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COMMVAULT SYSTEMS INC — Director's Dealing 2024
May 22, 2024
30698_dirs_2024-05-22_ca41dc97-a521-4f9a-bef0-dc8a78147f31.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: 2024-05-20
Reporting Person: Mirchandani Sanjay (Director, President & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-05-20 | Common Stock | A | 10020 | — | Acquired | 532332 | Direct |
| 2024-05-20 | Common Stock | S | 14053 | $110.64 | Disposed | 518279 | Direct |
| 2024-05-20 | Common Stock | S | 1942 | $110.38 | Disposed | 516337 | Direct |
| 2024-05-20 | Common Stock | S | 1954 | $110.85 | Disposed | 514383 | Direct |
| 2024-05-21 | Common Stock | S | 1067 | $109.77 | Disposed | 513316 | Direct |
| 2024-05-21 | Common Stock | S | 2138 | $110.63 | Disposed | 511178 | Direct |
| 2024-05-21 | Common Stock | S | 8243 | $110.39 | Disposed | 502935 | Direct |
Footnotes
F1: Represents additional shares issued in connection with the Company's total shareholder return for fiscal year 2024 satisfying specified benchmarks relative to the Russell 3000 index pursuant to the terms of an award granted on May 17, 2021.
F2: 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.
F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $109.97 and $110.67, 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: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $110.70 and $111.28, 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.
F5: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $109.48 and $109.99, 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.
F6: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $110.04 and $111.01, 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.