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COMMVAULT SYSTEMS INC Director's Dealing 2020

Oct 14, 2020

30698_dirs_2020-10-13_290dccf1-10dd-41d4-b9ff-2c8df7db43eb.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: 2020-10-08

Reporting Person: CAROLAN BRIAN (VP Finance and CFO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2020-10-08 Common Stock M 12969 $26.83 Acquired 164720.6051 Direct
2020-10-08 Common Stock S 12969 $42.74 Disposed 151751.6051 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2020-10-08 Options to Purchase Common Stock $26.83 M 12969 Disposed 2020-10-14 Common Stock (12969) 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 $42.50 and 42.88 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.