SEC Form 4 · accession 0001209191-18-016398
COMMVAULT SYSTEMS INC · CVLT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
N Robert Hammer
Officer — Chairman, President & CEO · Director
Period of report
Mar 2, 2018
Accepted (ET)
Mar 5, 2018 · 4:11 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 StockF1 | Mar 2, 2018 | M | 187,502 | $13.81 | A | 2,803,691 | D | |
| Common StockF1,F2 | Mar 2, 2018 | S | 187,502 | $50.73 | D | 2,616,189 | 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 | $13.81 | Mar 2, 2018 | M | 187,502 | D | — | Mar 14, 2018 | Common Stock | 187,502 | 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.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $50.30 to $51.20 inclusive.
- 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.