CVLT · Commvault Systems Inc

The sale reported in this Form 4 was effected pursuant to an existing Rule 10b5-1 trading plan adopted by the Reporting Person on February 17, 2026.

Granted on May 15, 2026, represents the number of shares determined to have been earned based upon the performance criteria and that remain subject to additional time-based vesting criteria. These performance stock units ("PSUs") will vest on August 15, 2026. Each PSU represents the right to receive one share of common stock.

Represents a transfer of 40,734 shares previously reported as directly held by the reporting person to Sanjay S. Mirchandani 2026 GRAT, of which the reporting person is the trustee and grantor and which is for the benefit of the reporting person and the reporting person's children. The reporting person maintains indirect beneficial ownership of such shares but disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein. This is not a market transaction, thus no price has been reported.

Represents a transfer of 40,734 shares previously reported as directly held by the reporting person to Sanjay S. Mirchandani 2026 GRAT, of which the reporting person is the trustee and grantor and which is for the benefit of the reporting person and the reporting person's children. The reporting person maintains indirect beneficial ownership of such shares but disclaims beneficial ownership of such shares except to the extent of his pecuniary interest therein. This is not a market transaction, thus no price has been reported.

The sale reported in this Form 4 was effected pursuant to an existing Rule 10b5-1 trading plan adopted by the Reporting Person on June 13, 2025.

The sale reported in this Form 4 was effected pursuant to an existing Rule 10b5-1 trading plan adopted by the Reporting Person on February 17, 2026.

Represents shares automatically sold solely to satisfy tax withholding obligations of reporting person on vesting of performance stock. Proceeds from the sale were submitted to the Internal Revenue Service.

Represents shares automatically sold solely to satisfy tax withholding obligations of reporting person on vesting of performance stock. Proceeds from the sale were submitted to the Internal Revenue Service.

Represents shares automatically sold solely to satisfy tax withholding obligations of reporting person on vesting of performance stock. Proceeds from the sale were submitted to the Internal Revenue Service.

Represents shares issued in connection with the Company's total shareholder return satisfying specified benchmarks relative to the Russell 3000 index pursuant to the terms of a PSU award granted on May 15, 2024.

Represents shares issued in connection with the Company's total shareholder return satisfying specified benchmarks relative to the Russell 3000 index pursuant to the terms of a PSU award granted on May 15, 2024.

Represents shares issued in connection with the Company's total shareholder return satisfying specified benchmarks relative to the Russell 3000 index pursuant to the terms of a performance stock unit ("PSU") award granted on May 15, 2023.

Represents shares issued in connection with the Company's total shareholder return satisfying specified benchmarks relative to the Russell 3000 index pursuant to the terms of a performance stock unit award granted on May 15, 2024.

Represents shares issued in connection with the Company's total shareholder return satisfying specified benchmarks relative to the Russell 3000 index pursuant to the terms of a performance stock unit ("PSU") award granted on May 15, 2023.

The sale reported in this Form 4 was effected pursuant to an existing Rule 10b5-1 trading plan adopted by the Reporting Person on February 17, 2026.

The sale reported in this Form 4 was effected pursuant to an existing Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2025.

The sale reported in this Form 4 was effected pursuant to an existing Rule 10b5-1 trading plan adopted by the Reporting Person on June 13, 2025.

Represents shares automatically sold solely to satisfy tax withholding obligations of reporting person on vesting of performance stock. Proceeds from the sale were submitted to the Internal Revenue Service.

The sale reported in this Form 4 was effected pursuant to an existing Rule 10b5-1 trading plan adopted by the Reporting Person on February 17, 2026.

The sale reported in this Form 4 was effected pursuant to an existing Rule 10b5-1 trading plan adopted by the Reporting Person on December 13, 2025.

Represents shares automatically sold solely to satisfy tax withholding obligations of reporting person on vesting of performance stock. Proceeds from the sale were submitted to the Internal Revenue Service.

Represents shares automatically sold solely to satisfy tax withholding obligations of reporting person on vesting of performance stock. Proceeds from the sale were submitted to the Internal Revenue Service.

The sale reported in this Form 4 was effected pursuant to an existing Rule 10b5-1 trading plan adopted by the Reporting Person on February 17, 2026.

Represents shares automatically sold solely to satisfy tax withholding obligations of the Reporting Person on vesting of restricted stock. Proceeds from the sale were submitted to the Internal Revenue Service.

The amount of securities beneficially owned includes (a) shares of Common Stock owned outright by the Reporting Person and (b) shares underlying earned PSUs and restricted stock units ("RSUs") that remain subject to time-based vesting criteria. The amount excludes the following shares mistakenly included in prior Forms 4: (i) 12,968 shares attributable to a total shareholder return ("TSR") PSU award granted on May 15, 2023, (ii) 22,778 shares attributable to a TSR PSU award granted on May 15, 2024, (iii) 25,497 shares attributable to a TSR PSU award granted on May 15, 2025, and (iv) 1,011 shares to correct a historical balance discrepancy. Going forward, PSUs will be reported on Form 4 in Table I once earned.

Represents shares automatically sold solely to satisfy tax withholding obligations of the Reporting Person on vesting of restricted stock. Proceeds from the sale were submitted to the Internal Revenue Service.

The amount of securities beneficially owned includes (a) shares of Common Stock owned outright by the Reporting Person and (b) shares underlying earned PSUs and restricted stock units ("RSUs") that remain subject to time-based vesting criteria. The amount excludes the following shares mistakenly included in prior Forms 4: (i) 4,278 shares attributable to a total shareholder return ("TSR") PSU award granted on May 15, 2023, (ii) 8,200 shares attributable to a TSR PSU award granted on May 14, 2024, (iii) 7,649 shares attributable to a TSR PSU award granted on May 15, 2025, and (iv) 33 shares to correct a historical balance discrepancy. Going forward, PSUs will be reported on Form 4 in Table I once earned.

Represents shares automatically sold solely to satisfy tax withholding obligations of the Reporting Person on vesting of restricted stock. Proceeds from the sale were submitted to the Internal Revenue Service.

Granted on May 15, 2025, represents 415 performance stock units ("PSUs") vested on the first anniversary of the grant date. The remaining 843 earned PSUs from this award, previously reported on Table II, are included in the Table I balance, subject to time-based vesting through May 15, 2028. Each PSU represents the right to receive one share of common stock.

The common stock is being granted as restricted stock units and is subject to a 3-year vesting schedule, as follows: 33% will vest on the first anniversary of the grant date and 8.375% will vest at the end of each successive three-month period thereafter.

Granted on May 15, 2025, represents 926 performance stock units ("PSUs") vested on the first anniversary of the grant date. The remaining 1,879 earned PSUs from this award, previously reported on Table II, are included in the Table I balance, subject to time-based vesting through May 15, 2028. Each PSU represents the right to receive one share of common stock.

The amount of securities beneficially owned includes (a) shares of Common Stock owned outright by the Reporting Person and (b) shares underlying earned PSUs and restricted stock units ("RSUs") that remain subject to time-based vesting criteria. The amount excludes the following shares mistakenly included in prior Forms 4: (i) 12,968 shares attributable to a total shareholder return ("TSR") PSU award granted on May 15, 2023, (ii) 22,778 shares attributable to a TSR PSU award granted on May 15, 2024, (iii) 25,497 shares attributable to a TSR PSU award granted on May 15, 2025, and (iv) 1,011 shares to correct a historical balance discrepancy. Going forward, PSUs will be reported on Form 4 in Table I once earned.

Granted on May 15, 2025, represents 278 performance stock units ("PSUs") vested on the first anniversary of the grant date. The remaining 563 earned PSUs from this award, previously reported on Table II, are included in the Table I balance, subject to time-based vesting through May 15, 2028. Each PSU represents the right to receive one share of common stock.

The amount of securities beneficially owned includes (a) shares of Common Stock owned outright by the Reporting Person and (b) shares underlying earned PSUs and restricted stock units ("RSUs") that remain subject to time-based vesting criteria. The amount excludes the following shares mistakenly included in prior Forms 4: (i) 4,278 shares attributable to a total shareholder return ("TSR") PSU award granted on May 15, 2023, (ii) 8,200 shares attributable to a TSR PSU award granted on May 14, 2024, (iii) 7,649 shares attributable to a TSR PSU award granted on May 15, 2025, and (iv) 33 shares to correct a historical balance discrepancy. Going forward, PSUs will be reported on Form 4 in Table I once earned.

Granted on May 15, 2025, represents 926 performance stock units ("PSUs") vested on the first anniversary of the grant date. The remaining 1,879 earned PSUs from this award, previously reported on Table II, are included in the Table I balance, subject to time-based vesting through May 15, 2028. Each PSU represents the right to receive one share of common stock.

Granted on May 15, 2025, represents 278 performance stock units ("PSUs") vested on the first anniversary of the grant date. The remaining 563 earned PSUs from this award, previously reported on Table II, are included in the Table I balance, subject to time-based vesting through May 15, 2028. Each PSU represents the right to receive one share of common stock.

Granted on May 15, 2025, represents 415 performance stock units ("PSUs") vested on the first anniversary of the grant date. The remaining 843 earned PSUs from this award, previously reported on Table II, are included in the Table I balance, subject to time-based vesting through May 15, 2028. Each PSU represents the right to receive one share of common stock.

The common stock is being granted as RSUs and is subject to a 3-year vesting schedule, as follows: 33% will vest on the first anniversary of the grant date and 8.375% will vest at the end of each successive three-month period thereafter.

The amount of securities beneficially owned includes (a) shares of Common Stock owned outright by the Reporting Person and (b) shares underlying earned PSUs and restricted stock units ("RSUs") that remain subject to time-based vesting criteria. The amount excludes the following shares mistakenly included in prior Forms 4: (i) 4,278 shares attributable to a total shareholder return ("TSR") PSU award granted on May 15, 2023, (ii) 8,200 shares attributable to a TSR PSU award granted on May 14, 2024, (iii) 7,649 shares attributable to a TSR PSU award granted on May 15, 2025, and (iv) 33 shares to correct a historical balance discrepancy. Going forward, PSUs will be reported on Form 4 in Table I once earned.

The common stock is being granted as RSUs and is subject to a 3-year vesting schedule, as follows: 33% will vest on the first anniversary of the grant date and 8.375% will vest at the end of each successive three-month period thereafter.

The amount of securities beneficially owned includes (a) shares of Common Stock owned outright by the Reporting Person and (b) shares underlying earned PSUs and restricted stock units ("RSUs") that remain subject to time-based vesting criteria. The amount excludes the following shares mistakenly included in prior Forms 4: (i) 12,968 shares attributable to a total shareholder return ("TSR") PSU award granted on May 15, 2023, (ii) 22,778 shares attributable to a TSR PSU award granted on May 15, 2024, (iii) 25,497 shares attributable to a TSR PSU award granted on May 15, 2025, and (iv) 1,011 shares to correct a historical balance discrepancy. Going forward, PSUs will be reported on Form 4 in Table I once earned.

Granted on May 15, 2025, represents the number of shares determined to have been earned based upon the performance criteria and that remain subject to additional time-based vesting criteria. 33% of these performance stock units ("PSUs") will vest on the first anniversary of the grant date and 8.375% will vest at the end of each successive three-month period thereafter. Each PSU represents the right to receive one share of common stock.

Granted on May 15, 2025, represents the number of shares determined to have been earned based upon the performance criteria in excess of the target amount previously reported in Table I (7,649 shares) and that remain subject to additional time-based vesting criteria. 33% of these performance stock units ("PSUs") will vest on the first anniversary of the grant date and 8.375% will vest at the end of each successive three-month period thereafter. Each PSU represents the right to receive one share of common stock.

Granted on May 15, 2025, represents the number of shares determined to have been earned based upon the performance criteria in excess of the target amount previously reported in Table I (25,497 shares) and that remain subject to additional time-based vesting criteria. 33% of these performance stock units ("PSUs") will vest on the first anniversary of the grant date and 8.375% will vest at the end of each successive three-month period thereafter. Each PSU represents the right to receive one share of common stock.

The common stock is being granted as restricted stock units and is subject to a 3-year vesting schedule, as follows: 33% will vest on the first anniversary of the grant date and 8.375% will vest at the end of each successive three-month period thereafter.

The common stock is being granted as restricted stock units and is subject to a 3-year vesting schedule, as follows: 33% will vest on the first anniversary of the grant date and 8.375% will vest at the end of each successive three-month period thereafter.

The sale reported in this Form 4 was effected pursuant to an existing Rule 10b5-1 trading plan adopted by the reporting person on December 13, 2025.

The sale reported in this Form 4 was effected pursuant to an existing Rule 10b5-1 trading plan adopted by the reporting person on December 13, 2025.

The sale reported in this Form 4 was effected pursuant to an existing Rule 10b5-1 trading plan adopted by the reporting person on November 20, 2024, as amended on June 13, 2025.

Represents shares automatically sold solely to satisfy tax withholding obligations of reporting person on vesting of restricted and performance stock. Proceeds from the sale were submitted to the Internal Revenue Service.

Represents shares automatically sold solely to satisfy tax withholding obligations of reporting person on vesting of restricted and performance stock. Proceeds from the sale were submitted to the Internal Revenue Service.

Includes shares purchased under the Commvault Employee Stock Purchase Plan on February 13, 2026.

Represents shares automatically sold solely to satisfy tax withholding obligations of reporting person on vesting of restricted and performance stock. Proceeds from the sale were submitted to the Internal Revenue Service.

The common stock is being granted as restricted stock units and is subject to a 3-year vesting schedule, as follows: 33% will vest on the first anniversary of the grant date and 8.375% will vest at the end of each successive three-month period thereafter.

Includes shares purchased under the Commvault Employee Stock Purchase Plan on February 13, 2026.

The sale reported in this Form 4 was effected pursuant to an existing Rule 10b5-1 trading plan adopted by the reporting person on November 18, 2024.

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $119.31 to $120.29, 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.

The sale reported in this Form 4 was effected pursuant to an existing Rule 10b5-1 trading plan adopted by the reporting person on November 18, 2024.

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $121.45 to $122.40, 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.

The sale reported in this Form 4 was effected pursuant to an existing Rule 10b5-1 trading plan adopted by the reporting person on November 20, 2024, as amended on June 13, 2025.