SEC Form 4 · accession 0001209191-16-149056
COMMVAULT SYSTEMS INC · CVLT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ronald L Miiller
Officer — SVP, Worldwide Sales
Period of report
Nov 7, 2016
Accepted (ET)
Nov 9, 2016 · 4:22 pm EST
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 | Nov 7, 2016 | M | 11,152 | $16.99 | A | 127,120 | D | |
| Common StockF1 | Nov 7, 2016 | S | 11,152 | $53.08 | D | 115,968 | D | |
| Common Stock | Nov 8, 2016 | M | 10,000 | $16.99 | A | 125,968 | D | |
| Common StockF1 | Nov 8, 2016 | S | 10,000 | $52.75 | D | 115,968 | 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 | $16.99 | Nov 7, 2016 | M | 11,152 | D | — | May 22, 2017 | Common Stock | 11,152 | 10,000 | D |
| Options to Purchase Common StockF2 | $16.99 | Nov 8, 2016 | M | 10,000 | D | — | May 22, 2017 | Common Stock | 10,000 | 0 | 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.