---
schema_version: "secwatch.filing_event.v1"
accession: "0001169561-23-000130"
form_type: "8-K"
ticker: "CVLT"
cik: "0001169561"
company_name: "COMMVAULT SYSTEMS INC"
filed_at: "2023-08-31T23:59:59+00:00"
generated_at: "2026-06-11T00:59:31.467725+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Commvault stockholders approve officer exculpation charter amendment and 3.2M share increase

## Summary
- All nine director nominees elected with strong support; highest votes for Shane Sanders (37.6M for).
- Officer exculpation charter amendment approved 32.8M for vs 4.95M against; filed Aug 30, 2023.
- Advisory say-on-pay passed 36.3M for; board sets future frequency at one year.
- Ratification of Ernst & Young as FY2024 auditor approved 38.8M for (no broker non-votes).
- 3.2M additional shares under 2016 Omnibus Incentive Plan approved 35.0M for.

## SEC filing metadata
- accession: 0001169561-23-000130
- form_type: 8-K
- ticker: CVLT
- cik: 0001169561
- company_name: COMMVAULT SYSTEMS INC
- filed_at: 2023-08-31T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02, 5.07, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1169561/000116956123000130/0001169561-23-000130-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1169561/000116956123000130/cvlt-20230829.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001169561-23-000130
- JSON: https://secwatch.observer/filing/0001169561-23-000130.json
- Plain text: https://secwatch.observer/filing/0001169561-23-000130.txt

## Key facts
- Governance Changes
  COMMVAULT SYSTEMS INC: Stockholders approved an amendment to the Amended and Restated Certificate of Incorporation to include officer exculpation, effective upon filing with the Secretary of State of Delaware on August 30, 2023 (effective 2023-08-30).
  - Change: charter amendment
  - Effective: 2023-08-30
  source text: The Certificate of Amendment of the Charter (the “Certificate of Amendment”) became effective upon filing thereof with the Secretary of State of Delaware on August 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1169561/000116956123000130/0001169561-23-000130-index.htm
- Shareholder Votes
  COMMVAULT SYSTEMS INC shareholders approved Increase of 3,200,000 shares available for issuance under the Company's 2016 Omnibus Incentive Plan at the 2023-08-29 meeting.
  - Proposal: equity plan
  - Outcome: passed
  - Meeting: 2023-08-29
  source text: Commvault Systems, Inc. (the "Company") held its 2023 Annual Meeting of Stockholders (the "Annual Meeting") on August 29, 2023, where the Company's stockholders approved an increase of 3,200,000 shares available for issuance under the Company's 2016 Omnibus Incentive Plan, as amended (the "Incentive Plan").
  evidence_url: https://www.sec.gov/Archives/edgar/data/1169561/000116956123000130/0001169561-23-000130-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.