SEC Form 4 · accession 0001209191-18-006459
COMMVAULT SYSTEMS INC · CVLT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gary B Smith
Director
Period of report
Jan 31, 2018
Accepted (ET)
Feb 1, 2018 · 4:15 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 | Jan 31, 2018 | M | 7,500 | $13.81 | A | 44,212 | D | |
| Common StockF1 | Jan 31, 2018 | S | 7,500 | $53.50 | D | 36,712 | 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 | Jan 31, 2018 | M | 7,500 | D | — | Mar 14, 2018 | Common Stock | 7,500 | 0 | 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.