COMMVAULT SYSTEMS INC — Director's Dealing 2018

Feb 1, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COMMVAULT SYSTEMS INC (CVLT)
CIK: 0001169561
Period of Report: 2018-01-31

Reporting Person: SMITH GARY B (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-01-31	Common Stock	M	7500	$13.81	Acquired	44212	Direct
2018-01-31	Common Stock	S	7500	$53.50	Disposed	36712	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-01-31	Options to Purchase Common Stock	$13.81	M	7500	Disposed	2018-03-14	Common Stock (7500)	Direct

Footnotes

F1: Represents average sale price.

F2: 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.