary of the grant with the remaining portion vesting in equal quarterly installments thereafter.

F6: The common stock is being granted as restricted stock units and is subject to a 2-year vesting schedule, as follows: 50% on the first anniversary of the grant and 50% vesting on the second anniversary.