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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-10-16	Common Stock	A	15134	$0.00	Acquired	501615.2955	Direct
2016-11-22	Common Stock	G	9500	—	Disposed	481256.2955	Direct
2017-05-13	Common Stock	A	14586	$0.00	Acquired	492783.6683	Direct
2017-05-23	Common Stock	A	14240	—	Acquired	496811.6683	Direct
2017-08-13	Common Stock	A	2010	$0.00	Acquired	496909.6683	Direct
2017-10-15	Common Stock	A	14831	$0.00	Acquired	510179.2336	Direct
2017-10-16	Common Stock	G	5500	—	Disposed	504679.2336	Direct
2017-10-17	Common Stock	F	8052	$59.23	Disposed	496627.2336	Direct
2017-10-18	Common Stock	F	1500	$59.34	Disposed	495127.2336	Direct

Footnotes

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

F2: Not applicable.

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 the first anniversary of the grant with the remaining portion vesting in equal quarterly installments thereafter.

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 $60.10 inclusive.