SEC Form 4 · accession 0001209191-19-007334
COMMVAULT SYSTEMS INC · CVLT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sanjay Mirchandani
Officer — President & CEO · Director
Period of report
Feb 4, 2019
Accepted (ET)
Feb 5, 2019 · 4:23 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,F2 | Feb 4, 2019 | A | 61,956 | — | A | 61,956 | D | |
| Common StockF3,F2 | Feb 4, 2019 | A | 46,467 | — | A | 108,423 | D | |
| Common StockF4,F2 | Feb 4, 2019 | A | 46,467 | — | A | 154,890 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The common stock is being granted as restricted stock units and is subject to a 2-year vesting schedule, as follows: 50% on the first anniversary of the grant, with the remaining portion vesting in equal quarterly installments thereafter.
- F2Not applicable.
- F3The common stock is being granted as restricted stock units and is subject to a 3-year vesting schedule, as follows: 1/3 on the first anniversary of the grant, with the remaining portion vesting in equal quarterly installments thereafter.
- F4The common stock is being granted as performance based stock units and is subject to the following vesting schedule: 50% on the second anniversary of the grant and the remaining 50% vesting on the third anniversary of the grant.