Whalen James J. 4
4 · COMMVAULT SYSTEMS INC · Filed May 17, 2023
Insider Transaction Report
Form 4
Whalen James J.
Chief Accounting Officer
Transactions
- Award
Common Stock
2023-05-15+2,406→ 24,225 total - Award
Common Stock
2023-05-15+4,813→ 21,819 total - Award
Common Stock
2023-05-15+2,406→ 26,631 total
Footnotes (3)
- [F1]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.
- [F2]The common stock is being granted as performance share units (PSUs), 1/3 of which will vest, 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.
- [F3]The common stock is being granted as performance share units (PSUs), which will vest, over a three year period based on the Company's achievement of certain financial performance metrics tied to revenue measures.