COMMVAULT SYSTEMS INC — Director's Dealing 2023

Nov 22, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COMMVAULT SYSTEMS INC (CVLT)
CIK: 0001169561
Period of Report: 2023-11-17

Reporting Person: Mirchandani Sanjay (Director, President & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-11-17	Common Stock	S	4244	$69.34	Disposed	450377	Direct
2023-11-20	Common Stock	S	3727	$69.74	Disposed	446650	Direct
2023-11-20	Common Stock	S	6748	$69.54	Disposed	439902	Direct
2023-11-21	Common Stock	S	9952	$71.05	Disposed	429950	Direct
2023-11-21	Common Stock	G	2900	—	Disposed	427050	Direct

Footnotes

F1: Represents shares automatically sold solely to satisfy tax withholding obligations of reporting person on vesting of restricted stock. Proceeds from the sale were submitted to the Internal Revenue Service.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $69.26 and $69.76, inclusive. Full information regarding the number of shares sold at each separate price will be provided by the reporting person upon request to the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $70.55 and $71.47, inclusive. Full information regarding the number of shares sold at each separate price will be provided by the reporting person upon request to the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer.

F4: This transaction represents a gift / charitable donation effective November 21, 2023. This is not a market transaction, thus no price has been reported.