SEC Form 4 · accession 0001209191-18-061223
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
Dec 3, 2018
Accepted (ET)
Dec 6, 2018 · 4:03 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 | Dec 3, 2018 | M | 180,000 | $11.12 | A | 2,799,411 | D | |
| Common StockF1,F2 | Dec 3, 2018 | S | 105,745 | $57.08 | D | 2,693,666 | D | |
| Common StockF3 | Dec 3, 2018 | S | 70,020 | $57.63 | D | 2,623,646 | D | |
| Common StockF4 | Dec 3, 2018 | S | 4,235 | $58.53 | D | 2,619,411 | 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,F5 | $11.12 | Dec 3, 2018 | M | 180,000 | D | — | Dec 12, 2018 | Common Stock | 180,000 | 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 $56.45 to $57.44 inclusive.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $57.45 to $58.40 inclusive.
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $58.55 to $59.41 inclusive.
- F5The 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.