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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1169561	Commvault Systems Inc	CVLT	Services-Prepackaged Software (7372)	000000000

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1765820	Sanjay Mirchandani	1 Commvault Way Tinton Falls NJ 07724	President & Ceo	Yes	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Disposition	2021-05-17	5,000	$67.88	279,003	No	4	S	Direct
Common Stock	Acquisiton	2021-05-17	63,961	$0.00	342,964	No	4	A	Direct
Common Stock	Acquisiton	2021-05-17	31,980	$0.00	374,944	No	4	A	Direct
Common Stock	Acquisiton	2021-05-17	31,980	$0.00	406,924	No	4	A	Direct
Common Stock	Disposition	2021-05-18	5,369	$67.40	401,555	No	4	F	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	S	Direct
No	4	A	Direct
No	4	A	Direct
No	4	A	Direct
No	4	F	Direct

Footnotes

This transaction has taken place pursuant to a pre-arranged trading plan in compliance with Rule 10b5-1 of the Securities and Exchange Act of 1934.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $67.41 and 68.38 inclusive.
The 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.
The common stock is being granted as performance share units (PSUs), 1/3 of which will vest, if at all, on each of the first, second and third anniversaries of the grant date of the award, if on such dates the Company's total shareholder return satisfies specified benchmarks relative to Russell 3000 index.
The common stock is being granted as performance share units (PSUs), which will vest, if at all, over a three year period based on the Company's achievement of certain financial performance metrics tied to EBIT and revenue measures.
This sale of common stock was made to satisfy certain tax withholding obligations resulting from the vesting of restricted stock units.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $67.29 and 67.45 inclusive.