COMMVAULT SYSTEMS INC — Director's Dealing 2016

Jan 27, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COMMVAULT SYSTEMS INC (CVLT)
CIK: 0001169561
Period of Report: 2016-01-25

Reporting Person: FANZILLI FRANK J (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-01-25	Common Stock	M	7500	$12.60	Acquired	83517	Direct
2016-01-26	Common Stock	M	7500	$17.60	Acquired	91017	Direct
2016-01-26	Common Stock	M	7500	$13.81	Acquired	98517	Direct
2016-01-26	Common Stock	M	7500	$19.25	Acquired	106017	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-01-25	Options to Purchase Common Stock	$12.60	M	7500	Disposed	2016-05-03	Common Stock (7500)	Direct
2016-01-26	Options to Purchase Common Stock	$17.60	M	7500	Disposed	2017-06-14	Common Stock (7500)	Direct
2016-01-26	Options to Purchase Common Stock	$13.81	M	7500	Disposed	2018-03-14	Common Stock (7500)	Direct
2016-01-26	Options to Purchase Common Stock	$19.25	M	7500	Disposed	2019-08-14	Common Stock (7500)	Direct

Footnotes

F1: 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.