COMMVAULT SYSTEMS, INC. (NASDAQ:CVLT) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
(d) On February 2, 2018, the Board of Directors of Commvault Systems, Inc. (Commvault) appointed Vivie (“YY”) Lee as a Class II Director of Commvault, to hold office until Commvault’s 2018 Annual Meeting of Stockholders.
Upon appointment to the Commvault Board of Directors, YY Lee received an annual director retainer consisting of cash and restricted stock units, each in accordance with Commvault’s non-employee director compensation policy, prorated to reflect her partial year term as a director. Commvault’s non-employee director compensation policy is described under the heading “Director Compensation” on pages 35 and 36 of Commvault’s proxy statement for its 2017 Annual Meeting of Stockholders, as filed with the SEC on July 5, 2017, and is hereby incorporated by reference herein.
A copy of the press release announcing YY Lee’s appointment is attached as Exhibit 99.1 hereto and incorporated by reference herein.
Item 9.01.Financial Statements and Exhibits
(d) Exhibits
Exhibit No.Description
COMMVAULT SYSTEMS INC ExhibitEX-99.1 2 commvaultaddsnewboardmembe.htm EXHIBIT 99.1 Exhibit Media Contact: Investor Relations Contact:Leo TigniniMichael PicarielloCommvaultCommvault732-728-5378732-728-5380ltignini@commvault.com@[email protected] Lee Joins Commvault Board as Independent Director–Brings Expertise in Data Analytics to the Company – an Area of Commvault’s Future– — Adds Silicon Valley and Entrepreneurial Mindset to Commvault Board—TINTON FALLS,…To view the full exhibit click here
About COMMVAULT SYSTEMS, INC. (NASDAQ:CVLT)
CommVault Systems, Inc. (CommVault) is a provider of data and information management software applications and related services. The Company develops, markets and sells a suite of software applications and services, primarily in North America, Europe, Australia and Asia, that provides its customers with data protection solutions supporting all operating systems, applications, and databases on virtual and physical servers, Network Attached Storage (NAS) shares, cloud-based infrastructures, and mobile devices; management through a single console; multiple protection methods, including backup and archive, snapshot management, replication, and content indexing for eDiscovery; storage management using deduplication for disk, tape and cloud; integration with the storage arrays; complete virtual infrastructure management supporting multiple hypervisors; security capabilities to limit access to critical data, and policy-based data management.
