COMMVAULT SYSTEMS INC
For the period ended Dec 31, 2024. Filed Jan 29, 2025.
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Dec 31, 2024 · Filed Jan 29, 2025
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Item 5. Other Information
On November 14, 2024, Shane Sanders, amember of our Board of Directors, adopted a Rule 10b5-1 trading arrangement intended to satisfy the affirmative defense of Rule 10b5-1(c) for the sale of up to approximately 600 shares of the Company’s common stock. The plan is in effect until August 20, 2025.
On November 18, 2024, Sanjay Mirchandani, Chief Executive Officer, adopted a Rule 10b5-1 trading arrangement intended to satisfy the affirmative defense of Rule 10b5-1(c) for the sale of up to approximately 86,000 shares of the Company’s common stock. The plan is in effect until December 31, 2025.
On November 20, 2024, Gary Merrill, Chief Commercial Officer, adopted a Rule 10b5-1 trading arrangement intended to satisfy the affirmative defense of Rule 10b5-1(c) for the sale of up to approximately 37,000 shares of the Company’s common stock. The plan is in effect until May 29, 2026.
On November 25, 2024, Nicholas Adamo, Chairman of our Board of Directors, adopted a Rule 10b5-1 trading arrangement intended to satisfy the affirmative defense of Rule 10b5-1(c) for the sale of 1,500 shares of the Company’s common stock. The plan is in effect until November 25, 2025.
During the three months ended December 31, 2024, no other directors or officers of the Company adopted, modified orterminated any Rule 10b5-1 trading arrangement or “Non-Rule 10b5-1 trading arrangement” as each term is defined in Item 408 of Regulation S-K.
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