Form 4 for CVLT COMMVAULT SYSTEMS INC

Accepted 2023-05-17 00:00:00 ET · period of report 2023-05-15 · accession 0001169561-23-000056 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
M	2023-05-17	2023-05-15	CVLT	Merrill Gary	CFO	A - Grant	$0.00	+51.3K	92.1K	+126%	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2023-05-15	A	A	25,669	$0.00	79,267	D	—	—	(F1) 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	Common	Common Stock	2023-05-15	A	A	12,834	$0.00	104,935	D	—	—	(F3) 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	Common	Common Stock	2023-05-15	A	A	12,834	$0.00	92,101	D	—	—	(F2) 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.