SEC Form 4 · accession 0001209191-17-008050
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
Feb 3, 2017
Accepted (ET)
Feb 6, 2017 · 4:19 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 | Feb 3, 2017 | M | 50,000 | $16.99 | A | 524,158 | D | |
| Common Stock | Feb 3, 2017 | S | 50,000 | $50.00 | D | 474,158 | 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 | $16.99 | Feb 3, 2017 | M | 50,000 | D | — | May 22, 2017 | Common Stock | 50,000 | 34,607 | D |
Explanation of responses
- F1The 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.