Merrill Gary 4
4 · COMMVAULT SYSTEMS INC · Filed May 19, 2025
Insider Transaction Report
Form 4
Merrill Gary
Chief Commercial Officer
Transactions
- Sale
Common Stock
2025-05-16$180.85/sh−489$88,436→ 98,926 total - Award
Common Stock
2025-05-15+7,649→ 104,300 total - Sale
Common Stock
2025-05-16$176.35/sh−1,099$193,809→ 104,851 total - Sale
Common Stock
2025-05-16$181.68/sh−212$38,516→ 98,714 total - Award
Common Stock
2025-05-16+7,790→ 106,504 total - Award
Common Stock
2025-05-15+7,649→ 111,949 total - Sale
Common Stock
2025-05-16$177.47/sh−2,151$381,738→ 102,700 total - Sale
Common Stock
2025-05-16$179.55/sh−2,325$417,454→ 99,415 total - Sale
Common Stock
2025-05-19$175.21/sh−2,222$389,317→ 110,966 total - Sale
Common Stock
2025-05-19$177.00/sh−100$17,700→ 109,786 total - Sale
Common Stock
2025-05-19$175.74/sh−9,916$1,742,638→ 99,870 total - Sale
Common Stock
2025-05-19$177.06/sh−4$708→ 99,866 total - Sale
Common Stock
2025-05-19$174.19/sh−113$19,683→ 113,188 total - Sale
Common Stock
2025-05-19$176.09/sh−1,080$190,177→ 109,886 total - Award
Common Stock
2025-05-15+10,199→ 96,651 total - Sale
Common Stock
2025-05-16$178.41/sh−5,999$1,070,282→ 105,950 total - Sale
Common Stock
2025-05-16$178.88/sh−960$171,725→ 101,740 total - Award
Common Stock
2025-05-16+4,278→ 110,782 total - Award
Common Stock
2025-05-19+2,519→ 113,301 total
Footnotes (17)
- [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.
- [F10]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $180.58 and $181.18, inclusive. Full information regarding the number of shares sold at each separate price will be provided by the reporting person upon request to the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer.
- [F11]Represents additional shares issued in connection with the Company's total shareholder return for fiscal year 2025 satisfying specified benchmarks relative to the Russell 3000 index pursuant to the terms of an award granted on May 15, 2024.
- [F12]Represents additional shares issued in connection with the Company's total shareholder return for fiscal year 2025 satisfying specified benchmarks relative to the Russell 3000 index pursuant to the terms of an award granted on May 15, 2023.
- [F13]Represents additional shares issued in connection with the Company's total shareholder return for fiscal year 2025 satisfying specified benchmarks relative to the Russell 3000 index pursuant to the terms of an award granted on May 16, 2022.
- [F14]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $173.64 and $174.26, inclusive. Full information regarding the number of shares sold at each separate price will be provided by the reporting person upon request to the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer.
- [F15]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $174.64 and $175.62, inclusive. Full information regarding the number of shares sold at each separate price will be provided by the reporting person upon request to the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer.
- [F16]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $175.68 and $176.54, inclusive. Full information regarding the number of shares sold at each separate price will be provided by the reporting person upon request to the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer.
- [F17]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $176.92 and $177.11, inclusive. Full information regarding the number of shares sold at each separate price will be provided by the reporting person upon request to the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer.
- [F2]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.
- [F3]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.
- [F4]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.
- [F5]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $178.19 and $178.50, inclusive. Full information regarding the number of shares sold at each separate price will be provided by the reporting person upon request to the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer.
- [F6]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $175.98 and $176.91, inclusive. Full information regarding the number of shares sold at each separate price will be provided by the reporting person upon request to the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer.
- [F7]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $176.98 and $177.89, inclusive. Full information regarding the number of shares sold at each separate price will be provided by the reporting person upon request to the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer.
- [F8]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $178.25 and $179.20, inclusive. Full information regarding the number of shares sold at each separate price will be provided by the reporting person upon request to the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer.
- [F9]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $179.26 and $180.04, inclusive. Full information regarding the number of shares sold at each separate price will be provided by the reporting person upon request to the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer.