Filing Details

Accession Number:
0001209191-22-030203
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-05-18 18:02:48
Reporting Period:
2022-05-16
Accepted Time:
2022-05-18 18:02:48
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1169561 Commvault Systems Inc CVLT Services-Prepackaged Software (7372) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1765820 Sanjay Mirchandani 1 Commvault Way
Tinton Falls NJ 07724
President & Ceo Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2022-05-16 77,733 $0.00 432,692 No 4 A Direct
Common Stock Acquisiton 2022-05-16 38,866 $0.00 471,558 No 4 A Direct
Common Stock Acquisiton 2022-05-16 38,866 $0.00 510,424 No 4 A Direct
Common Stock Disposition 2022-05-17 16,141 $61.46 494,283 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 A Direct
No 4 A Direct
No 4 S Direct
Footnotes
  1. The common stock is being granted as restricted stock units and is subject to a 3-year vesting schedule, as follows: 1/3 on the first anniversary of the grant with the remaining portion vesting in equal quarterly installments thereafter.
  2. The common stock is being granted as performance share units (PSUs), which will vest, over a three year period based on the Company's achievement of certain financial performance metrics tied to revenue measures.
  3. The common stock is being granted as performance share units (PSUs), 1/3 of which will vest, on each of the first, second and third anniversaries of the grant date of the award, if on such dates the Company's total shareholder return satisfies specified benchmarks relative to Russell 3000 index.
  4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $61.32 and $61.63, inclusive.