SEC Form 4 · accession 0001209191-17-031580
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
May 10, 2017
Accepted (ET)
May 11, 2017 · 5:10 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 Stock | May 10, 2017 | M | 23,731 | $22.59 | A | 137,409 | D | |
| Common Stock | May 10, 2017 | M | 22,500 | $11.12 | A | 159,909 | D | |
| Common StockF1 | May 10, 2017 | S | 23,731 | $57.58 | D | 136,178 | D | |
| Common StockF1 | May 10, 2017 | S | 22,500 | $57.58 | D | 113,678 | D | |
| Common StockF2 | May 10, 2017 | S | 335 | $58.00 | D | 113,343 | D | |
| Common StockF3 | May 10, 2017 | S | 298 | $58.00 | D | 113,045 | D | |
| Common StockF1 | May 10, 2017 | S | 43,636 | $57.40 | D | 69,409 | 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 StockF4 | $22.59 | May 10, 2017 | M | 23,731 | D | — | Dec 14, 2019 | Common Stock | 23,731 | 0 | D |
| Options to Purchase Common StockF4 | $11.12 | May 10, 2017 | M | 22,500 | D | — | Dec 12, 2018 | Common Stock | 22,500 | 0 | D |
Explanation of responses
- F1Represents average sale price.
- F2Shares were acquired under the Commvault Employee Stock Purchase Plan on Jan. 30, 2015.
- F3Shares were acquired under the Commvault Employee Stock Purchase Plan on July 31, 2014.
- F4The 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.