SEC Form 4 · accession 0001209191-15-046147
COMMVAULT SYSTEMS INC · CVLT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
N Robert Hammer
Officer — Chairman, President & CEO · Director
Period of report
May 20, 2015
Accepted (ET)
May 22, 2015 · 4:21 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001169561
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 20, 2015 | M | 72,065 | $4.70 | A | 2,515,847 | D | |
| Common StockF1 | May 20, 2015 | S | 72,065 | $46.21 | D | 2,443,782 | D | |
| Common Stock | May 21, 2015 | M | 27,935 | $4.70 | A | 2,471,717 | D | |
| Common StockF1 | May 21, 2015 | S | 27,935 | $45.57 | D | 2,443,782 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Options to Purchase Common StockF2 | $4.70 | May 20, 2015 | M | 72,065 | D | — | Sep 19, 2015 | Common Stock | 72,065 | 277,935 | D |
| Options to Purchase Common StockF2 | $4.70 | May 21, 2015 | M | 27,935 | D | — | Sep 19, 2015 | Common Stock | 27,935 | 250,000 | D |
Explanation of responses
- F1Represents average sale price.
- F2The options to purchase common stock are subject to a 4-year vesting schedule, as follows: 25% on the first anniversary of the grant with the remaining options vesting in equal quarterly installments thereafter.