COMMVAULT SYSTEMS INC — Director's Dealing 2015

Aug 18, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COMMVAULT SYSTEMS INC (CVLT)
CIK: 0001169561
Period of Report: 2015-08-14

Reporting Person: BUNTE AL (Director, Executive Vice President & COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-08-14	Common Stock	A	264.0025	$31.88	Acquired	383067.3107	Direct
2015-08-17	Common Stock	M	136500	$4.70	Acquired	519567.3107	Direct
2015-08-17	Common Stock	S	76000	$37.89	Disposed	443567.3107	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-08-17	Options to Purchase Common Stock	$4.70	M	136500	Disposed	2015-09-19	Common Stock (136500)	Direct

Footnotes

F1: Shares were acquired under the CommVault Employee Stock Purchase Plan on August 14, 2015.

F2: Represents average sale price.

F3: 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.