COMMVAULT SYSTEMS INC — Director's Dealing 2018

Dec 6, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COMMVAULT SYSTEMS INC (CVLT)
CIK: 0001169561
Period of Report: 2018-12-03

Reporting Person: HAMMER N ROBERT (Director, Chairman, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-12-03	Common Stock	M	180000	$11.12	Acquired	2799411	Direct
2018-12-03	Common Stock	S	105745	$57.08	Disposed	2693666	Direct
2018-12-03	Common Stock	S	70020	$57.63	Disposed	2623646	Direct
2018-12-03	Common Stock	S	4235	$58.53	Disposed	2619411	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-12-03	Options to Purchase Common Stock	$11.12	M	180000	Disposed	2018-12-12	Common Stock (180000)	Direct

Footnotes

F1: All transactions shown on this form have taken place pursuant to a pre-arranged trading plan in compliance with Rule 10b5-1 of the Securities and Exchange Act of 1934.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $56.45 to $57.44 inclusive.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $57.45 to $58.40 inclusive.

F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $58.55 to $59.41 inclusive.

F5: 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.