COMMVAULT SYSTEMS INC — Director's Dealing 2025

Feb 21, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: COMMVAULT SYSTEMS INC (CVLT)
CIK: 0001169561
Period of Report: 2025-02-19

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-02-19	Common Stock	S	7318	$186.04	Disposed	432231	Direct
2025-02-19	Common Stock	S	2018	$184.53	Disposed	430213	Direct
2025-02-19	Common Stock	S	835	$185.62	Disposed	429378	Direct
2025-02-19	Common Stock	S	1472	$186.50	Disposed	427906	Direct
2025-02-19	Common Stock	S	340	$187.71	Disposed	427566	Direct
2025-02-19	Common Stock	S	335	$189.44	Disposed	427231	Direct
2025-02-20	Common Stock	S	830	$180	Disposed	426401	Direct
2025-02-20	Common Stock	S	1140	$181.45	Disposed	425261	Direct
2025-02-20	Common Stock	S	1292	$183.33	Disposed	423969	Direct
2025-02-20	Common Stock	S	626	$184.26	Disposed	423343	Direct
2025-02-20	Common Stock	S	1634	$185.91	Disposed	421709	Direct
2025-02-21	Common Stock	S	3388	$180.16	Disposed	418321	Direct
2025-02-21	Common Stock	S	2730	$180.90	Disposed	415591	Direct
2025-02-21	Common Stock	S	430	$181.84	Disposed	415161	Direct
2025-02-21	Common Stock	S	200	$182.74	Disposed	414961	Direct
2025-02-21	Common Stock	S	510	$183.59	Disposed	414451	Direct
2025-02-21	Common Stock	S	902	$185.13	Disposed	413549	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 February 14, 2025.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $184.20 and $184.89, 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 $185.20 and $185.81, 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 $186.17 and $186.76, 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.

F6: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $187.45 and $187.83, 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.

F7: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $179.77 and $180.37, 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.

F8: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $180.88 and $181.86, 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.

F9: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $182.78 and $183.74, 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.

F10: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $184.16 and $185.10, 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.

F11: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $185.16 and $186.13, 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.

F12: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $179.47 and $180.43, 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.

F13: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $180.49 and $181.41, 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.

F14: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $181.65 and $182.10, 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.

F15: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $183.09 and $184.01, 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.

F16: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $184.41 and $185.29, 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.