Form 4 for CVLT COMMVAULT SYSTEMS INC
Accepted 2023-11-21 00:00:00 ET · period of report 2023-11-17 · accession 0001169561-23-000151 · 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 | 2023-11-21 | 2023-11-17+ | CVLT | Mirchandani Sanjay | Pres, CEO, Dir | S - Sale | $70.14 | -24.7K | 439.9K | -5% | -$1.73M |
| 2023-11-21 | 2023-11-21 | CVLT | Mirchandani Sanjay | Pres, CEO, Dir | G - Gift | $0.00 | -2,900 | 427.1K | -0.7% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-11-17 | S | D | 4,244 | $69.34 | 450,377 | 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. |
| 2 | Common | Common Stock | 2023-11-20 | S | D | 3,727 | $69.74 | 446,650 | 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. |
| 3 | Common | Common Stock | 2023-11-21 | G | D | 2,900 | $0.00 | 427,050 | D | — | — | (F4) This transaction represents a gift / charitable donation effective November 21, 2023. This is not a market transaction, thus no price has been reported. |
| 4 | Common | Common Stock | 2023-11-21 | S | D | 9,952 | $71.05 | 429,950 | D | — | — | (F3) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $70.55 and $71.47, 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. |
| 5 | Common | Common Stock | 2023-11-20 | S | D | 6,748 | $69.54 | 439,902 | D | — | — | (F2) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $69.26 and $69.76, 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. |