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COMMVAULT SYSTEMS INC — Director's Dealing 2018
Apr 4, 2018
30698_dirs_2018-04-04_8dc0e9f8-b8c7-4de1-bd65-025c2a6eb1e2.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: COMMVAULT SYSTEMS INC (CVLT)
CIK: 0001169561
Period of Report: 2018-04-03
Reporting Person: BUNTE AL (Director, Executive Vice President & COO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-04-03 | Common Stock | M | 67998 | $11.12 | Acquired | 561599.4724 | Direct |
| 2018-04-03 | Common Stock | S | 67500 | $65.01 | Disposed | 494099.4724 | Direct |
| 2018-04-03 | Common Stock | S | 498 | $66.00 | Disposed | 493601.4724 | Direct |
| 2018-04-04 | Common Stock | M | 67002 | $11.12 | Acquired | 560603.4724 | Direct |
| 2018-04-04 | Common Stock | S | 67002 | $66.00 | Disposed | 493601.4724 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-04-03 | Options to Purchase Common Stock | $11.12 | M | 67998 | Disposed | 2018-12-12 | Common Stock (67998) | Direct |
| 2018-04-04 | Options to Purchase Common Stock | $11.12 | M | 67002 | Disposed | 2018-12-12 | Common Stock (67002) | 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 $65.00 and $65.05 inclusive.
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.