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COMMVAULT SYSTEMS INC Director's Dealing 2023

May 19, 2023

30698_dirs_2023-05-19_6d0c8db2-c1ab-47ea-8347-416ab6d264ec.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: 2023-05-17

Reporting Person: Merrill Gary (Chief Financial Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-05-17 Common Stock F 3761 $63.49 Disposed 101174 Direct
2023-05-18 Common Stock S 2235 $64.28 Disposed 98939 Direct
2023-05-18 Common Stock F 1654 $64.73 Disposed 97285 Direct
2023-05-19 Common Stock S 982 $66 Disposed 96303 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 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. The price reported represents all shares sold at $64.28.

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. The price reported represents all shares sold at $66.00