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COMMVAULT SYSTEMS INC Director's Dealing 2015

Oct 15, 2015

30698_dirs_2015-10-15_ee8a80de-f7c2-4bdb-a37e-6a8a56af6844.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: HAMMER N ROBERT (Director, Chairman, President & CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2015-10-13 Common Stock F 986 $35.68 Disposed 2549437 Direct
2015-10-15 Common Stock A 41700 Acquired 2591137 Direct
2015-10-15 Common Stock A 20800 Acquired 2611937 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.