COMMVAULT SYSTEMS INC — Director's Dealing 2023

Aug 21, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COMMVAULT SYSTEMS INC (CVLT)
CIK: 0001169561
Period of Report: 2023-08-17

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-08-17	Common Stock	S	4243	$69.61	Disposed	475126	Direct
2023-08-18	Common Stock	S	3727	$69.31	Disposed	471399	Direct
2023-08-18	Common Stock	S	6787	$69.40	Disposed	464612	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: Includes shares purchased under the Commvault Employee Stock Purchase Plan on August 14, 2023.

F3: The sale reported in this Form 4 was effected pursuant to an existing Rule 10b5-1 trading plan adopted by the reporting person on February 3, 2023.

F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $69.00 and $69.52, 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.