COMMVAULT SYSTEMS INC — Director's Dealing 2019

Feb 15, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COMMVAULT SYSTEMS INC (CVLT)
CIK: 0001169561
Period of Report: 2019-02-13

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-02-13	Common Stock	F	536	$67.59	Disposed	486177.2735	Direct
2019-02-14	Common Stock	F	1001	$67.68	Disposed	485176.2735	Direct
2019-02-14	Common Stock	M	64167	$22.59	Acquired	549343.2735	Direct
2019-02-14	Common Stock	S	64167	$67.82	Disposed	485176.2735	Direct
2019-02-14	Common Stock	A	245.1724	$55.17	Acquired	485421.4459	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-02-14	Options to Purchase Common Stock	$22.59	M	64167	Disposed	2019-12-14	Common Stock (64167)	Direct

Footnotes

F1: This sale of common stock was made to satisfy certain tax withholding obligations resulting from the vesting of restricted stock units.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $67.43 to $68.03 inclusive.

F3: Shares were acquired under the Commvault Employee Stock Purchase Plan on Feb. 14, 2019.

F4: The options vested over 4 years from the date of grant, as follows: 25% on the first anniversary of the grant, quarterly thereafter for the remaining three years.