COMMVAULT SYSTEMS INC — Director's Dealing 2021

Sep 7, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COMMVAULT SYSTEMS INC (CVLT)
CIK: 0001169561
Period of Report: 2021-09-03

Reporting Person: CAROLAN BRIAN (VP Finance and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-09-03	Common Stock	M	11325	$45.44	Acquired	119472.7083	Direct
2021-09-03	Common Stock	S	11325	$83.90	Disposed	108147.7083	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-09-03	Options to Purchase Common Stock	$45.44	M	11325	Disposed	2024-10-14	Common Stock (11325)	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 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.