SEC Form 4 · accession 0001209191-15-066644
COMMVAULT SYSTEMS INC · CVLT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Al Bunte
Officer — Executive Vice President & COO · Director
Period of report
Aug 14, 2015
Accepted (ET)
Aug 18, 2015 · 5:42 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 StockF1 | Aug 14, 2015 | A | 264 | $31.88 | A | 383,067 | D | |
| Common Stock | Aug 17, 2015 | M | 136,500 | $4.70 | A | 519,567 | D | |
| Common StockF2 | Aug 17, 2015 | S | 76,000 | $37.89 | D | 443,567 | 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 StockF3 | $4.70 | Aug 17, 2015 | M | 136,500 | D | — | Sep 19, 2015 | Common Stock | 136,500 | 0 | D |
Explanation of responses
- F1Shares were acquired under the CommVault Employee Stock Purchase Plan on August 14, 2015.
- F2Represents average sale price.
- F3The 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.