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Filing Details

Accession Number:: 0001169561-24-000056
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2024-05-17 20:02:12
Reporting Period:: 2024-05-15

Accepted Time:: 2024-05-17 20:02:12
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

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2024-05-15	45,558	$0.00	474,135	No	4	A	Direct
Common Stock	Acquisiton	2024-05-15	34,168	$0.00	508,303	No	4	A	Direct
Common Stock	Acquisiton	2024-05-15	34,168	$0.00	542,471	No	4	A	Direct
Common Stock	Acquisiton	2024-05-16	12,969	$0.00	555,440	No	4	A	Direct
Common Stock	Disposition	2024-05-16	15,975	$110.20	539,465	No	4	S	Direct
Common Stock	Disposition	2024-05-17	14,581	$110.91	524,884	No	4	S	Direct
Common Stock	Acquisiton	2024-05-17	12,955	$0.00	537,839	No	4	A	Direct
Common Stock	Disposition	2024-05-17	8,773	$110.61	529,066	No	4	S	Direct
Common Stock	Disposition	2024-05-17	6,754	$111.04	522,312	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	A	Direct
No	4	A	Direct
No	4	A	Direct
No	4	A	Direct
No	4	S	Direct
No	4	S	Direct
No	4	A	Direct
No	4	S	Direct
No	4	S	Direct

Footnotes

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.
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.
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.
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 15, 2023.
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.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $110.20 and $110.42, 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.
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 16, 2022.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $109.94 and $110.90, 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.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $110.91 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.