Company: CVLT
Filing Date: 2025-06-25
Form Type: DEF 14A
Source: 0001169561-25-000059
Chunk: 38

Company: COMMVAULT SYSTEMS INC
Filing Date: 2025-06-25
Form: DEF 14A
Chunk 38
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                |                    | 20,455 |     |           |  4,343,569 |
|                             |     | 2023 |     | 408,846 |            |     | — |           |              |  1,890,383 |     |   176,382 |                |                    |  6,146 |     |           |  2,481,757 |

1. The amounts reported in this column represent the grant date fair value of the RSU awards and PSU awards granted during the fiscal year indicated as computed in accordance with FASB ASC Topic 718. The amounts shown disregard estimated forfeitures related to service-based vesting conditions and assume PSUs at target (100%). If the PSU awards are achieved at the maximum (300%), this would result in stock award values of $39,567,414 (for Mr. Mirchandani), $10,560,947 (for Ms. DiRico), and $14,243,687 (for Mr. Merrill) in fiscal 2025. See our consolidated financial statements contained in our Annual Report on Form 10-K for the year ended March 31, 2025, for a discussion of the assumptions we made in determining the grant date fair value of such awards.

2. The amounts reported in this column consist of annual cash incentive bonuses earned during the fiscal year indicated and are more fully described in “Fiscal 2025 Compensation Decisions” under the heading “Annual Incentive Plan” in the Compensation Discussion and Analysis. Ms. DiRico’s bonus was pro-rated based upon her August 12, 2024 hire date.

3. Mr. Mirchandani’ s other annual compensation in fiscal 2025 included $6,442 related to his 401(k) plan company matching contributions, $11,360 for financial and estate planning, $2,200 for executive physicals, and $11,636 related to the use of a corporate car. Mr. Merrill’s other annual compensation in fiscal 2025 included $6,256 related to his 401(k) plan company matching contributions, $14,518 for financial and estate planning, and $2,150 for executive physicals.

4. Ms. DiRico was appointed as our CFO effective as of August 12, 2024. Effective as of the same date, Mr. Merrill transitioned from the role of CFO to CCO.

#### 41COMMVAULT SYSTEMS, INC. |