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COMMVAULT SYSTEMS INC — Director's Dealing 2021
May 26, 2021
30698_dirs_2021-05-26_6c785d4c-488a-44ca-80f4-2684abca1c17.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: 2021-05-24
Reporting Person: CAROLAN BRIAN (VP Finance and CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-05-24 | Common Stock | S | 8817 | $73.90 | Disposed | 136057.6051 | Direct |
| 2021-05-24 | Common Stock | M | 8817 | $56.57 | Acquired | 144874.6051 | Direct |
| 2021-05-25 | Common Stock | M | 8814 | $56.57 | Acquired | 153688.6051 | Direct |
| 2021-05-25 | Common Stock | S | 8814 | $75.90 | Disposed | 144874.6051 | Direct |
| 2021-05-25 | Common Stock | S | 24600 | $76.10 | Disposed | 120274.6051 | Direct |
| 2021-05-25 | Common Stock | S | 215.8968 | $76.13 | Disposed | 120058.7083 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-05-24 | Options to Purchase Common Stock | $56.57 | M | 8817 | Disposed | 2022-10-12 | Common Stock (8817) | Direct |
| 2021-05-25 | 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $75.51 and 76.28, 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.