Form 4 for CVLT COMMVAULT SYSTEMS INC

Accepted 2023-05-19 00:00:00 ET · period of report 2023-05-17 · accession 0001169561-23-000071 · 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	2023-05-19	2023-05-18+	CVLT	Merrill Gary	CFO	S - Sale	$64.81	-3,217	96.3K	-3%	-$208.5K
M	2023-05-19	2023-05-17+	CVLT	Merrill Gary	CFO	F - Tax	$63.87	-5,415	97.3K	-5%	-$345.8K

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	2023-05-18	S	D	2,235	$64.28	98,939	D	—	—	(F2) The sale reported in this Form 4 was effected pursuant to an existing Rule 10b5-1 trading plan adopted by the reporting person on February 3, 2023. The price reported represents all shares sold at $64.28.
2	Common	Common Stock	2023-05-19	S	D	982	$66.00	96,303	D	—	—	(F3) The sale reported in this Form 4 was effected pursuant to an existing Rule 10b5-1 trading plan adopted by the reporting person on February 3, 2023. The price reported represents all shares sold at $66.00
3	Common	Common Stock	2023-05-17	F	D	3,761	$63.49	101,174	D	—	—	(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.
4	Common	Common Stock	2023-05-18	F	D	1,654	$64.73	97,285	D	—	—	(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.