Filing Details

Accession Number:
0001169561-23-000078
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-05-23 18:44:20
Reporting Period:
2023-05-19
Accepted Time:
2023-05-23 18:44:20
SEC Url:
Form 4 Filing
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 Explanation
Common Stock Disposition 2023-05-19 4,250 $65.59 479,929 No 4 S Direct
Common Stock Acquisiton 2023-05-22 4,950 $0.00 484,879 No 4 A Direct
Common Stock Acquisiton 2023-05-22 10,879 $0.00 495,758 No 4 A Direct
Common Stock Disposition 2023-05-23 16,484 $67.22 479,274 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 A Direct
No 4 A Direct
No 4 S Direct
Footnotes
  1. Represents shares automatically sold solely to satisfy tax withholding obligations of reporting person on vesting of restricted stock. Proceeds from the sale were submitted to the Internal Revenue Service.
  2. Represents additional shares issued in connection with the Company's total shareholder return for fiscal year 2023 satisfying specified benchmarks relative to the Russell 3000 index pursuant to the terms of an award granted on May 22, 2020.
  3. Represents additional shares issued in connection with the Company's achievement of certain financial performance metrics tied to annualized recurring revenue for fiscal year 2023 pursuant to the terms of an award granted on May 16, 2022.