COMMVAULT SYSTEMS INC — Director's Dealing 2015

Oct 15, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COMMVAULT SYSTEMS INC (CVLT)
CIK: 0001169561
Period of Report: 2015-10-13

Reporting Person: CAROLAN BRIAN (VP Finance and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-10-13	Common Stock	F	365	$35.68	Disposed	48436	Direct
2015-10-15	Common Stock	A	9700	—	Acquired	58136	Direct
2015-10-15	Common Stock	A	9700	—	Acquired	67836	Direct
2015-10-15	Common Stock	A	15000	—	Acquired	82836	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 are subject to a 3-year vesting schedule, as follows: 1/3 on the 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 are subject to a 2-year vesting schedule, as follows: 50% on the first anniversary of the grant and 50% vesting on the second anniversary.