Gary Merrill - 02 Mar 2022 Form 4 Insider Report for COMMVAULT SYSTEMS INC (CVLT)

Signature
Brian M. Carolan, Attorney-in-Fact
Issuer symbol
CVLT
Transactions as of
02 Mar 2022
Net transactions value
-$416,124
Form type
4
Filing time
04 Mar 2022, 16:20:43 UTC
Previous filing
18 Feb 2022
Next filing
18 May 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CVLT Common Stock Options Exercise $241,554 +4,270 +12% $56.57 40,546 02 Mar 2022 Direct
transaction CVLT Common Stock Sale $275,073 -4,270 -11% $64.42 36,276 02 Mar 2022 Direct F1
transaction CVLT Common Stock Sale $21,302 -330 -0.91% $64.55 35,946 02 Mar 2022 Direct F2
transaction CVLT Common Stock Sale $119,749 -1,856 -5.2% $64.52 34,090 02 Mar 2022 Direct F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CVLT Options to Purchase Common Stock Options Exercise $241,554 -4,270 -100% $56.57 0 02 Mar 2022 Common Stock 4,250 $56.57 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $64.38 and $64.48, inclusive.
F2 Shares were acquired under the Commvault Employee Stock Purchase Plan.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $64.49 and $64.57, inclusive.
F4 Reflects cashless exercise of stock options.