SEC Form 4 · accession 0001209191-17-056635
COMMVAULT SYSTEMS INC · CVLT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gary Merrill
Officer — Chief Accounting Officer
Period of report
Oct 9, 2017
Accepted (ET)
Oct 11, 2017 · 4:31 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 StockF1 | Oct 9, 2017 | M | 3,927 | $22.59 | A | 26,699 | D | |
| Common StockF1 | Oct 9, 2017 | M | 3,333 | $13.81 | A | 30,032 | D | |
| Common StockF1,F2 | Oct 9, 2017 | S | 3,927 | $62.29 | D | 26,105 | D | |
| Common StockF1,F2 | Oct 9, 2017 | S | 3,333 | $62.26 | D | 22,772 | 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,F3 | $22.59 | Oct 9, 2017 | M | 3,927 | D | — | Dec 14, 2019 | Common Stock | 3,927 | 0 | D |
| Options to Purchase Common StockF1,F3 | $13.81 | Oct 9, 2017 | M | 3,333 | D | — | Mar 14, 2018 | Common Stock | 3,333 | 0 | 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.
- F2Represents average sale price.
- F3The 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.