COMMVAULT SYSTEMS INC — Director's Dealing 2021

Jun 8, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COMMVAULT SYSTEMS INC (CVLT)
CIK: 0001169561
Period of Report: 2021-06-04

Reporting Person: CAROLAN BRIAN (VP Finance and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-06-04	Common Stock	M	8814	$56.57	Acquired	128872.7083	Direct
2021-06-04	Common Stock	S	8814	$77.90	Disposed	120058.7083	Direct
2021-06-07	Common Stock	S	10000	$79.00	Disposed	110058.7083	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-06-04	Options to Purchase Common Stock	$56.57	M	8814	Disposed	2022-10-12	Common Stock (8814)	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 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.