SEC Form 4 · accession 0001209191-17-047932
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
Aug 3, 2017
Accepted (ET)
Aug 7, 2017 · 5:27 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 | Aug 3, 2017 | M | 100 | $13.81 | A | 474,780 | D | |
| Common Stock | Aug 3, 2017 | S | 100 | $60.00 | D | 474,680 | D | |
| Common Stock | Aug 4, 2017 | M | 29,901 | $13.81 | A | 504,581 | D | |
| Common StockF1 | Aug 4, 2017 | S | 29,901 | $60.01 | D | 474,680 | 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 | $13.81 | Aug 3, 2017 | M | 100 | D | — | Mar 14, 2018 | Common Stock | 100 | 99,901 | D |
| Options to Purchase Common StockF2 | $13.81 | Aug 4, 2017 | M | 29,901 | D | — | Mar 14, 2018 | Common Stock | 29,901 | 70,000 | 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.