COMMVAULT SYSTEMS INC — Director's Dealing 2017

Oct 20, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COMMVAULT SYSTEMS INC (CVLT)
CIK: 0001169561
Period of Report: 2016-10-16

Reporting Person: CAROLAN BRIAN (VP Finance and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-10-16	Common Stock	A	6468	$0.00	Acquired	99580.7083	Direct
2017-05-13	Common Stock	A	6907	$0.00	Acquired	89142.7083	Direct
2017-05-23	Common Stock	A	14834	—	Acquired	97775.7083	Direct
2017-08-13	Common Stock	A	951	$0.00	Acquired	97404.7083	Direct
2017-10-15	Common Stock	A	6336	$0.00	Acquired	93447.7436	Direct
2017-10-17	Common Stock	F	7473	$59.23	Disposed	85974.7436	Direct
2017-10-18	Common Stock	F	961	$59.34	Disposed	85013.7436	Direct

Footnotes

F1: These shares represent vesting of previously granted performance share units.

F2: 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.

F3: Not applicable.

F4: This sale of common stock was made to satisfy certain tax withholding obligations resulting from the vesting of restricted stock units.

F5: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $59.20 to $60 inclusive.