SEC Form 4 · accession 0001209191-15-075571
COMMVAULT SYSTEMS INC · CVLT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gary Merrill
Officer — Chief Accounting Officer
Period of report
Oct 13, 2015
Accepted (ET)
Oct 15, 2015 · 4:40 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,F2 | Oct 13, 2015 | F | 129 | $35.68 | D | 20,689 | D | |
| Common StockF3,F4 | Oct 15, 2015 | A | 2,800 | — | A | 33,789 | D | |
| Common StockF5,F4 | Oct 15, 2015 | A | 2,800 | — | A | 23,489 | D | |
| Common StockF6,F4 | Oct 15, 2015 | A | 7,500 | — | A | 30,989 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This sale of common stock was made to satisfy certain tax withholding obligations resulting from the vesting of restricted stock units.
- F2Represents average sale price.
- F3The common stock is being granted as restricted stock units and is subject to a 3-year vesting schedule, as follows: 1/3 on each anniversary of the grant based on the achievement of certain annual pre-determined performance metrics.
- F4Not applicable.
- F5The 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.
- F6The common stock is being granted as restricted stock units and is subject to a 2-year vesting schedule, as follows: 50% on the first anniversary of the grant and 50% vesting on the second anniversary.