SEC Form 4 · accession 0001209191-16-151699
COMMVAULT SYSTEMS INC · CVLT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Brian Carolan
Officer — VP Finance and CFO
Period of report
Nov 18, 2016
Accepted (ET)
Nov 22, 2016 · 4:09 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 StockF1 | Nov 18, 2016 | M | 3,500 | $13.81 | A | 87,105 | D | |
| Common StockF1 | Nov 18, 2016 | S | 3,500 | $55.90 | D | 83,605 | D | |
| Common StockF1 | Nov 21, 2016 | M | 3,500 | $13.81 | A | 87,105 | D | |
| Common StockF1 | Nov 21, 2016 | S | 3,500 | $56.90 | D | 83,605 | 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 StockF1,F2 | $13.81 | Nov 18, 2016 | M | 3,500 | D | — | Mar 14, 2018 | Common Stock | 3,500 | 14,000 | D |
| Options to Purchase Common StockF1,F2 | $13.81 | Nov 21, 2016 | M | 3,500 | D | — | Mar 14, 2018 | Common Stock | 3,500 | 10,500 | D |
Explanation of responses
- F1All transactions shown on this form have taken place pursuant to a pre-arranged trading plan in compliance with Rule 10b5-1 of the Securities and Exchange Act of 1934.
- 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.