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0001169561 4 2025-04-01 2026-03-31 iso4217:USD COMMVAULT SYSTEMS INC 0001169561 DEF 14A false true We grant equity awards on an annual basis at approximately the same time every year and may grant equity awards on a discretionary basis in connection with certain events such as the commencement of employment or promotion. We do not grant equity awards in anticipation of the release of material nonpublic information, and we do not time the release of material nonpublic information for the purpose of affecting the value of executive compensation. We grant equity awards on an annual basis at approximately the same time every year and may grant equity awards on a discretionary basis in connection with certain events such as the commencement of employment or promotion.  true We do not grant equity awards in anticipation of the release of material nonpublic information true false <div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:6.538%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.983%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.983%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.983%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.983%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.483%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:8.483%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:10.983%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:11.681%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:center;text-indent:6pt">Value on Initial Fixed $100 Investment(3)</div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:1pt;text-align:right;text-indent:6pt">Year(1)</div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom">Summary Compensation Table Total for PEO</td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right">Compensation Actually Paid for PEO(2)</div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom">Average Summary Compensation Table Total for Non-PEO NEOs</td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right">Average Compensation Actually Paid for Non-PEO NEOs(2)</div></td><td colspan="3" style="border-top:0.5pt solid #844896;padding:2px 1pt;text-align:right;vertical-align:bottom">TSR</td><td colspan="3" style="border-top:0.5pt solid #844896;padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right">Peer Group TSR(4)</div></td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:bottom">Net Income /(Loss)</td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="text-align:right">Revenue(5)</div></td></tr><tr><td colspan="3" style="background-color:#eaeaea;border-top:0.5pt solid #844896;padding:2px 6.3pt 2px 1pt;text-align:right;vertical-align:middle">2026</td><td colspan="3" style="background-color:#eaeaea;border-top:0.5pt solid #844896;padding:2px 1pt;text-align:right;vertical-align:middle">$19,909,500</td><td colspan="3" style="background-color:#eaeaea;border-top:0.5pt solid #844896;padding:2px 1pt;text-align:right;vertical-align:middle">$(3,617,162)</td><td colspan="3" style="background-color:#eaeaea;border-top:0.5pt solid #844896;padding:2px 1pt;text-align:right;vertical-align:middle">$4,964,975</td><td colspan="3" style="background-color:#eaeaea;border-top:0.5pt solid #844896;padding:2px 1pt;text-align:right;vertical-align:middle">$(827,299)</td><td colspan="3" style="background-color:#eaeaea;border-top:0.5pt solid #844896;padding:2px 1pt;text-align:right;vertical-align:middle">$121</td><td colspan="3" style="background-color:#eaeaea;border-top:0.5pt solid #844896;padding:2px 1pt;text-align:right;vertical-align:middle">$226</td><td colspan="3" style="background-color:#eaeaea;border-top:0.5pt solid #844896;padding:2px 1pt;text-align:right;vertical-align:middle">$70,657,000</td><td colspan="3" style="background-color:#eaeaea;border-top:0.5pt solid #844896;padding:2px 1pt;text-align:right;vertical-align:middle">$1,183,690,000</td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 6.3pt 2px 1pt;text-align:right;vertical-align:middle">2025</td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle">$18,811,603</td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle">$42,127,082</td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle">$7,057,946</td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle">$11,393,342</td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle">$245</td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle">$169</td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle">$76,106,000</td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle">$995,619,000</td></tr><tr><td colspan="3" style="background-color:#eaeaea;padding:2px 6.3pt 2px 1pt;text-align:right;vertical-align:middle">2024</td><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt;text-align:right;vertical-align:middle">$12,107,760</td><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt;text-align:right;vertical-align:middle">$30,293,753</td><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt;text-align:right;vertical-align:middle">$3,901,453</td><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt;text-align:right;vertical-align:middle">$3,890,783</td><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt;text-align:right;vertical-align:middle">$157</td><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt;text-align:right;vertical-align:middle">$161</td><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt;text-align:right;vertical-align:middle">$168,906,000</td><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt;text-align:right;vertical-align:middle">$839,247,000</td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 6.3pt 2px 1pt;text-align:right;vertical-align:middle">2023</td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle">$10,852,803</td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle">$8,128,462</td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle">$3,237,743</td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle">$1,706,699</td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle">$88</td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle">$108</td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle">$(35,774,000)</td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt;text-align:right;vertical-align:middle">$784,590,000</td></tr><tr><td colspan="3" style="background-color:#eaeaea;padding:2px 6.3pt 2px 1pt;text-align:right;vertical-align:middle">2022</td><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt;text-align:right;vertical-align:middle">$10,760,212</td><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt;text-align:right;vertical-align:middle">$11,275,932</td><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt;text-align:right;vertical-align:middle">$3,342,790</td><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt;text-align:right;vertical-align:middle">$3,534,151</td><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt;text-align:right;vertical-align:middle">$103</td><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt;text-align:right;vertical-align:middle">$120</td><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt;text-align:right;vertical-align:middle">$33,624,000</td><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt;text-align:right;vertical-align:middle">$769,591,000</td></tr></table></div> Revenue 19909500 -3617162 4964975 -827299 121 226

70657000

1183690000 18811603 42127082 7057946 11393342 245 169

76106000

995619000 12107760 30293753 3901453 3890783 157 161

168906000

839247000 10852803 8128462 3237743 1706699 88 108

-35774000

784590000 10760212 11275932 3342790 3534151 103 120

33624000

769591000 During fiscal years 2026, 2025, 2024, 2023, and 2022 our PEO and non-PEO NEOs were as follows:<div style="padding-left:18pt;padding-right:18pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:76.666%"><tr><td style="width:1.0%"></td><td style="width:10.313%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:31.508%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:54.879%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:1pt;text-indent:6pt">Year</div></td><td colspan="3" style="padding:2px 1pt;text-align:left;text-indent:6pt;vertical-align:bottom">PEO (CEO)</td><td colspan="3" style="padding:2px 1pt;text-align:left;text-indent:6pt;vertical-align:bottom">Non-PEO (NEOs)</td></tr><tr><td colspan="3" style="background-color:#eaeaea;border-top:1pt solid #a376b0;padding:2px 1pt 2px 6.3pt;text-align:left;vertical-align:middle">2026</td><td colspan="3" style="background-color:#eaeaea;border-top:1pt solid #a376b0;padding:2px 1pt 2px 6.3pt;text-align:left;vertical-align:middle">Sanjay Mirchandani</td><td colspan="3" style="background-color:#eaeaea;border-top:1pt solid #a376b0;padding:2px 1pt 2px 6.3pt;text-align:left;vertical-align:middle">Gary Merrill, Danielle Abrahamsen, Jen DiRico</td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 6.3pt;text-align:left;vertical-align:middle">2025</td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 6.3pt;text-align:left;vertical-align:middle">Sanjay Mirchandani</td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 6.3pt;text-align:left;vertical-align:middle">Jen DiRico, Gary Merrill</td></tr><tr><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt 2px 6.3pt;text-align:left;vertical-align:middle">2024</td><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt 2px 6.3pt;text-align:left;vertical-align:middle">Sanjay Mirchandani</td><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt 2px 6.3pt;text-align:left;vertical-align:middle">Gary Merrill, Riccardo Di Blasio</td></tr><tr><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 6.3pt;text-align:left;vertical-align:middle">2023</td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 6.3pt;text-align:left;vertical-align:middle">Sanjay Mirchandani</td><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 6.3pt;text-align:left;vertical-align:middle">Gary Merrill, Riccardo Di Blasio, Brian Carolan</td></tr><tr><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt 2px 6.3pt;text-align:left;vertical-align:middle">2022</td><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt 2px 6.3pt;text-align:left;vertical-align:middle">Sanjay Mirchandani</td><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt 2px 6.3pt;text-align:left;vertical-align:middle">Riccardo Di Blasio, Brian Carolan</td></tr></table></div> Sanjay Mirchandani Sanjay Mirchandani Sanjay Mirchandani Sanjay Mirchandani Sanjay Mirchandani The dollar amounts reported in these columns represent the amount of “compensation actually paid” to our PEO and Non-PEO NEOs in each respective year. The dollar amounts do not reflect the actual amount of compensation earned or received during the applicable fiscal year. There are no material differences between the assumptions used to compute the valuation of the equity awards for calculating the compensation actually paid from the assumptions used to compute the valuation of such equity awards as of the grant date. In accordance with the requirements of Item 402(v) of Regulation S-K, the following adjustments were made to the total compensation of our PEO and non-PEO NEOs for each year to determine the “compensation actually paid”:<div style="padding-left:18pt;padding-right:18pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:95.694%"><tr><td style="width:1.0%"></td><td style="width:2.383%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.688%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.688%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.688%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.930%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.930%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.930%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.930%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.933%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="border-bottom:0.5pt solid #844896;padding:2px 1pt;text-align:left;text-indent:6pt;vertical-align:bottom">PEO</td><td colspan="3" style="padding:2px 1pt;text-align:right;text-indent:6pt;vertical-align:bottom">2022</td><td colspan="3" style="padding:2px 1pt;text-align:right;text-indent:6pt;vertical-align:bottom">2023</td><td colspan="3" style="padding:2px 1pt;text-align:right;text-indent:6pt;vertical-align:bottom">2024</td><td colspan="3" style="padding:2px 1pt;text-align:right;text-indent:6pt;vertical-align:bottom">2025</td><td colspan="3" style="padding:2px 1pt;text-align:right;text-indent:6pt;vertical-align:bottom">2026</td></tr><tr><td colspan="3" style="background-color:#eaeaea;border-top:0.5pt solid #844896;padding:0 1pt"></td><td colspan="9" style="background-color:#eaeaea;border-top:0.5pt solid #844896;padding:2px 1pt;text-align:left;vertical-align:middle">Summary Compensation Table - Total Compensation</td><td colspan="3" style="background-color:#eaeaea;border-top:0.5pt solid #844896;padding:2px 1pt;text-align:right;vertical-align:middle">$10,760,212</td><td colspan="3" style="background-color:#eaeaea;border-top:0.5pt solid #844896;padding:2px 1pt;text-align:right;vertical-align:middle">$10,852,803</td><td colspan="3" style="background-color:#eaeaea;border-top:0.5pt solid #844896;padding:2px 1pt;text-align:right;vertical-align:middle">$12,107,760</td><td colspan="3" style="background-color:#eaeaea;border-top:0.5pt solid #844896;padding:2px 1pt;text-align:right;vertical-align:middle">$18,811,603</td><td colspan="3" style="background-color:#eaeaea;border-top:0.5pt solid #844896;padding:2px 1pt;text-align:right;vertical-align:middle">$19,909,500</td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 6.3pt;text-align:left;vertical-align:middle">-</td><td colspan="9" style="padding:2px 1pt;text-align:left;vertical-align:middle">Grant Date Fair Value of Stock Awards and Option Awards Granted in Fiscal Year</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">$9,413,382</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">$9,722,388</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">$10,694,658</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">$16,522,465</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">$18,046,786</td></tr><tr><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt 2px 6.3pt;text-align:left;vertical-align:middle">+</td><td colspan="9" style="background-color:#eaeaea;padding:2px 1pt;text-align:left;vertical-align:middle">Fair Value at Fiscal Year End of Outstanding and Unvested Stock Awards and Option Awards Granted in Fiscal Year</td><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt;text-align:right;vertical-align:middle">$10,030,014</td><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt;text-align:right;vertical-align:middle">$9,814,556</td><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt;text-align:right;vertical-align:middle">$19,279,768</td><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt;text-align:right;vertical-align:middle">$25,421,345</td><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt;text-align:right;vertical-align:middle">$5,437,745</td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 6.3pt;text-align:left;vertical-align:middle">+</td><td colspan="9" style="padding:2px 1pt;text-align:left;vertical-align:middle">Change in Fair Value of Outstanding and Unvested Stock Awards and Option Awards Granted in Prior Fiscal Years</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">$(616,535)</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">$(1,773,893)</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">$7,094,774</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">$8,621,030</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">$(13,227,555)</td></tr><tr><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt 2px 6.3pt;text-align:left;vertical-align:middle">+</td><td colspan="9" style="background-color:#eaeaea;padding:2px 1pt;text-align:left;vertical-align:middle">Fair Value at Vesting of Stock Awards and Option Awards Granted in Fiscal Year That Vested During Fiscal Year</td><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt;text-align:right;vertical-align:middle">$—</td><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt;text-align:right;vertical-align:middle">$—</td><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt;text-align:right;vertical-align:middle">$—</td><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt;text-align:right;vertical-align:middle">$—</td><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt;text-align:right;vertical-align:middle">$—</td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 6.3pt;text-align:left;vertical-align:middle">+</td><td colspan="9" style="padding:2px 1pt;text-align:left;vertical-align:middle">Change in Fair Value as of Vesting Date of Stock Awards and Option Awards Granted in Prior Fiscal Years For Which Applicable Vesting Conditions Were Satisfied During Fiscal Year</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">$515,623</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">$(1,042,616)</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">$2,506,109</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">$5,795,569</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">$2,309,934</td></tr><tr><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt 2px 6.3pt;text-align:left;vertical-align:middle">-</td><td colspan="9" style="background-color:#eaeaea;padding:2px 1pt;text-align:left;vertical-align:middle">Fair Value as of Prior Fiscal Year End of Stock Awards and Option Awards Granted in Fiscal Years That Failed to Meet Applicable Vesting Conditions During Fiscal Year</td><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt;text-align:right;vertical-align:middle">$—</td><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt;text-align:right;vertical-align:middle">$—</td><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt;text-align:right;vertical-align:middle">$—</td><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt;text-align:right;vertical-align:middle">$—</td><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt;text-align:right;vertical-align:middle">$—</td></tr><tr><td colspan="3" style="background-color:#00053b;padding:2px 1pt 2px 6.3pt;text-align:left;vertical-align:middle">=</td><td colspan="9" style="background-color:#00053b;padding:2px 1pt;text-align:left;vertical-align:middle">Compensation Actually Paid</td><td colspan="3" style="background-color:#00053b;padding:2px 1pt;text-align:right;vertical-align:middle">$11,275,932</td><td colspan="3" style="background-color:#00053b;padding:2px 1pt;text-align:right;vertical-align:middle">$8,128,462</td><td colspan="3" style="background-color:#00053b;padding:2px 1pt;text-align:right;vertical-align:middle">$30,293,753</td><td colspan="3" style="background-color:#00053b;padding:2px 1pt;text-align:right;vertical-align:middle">$42,127,082</td><td colspan="3" style="background-color:#00053b;padding:2px 1pt;text-align:right;vertical-align:middle">$(3,617,162)</td></tr></table></div><div> </div><div style="padding-left:18pt;padding-right:18pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:95.694%"><tr><td style="width:1.0%"></td><td style="width:2.383%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.688%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.688%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.688%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.930%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.930%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.930%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.930%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.933%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="border-bottom:0.5pt solid #844896;padding:2px 1pt;text-align:left;text-indent:6pt;vertical-align:bottom">NEO Average</td><td colspan="3" style="padding:2px 1pt;text-align:right;text-indent:6pt;vertical-align:bottom">2022</td><td colspan="3" style="padding:2px 1pt;text-align:right;text-indent:6pt;vertical-align:bottom">2023</td><td colspan="3" style="padding:2px 1pt;text-align:right;text-indent:6pt;vertical-align:bottom">2024</td><td colspan="3" style="padding:2px 1pt;text-align:right;text-indent:6pt;vertical-align:bottom">2025</td><td colspan="3" style="padding:2px 1pt;text-align:right;text-indent:6pt;vertical-align:bottom">2026</td></tr><tr><td colspan="3" style="background-color:#eaeaea;border-top:0.5pt solid #844896;padding:0 1pt"></td><td colspan="9" style="background-color:#eaeaea;border-top:0.5pt solid #844896;padding:2px 1pt;text-align:left;vertical-align:middle">Summary Compensation Table - Total Compensation</td><td colspan="3" style="background-color:#eaeaea;border-top:0.5pt solid #844896;padding:2px 1pt;text-align:right;vertical-align:middle">$3,342,790</td><td colspan="3" style="background-color:#eaeaea;border-top:0.5pt solid #844896;padding:2px 1pt;text-align:right;vertical-align:middle">$3,237,743</td><td colspan="3" style="background-color:#eaeaea;border-top:0.5pt solid #844896;padding:2px 1pt;text-align:right;vertical-align:middle">$3,901,453</td><td colspan="3" style="background-color:#eaeaea;border-top:0.5pt solid #844896;padding:2px 1pt;text-align:right;vertical-align:middle">$7,057,946</td><td colspan="3" style="background-color:#eaeaea;border-top:0.5pt solid #844896;padding:2px 1pt;text-align:right;vertical-align:middle">$4,964,975</td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 6.3pt;text-align:left;vertical-align:middle">-</td><td colspan="9" style="padding:2px 1pt;text-align:left;vertical-align:middle">Grant Date Fair Value of Stock Awards and Option Awards Granted in Fiscal Year</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">$2,491,707</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">$2,559,448</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">$3,142,162</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">$6,048,230</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">$4,195,544</td></tr><tr><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt 2px 6.3pt;text-align:left;vertical-align:middle">+</td><td colspan="9" style="background-color:#eaeaea;padding:2px 1pt;text-align:left;vertical-align:middle">Fair Value at Fiscal Year End of Outstanding and Unvested Stock Awards and Option Awards Granted in Fiscal Year</td><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt;text-align:right;vertical-align:middle">$2,655,470</td><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt;text-align:right;vertical-align:middle">$2,185,843</td><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt;text-align:right;vertical-align:middle">$3,179,994</td><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt;text-align:right;vertical-align:middle">$8,385,381</td><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt;text-align:right;vertical-align:middle">$762,404</td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 6.3pt;text-align:left;vertical-align:middle">+</td><td colspan="9" style="padding:2px 1pt;text-align:left;vertical-align:middle">Change in Fair Value of Outstanding and Unvested Stock Awards and Option Awards Granted in Prior Fiscal Years</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">$(165,930)</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">$(924,865)</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">$625,474</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">$1,264,427</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">$(1,705,358)</td></tr><tr><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt 2px 6.3pt;text-align:left;vertical-align:middle">+</td><td colspan="9" style="background-color:#eaeaea;padding:2px 1pt;text-align:left;vertical-align:middle">Fair Value at Vesting of Stock Awards and Option Awards Granted in Fiscal Year That Vested During Fiscal Year</td><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt;text-align:right;vertical-align:middle">$—</td><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt;text-align:right;vertical-align:middle">$287,324</td><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt;text-align:right;vertical-align:middle">$—</td><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt;text-align:right;vertical-align:middle">$—</td><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt;text-align:right;vertical-align:middle">$—</td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 6.3pt;text-align:left;vertical-align:middle">+</td><td colspan="9" style="padding:2px 1pt;text-align:left;vertical-align:middle">Change in Fair Value as of Vesting Date of Stock Awards and Option Awards Granted in Prior Fiscal Years For Which Applicable Vesting Conditions Were Satisfied During Fiscal Year</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">$193,528</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">$(209,402)</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">$432,318</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">$733,818</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">$463,362</td></tr><tr><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt 2px 6.3pt;text-align:left;vertical-align:middle">-</td><td colspan="9" style="background-color:#eaeaea;padding:2px 1pt;text-align:left;vertical-align:middle">Fair Value as of Prior Fiscal Year End of Stock Awards and Option Awards Granted in Fiscal Years That Failed to Meet Applicable Vesting Conditions During Fiscal Year</td><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt;text-align:right;vertical-align:middle">$—</td><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt;text-align:right;vertical-align:middle">$310,496</td><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt;text-align:right;vertical-align:middle">$1,106,294</td><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt;text-align:right;vertical-align:middle">$—</td><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt;text-align:right;vertical-align:middle">$1,117,138</td></tr><tr><td colspan="3" style="background-color:#00053b;padding:2px 1pt 2px 6.3pt;text-align:left;vertical-align:middle">=</td><td colspan="9" style="background-color:#00053b;padding:2px 1pt;text-align:left;vertical-align:middle">Compensation Actually Paid</td><td colspan="3" style="background-color:#00053b;padding:2px 1pt;text-align:right;vertical-align:middle">$3,534,151</td><td colspan="3" style="background-color:#00053b;padding:2px 1pt;text-align:right;vertical-align:middle">$1,706,699</td><td colspan="3" style="background-color:#00053b;padding:2px 1pt;text-align:right;vertical-align:middle">$3,890,783</td><td colspan="3" style="background-color:#00053b;padding:2px 1pt;text-align:right;vertical-align:middle">$11,393,342</td><td colspan="3" style="background-color:#00053b;padding:2px 1pt;text-align:right;vertical-align:middle">$(827,299)</td></tr></table></div> The dollar amounts reported in these columns represent the amount of “compensation actually paid” to our PEO and Non-PEO NEOs in each respective year. The dollar amounts do not reflect the actual amount of compensation earned or received during the applicable fiscal year. There are no material differences between the assumptions used to compute the valuation of the equity awards for calculating the compensation actually paid from the assumptions used to compute the valuation of such equity awards as of the grant date. In accordance with the requirements of Item 402(v) of Regulation S-K, the following adjustments were made to the total compensation of our PEO and non-PEO NEOs for each year to determine the “compensation actually paid”:<div style="padding-left:18pt;padding-right:18pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:95.694%"><tr><td style="width:1.0%"></td><td style="width:2.383%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.688%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.688%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.688%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.930%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.930%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.930%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.930%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.933%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="border-bottom:0.5pt solid #844896;padding:2px 1pt;text-align:left;text-indent:6pt;vertical-align:bottom">PEO</td><td colspan="3" style="padding:2px 1pt;text-align:right;text-indent:6pt;vertical-align:bottom">2022</td><td colspan="3" style="padding:2px 1pt;text-align:right;text-indent:6pt;vertical-align:bottom">2023</td><td colspan="3" style="padding:2px 1pt;text-align:right;text-indent:6pt;vertical-align:bottom">2024</td><td colspan="3" style="padding:2px 1pt;text-align:right;text-indent:6pt;vertical-align:bottom">2025</td><td colspan="3" style="padding:2px 1pt;text-align:right;text-indent:6pt;vertical-align:bottom">2026</td></tr><tr><td colspan="3" style="background-color:#eaeaea;border-top:0.5pt solid #844896;padding:0 1pt"></td><td colspan="9" style="background-color:#eaeaea;border-top:0.5pt solid #844896;padding:2px 1pt;text-align:left;vertical-align:middle">Summary Compensation Table - Total Compensation</td><td colspan="3" style="background-color:#eaeaea;border-top:0.5pt solid #844896;padding:2px 1pt;text-align:right;vertical-align:middle">$10,760,212</td><td colspan="3" style="background-color:#eaeaea;border-top:0.5pt solid #844896;padding:2px 1pt;text-align:right;vertical-align:middle">$10,852,803</td><td colspan="3" style="background-color:#eaeaea;border-top:0.5pt solid #844896;padding:2px 1pt;text-align:right;vertical-align:middle">$12,107,760</td><td colspan="3" style="background-color:#eaeaea;border-top:0.5pt solid #844896;padding:2px 1pt;text-align:right;vertical-align:middle">$18,811,603</td><td colspan="3" style="background-color:#eaeaea;border-top:0.5pt solid #844896;padding:2px 1pt;text-align:right;vertical-align:middle">$19,909,500</td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 6.3pt;text-align:left;vertical-align:middle">-</td><td colspan="9" style="padding:2px 1pt;text-align:left;vertical-align:middle">Grant Date Fair Value of Stock Awards and Option Awards Granted in Fiscal Year</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">$9,413,382</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">$9,722,388</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">$10,694,658</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">$16,522,465</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">$18,046,786</td></tr><tr><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt 2px 6.3pt;text-align:left;vertical-align:middle">+</td><td colspan="9" style="background-color:#eaeaea;padding:2px 1pt;text-align:left;vertical-align:middle">Fair Value at Fiscal Year End of Outstanding and Unvested Stock Awards and Option Awards Granted in Fiscal Year</td><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt;text-align:right;vertical-align:middle">$10,030,014</td><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt;text-align:right;vertical-align:middle">$9,814,556</td><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt;text-align:right;vertical-align:middle">$19,279,768</td><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt;text-align:right;vertical-align:middle">$25,421,345</td><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt;text-align:right;vertical-align:middle">$5,437,745</td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 6.3pt;text-align:left;vertical-align:middle">+</td><td colspan="9" style="padding:2px 1pt;text-align:left;vertical-align:middle">Change in Fair Value of Outstanding and Unvested Stock Awards and Option Awards Granted in Prior Fiscal Years</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">$(616,535)</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">$(1,773,893)</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">$7,094,774</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">$8,621,030</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">$(13,227,555)</td></tr><tr><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt 2px 6.3pt;text-align:left;vertical-align:middle">+</td><td colspan="9" style="background-color:#eaeaea;padding:2px 1pt;text-align:left;vertical-align:middle">Fair Value at Vesting of Stock Awards and Option Awards Granted in Fiscal Year That Vested During Fiscal Year</td><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt;text-align:right;vertical-align:middle">$—</td><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt;text-align:right;vertical-align:middle">$—</td><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt;text-align:right;vertical-align:middle">$—</td><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt;text-align:right;vertical-align:middle">$—</td><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt;text-align:right;vertical-align:middle">$—</td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 6.3pt;text-align:left;vertical-align:middle">+</td><td colspan="9" style="padding:2px 1pt;text-align:left;vertical-align:middle">Change in Fair Value as of Vesting Date of Stock Awards and Option Awards Granted in Prior Fiscal Years For Which Applicable Vesting Conditions Were Satisfied During Fiscal Year</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">$515,623</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">$(1,042,616)</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">$2,506,109</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">$5,795,569</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">$2,309,934</td></tr><tr><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt 2px 6.3pt;text-align:left;vertical-align:middle">-</td><td colspan="9" style="background-color:#eaeaea;padding:2px 1pt;text-align:left;vertical-align:middle">Fair Value as of Prior Fiscal Year End of Stock Awards and Option Awards Granted in Fiscal Years That Failed to Meet Applicable Vesting Conditions During Fiscal Year</td><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt;text-align:right;vertical-align:middle">$—</td><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt;text-align:right;vertical-align:middle">$—</td><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt;text-align:right;vertical-align:middle">$—</td><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt;text-align:right;vertical-align:middle">$—</td><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt;text-align:right;vertical-align:middle">$—</td></tr><tr><td colspan="3" style="background-color:#00053b;padding:2px 1pt 2px 6.3pt;text-align:left;vertical-align:middle">=</td><td colspan="9" style="background-color:#00053b;padding:2px 1pt;text-align:left;vertical-align:middle">Compensation Actually Paid</td><td colspan="3" style="background-color:#00053b;padding:2px 1pt;text-align:right;vertical-align:middle">$11,275,932</td><td colspan="3" style="background-color:#00053b;padding:2px 1pt;text-align:right;vertical-align:middle">$8,128,462</td><td colspan="3" style="background-color:#00053b;padding:2px 1pt;text-align:right;vertical-align:middle">$30,293,753</td><td colspan="3" style="background-color:#00053b;padding:2px 1pt;text-align:right;vertical-align:middle">$42,127,082</td><td colspan="3" style="background-color:#00053b;padding:2px 1pt;text-align:right;vertical-align:middle">$(3,617,162)</td></tr></table></div><div> </div><div style="padding-left:18pt;padding-right:18pt;text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:95.694%"><tr><td style="width:1.0%"></td><td style="width:2.383%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.688%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.688%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:12.688%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.930%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.930%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.930%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.930%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:9.933%"></td><td style="width:0.1%"></td></tr><tr><td colspan="12" style="border-bottom:0.5pt solid #844896;padding:2px 1pt;text-align:left;text-indent:6pt;vertical-align:bottom">NEO Average</td><td colspan="3" style="padding:2px 1pt;text-align:right;text-indent:6pt;vertical-align:bottom">2022</td><td colspan="3" style="padding:2px 1pt;text-align:right;text-indent:6pt;vertical-align:bottom">2023</td><td colspan="3" style="padding:2px 1pt;text-align:right;text-indent:6pt;vertical-align:bottom">2024</td><td colspan="3" style="padding:2px 1pt;text-align:right;text-indent:6pt;vertical-align:bottom">2025</td><td colspan="3" style="padding:2px 1pt;text-align:right;text-indent:6pt;vertical-align:bottom">2026</td></tr><tr><td colspan="3" style="background-color:#eaeaea;border-top:0.5pt solid #844896;padding:0 1pt"></td><td colspan="9" style="background-color:#eaeaea;border-top:0.5pt solid #844896;padding:2px 1pt;text-align:left;vertical-align:middle">Summary Compensation Table - Total Compensation</td><td colspan="3" style="background-color:#eaeaea;border-top:0.5pt solid #844896;padding:2px 1pt;text-align:right;vertical-align:middle">$3,342,790</td><td colspan="3" style="background-color:#eaeaea;border-top:0.5pt solid #844896;padding:2px 1pt;text-align:right;vertical-align:middle">$3,237,743</td><td colspan="3" style="background-color:#eaeaea;border-top:0.5pt solid #844896;padding:2px 1pt;text-align:right;vertical-align:middle">$3,901,453</td><td colspan="3" style="background-color:#eaeaea;border-top:0.5pt solid #844896;padding:2px 1pt;text-align:right;vertical-align:middle">$7,057,946</td><td colspan="3" style="background-color:#eaeaea;border-top:0.5pt solid #844896;padding:2px 1pt;text-align:right;vertical-align:middle">$4,964,975</td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 6.3pt;text-align:left;vertical-align:middle">-</td><td colspan="9" style="padding:2px 1pt;text-align:left;vertical-align:middle">Grant Date Fair Value of Stock Awards and Option Awards Granted in Fiscal Year</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">$2,491,707</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">$2,559,448</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">$3,142,162</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">$6,048,230</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">$4,195,544</td></tr><tr><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt 2px 6.3pt;text-align:left;vertical-align:middle">+</td><td colspan="9" style="background-color:#eaeaea;padding:2px 1pt;text-align:left;vertical-align:middle">Fair Value at Fiscal Year End of Outstanding and Unvested Stock Awards and Option Awards Granted in Fiscal Year</td><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt;text-align:right;vertical-align:middle">$2,655,470</td><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt;text-align:right;vertical-align:middle">$2,185,843</td><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt;text-align:right;vertical-align:middle">$3,179,994</td><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt;text-align:right;vertical-align:middle">$8,385,381</td><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt;text-align:right;vertical-align:middle">$762,404</td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 6.3pt;text-align:left;vertical-align:middle">+</td><td colspan="9" style="padding:2px 1pt;text-align:left;vertical-align:middle">Change in Fair Value of Outstanding and Unvested Stock Awards and Option Awards Granted in Prior Fiscal Years</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">$(165,930)</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">$(924,865)</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">$625,474</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">$1,264,427</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">$(1,705,358)</td></tr><tr><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt 2px 6.3pt;text-align:left;vertical-align:middle">+</td><td colspan="9" style="background-color:#eaeaea;padding:2px 1pt;text-align:left;vertical-align:middle">Fair Value at Vesting of Stock Awards and Option Awards Granted in Fiscal Year That Vested During Fiscal Year</td><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt;text-align:right;vertical-align:middle">$—</td><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt;text-align:right;vertical-align:middle">$287,324</td><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt;text-align:right;vertical-align:middle">$—</td><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt;text-align:right;vertical-align:middle">$—</td><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt;text-align:right;vertical-align:middle">$—</td></tr><tr><td colspan="3" style="padding:2px 1pt 2px 6.3pt;text-align:left;vertical-align:middle">+</td><td colspan="9" style="padding:2px 1pt;text-align:left;vertical-align:middle">Change in Fair Value as of Vesting Date of Stock Awards and Option Awards Granted in Prior Fiscal Years For Which Applicable Vesting Conditions Were Satisfied During Fiscal Year</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">$193,528</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">$(209,402)</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">$432,318</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">$733,818</td><td colspan="3" style="padding:2px 1pt;text-align:right;vertical-align:middle">$463,362</td></tr><tr><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt 2px 6.3pt;text-align:left;vertical-align:middle">-</td><td colspan="9" style="background-color:#eaeaea;padding:2px 1pt;text-align:left;vertical-align:middle">Fair Value as of Prior Fiscal Year End of Stock Awards and Option Awards Granted in Fiscal Years That Failed to Meet Applicable Vesting Conditions During Fiscal Year</td><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt;text-align:right;vertical-align:middle">$—</td><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt;text-align:right;vertical-align:middle">$310,496</td><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt;text-align:right;vertical-align:middle">$1,106,294</td><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt;text-align:right;vertical-align:middle">$—</td><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt;text-align:right;vertical-align:middle">$1,117,138</td></tr><tr><td colspan="3" style="background-color:#00053b;padding:2px 1pt 2px 6.3pt;text-align:left;vertical-align:middle">=</td><td colspan="9" style="background-color:#00053b;padding:2px 1pt;text-align:left;vertical-align:middle">Compensation Actually Paid</td><td colspan="3" style="background-color:#00053b;padding:2px 1pt;text-align:right;vertical-align:middle">$3,534,151</td><td colspan="3" style="background-color:#00053b;padding:2px 1pt;text-align:right;vertical-align:middle">$1,706,699</td><td colspan="3" style="background-color:#00053b;padding:2px 1pt;text-align:right;vertical-align:middle">$3,890,783</td><td colspan="3" style="background-color:#00053b;padding:2px 1pt;text-align:right;vertical-align:middle">$11,393,342</td><td colspan="3" style="background-color:#00053b;padding:2px 1pt;text-align:right;vertical-align:middle">$(827,299)</td></tr></table></div> 10760212 10852803 12107760 18811603 19909500 -9413382 -9722388 -10694658 -16522465 -18046786 10030014 9814556 19279768 25421345 5437745 -616535 -1773893 7094774 8621030 -13227555 0 0 0 0 0 515623 -1042616 2506109 5795569 2309934 0 0 0 0 0 11275932 8128462 30293753 42127082 -3617162 3342790 3237743 3901453 7057946 4964975 -2491707 -2559448 -3142162 -6048230 -4195544 2655470 2185843 3179994 8385381 762404 -165930 -924865 625474 1264427 -1705358 0 287324 0 0 0 193528 -209402 432318 733818 463362 0 -310496 -1106294 0 -1117138 3534151 1706699 3890783 11393342 -827299 Pursuant to SEC rules, the comparison assumes $100 was invested on March 31, 2021. Historical stock price performance is not necessarily indicative of future stock price performance.The measure has been designated as the “Company-Selected Measure” for fiscal 2026, in accordance with SEC rules, and represents the most important financial performance measure (that is not otherwise required to be disclosed in the table) used by the Company to link compensation actually paid to our NEOs in fiscal 2026. The TSR Peer Group consists of the companies included in the Nasdaq Computer Index, as used in the company’s performance graph in our Annual Report on Form 10-K. <div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:272.25pt"><tr><td style="width:1.0pt"></td><td style="width:270.25pt"></td><td style="width:1.0pt"></td></tr><tr style="height:18pt"><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="margin-bottom:1pt;text-indent:6pt">Company Performance Measures</div></td></tr><tr style="height:15pt"><td colspan="3" style="background-color:#eaeaea;border-top:0.5pt solid #844896;padding:2px 1pt 2px 6.3pt;text-align:left;vertical-align:middle">Revenue</td></tr><tr style="height:15pt"><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 6.3pt;text-align:left;vertical-align:middle">Non-GAAP EBIT</td></tr><tr style="height:15pt"><td colspan="3" style="background-color:#eaeaea;padding:2px 1pt 2px 6.3pt;text-align:left;vertical-align:middle">Relative TSR</td></tr><tr style="height:16pt"><td colspan="3" style="background-color:#ffffff;padding:2px 1pt 2px 6.3pt;text-align:left;vertical-align:middle">ARR</td></tr></table></div> Revenue Non-GAAP EBIT Relative TSR ARR <div style="margin-top:3pt">The following graph illustrates the relationship between compensation actually paid to our PEO and our non-PEO NEOs and our TSR for the period presented in the Pay-Versus-Performance table. </div><div style="margin-bottom:9pt;margin-top:9.9pt;text-align:center;text-indent:18pt"><img alt="2704" id="i-46" src="cvlt-20260624_g42.jpg" style="height:460px;margin-bottom:5pt;vertical-align:text-bottom;width:600px"/></div> <div style="margin-top:3pt">The following graph illustrates the relationship between compensation actually paid to our PEO and our non-PEO NEOs and our TSR for the period presented in the Pay-Versus-Performance table. </div><div style="margin-bottom:9pt;margin-top:9.9pt;text-align:center;text-indent:18pt"><img alt="2704" id="i-46" src="cvlt-20260624_g42.jpg" style="height:460px;margin-bottom:5pt;vertical-align:text-bottom;width:600px"/></div> <div style="margin-top:3pt">The following graph illustrates the relationship between compensation actually paid to our PEO and our non-PEO NEOs and our net income for the period presented in the Pay-Versus-Performance table.</div><div style="margin-bottom:9pt;margin-top:9.9pt;text-align:center;text-indent:18pt"><img alt="2908" id="i-47" src="cvlt-20260624_g43.jpg" style="height:350px;margin-bottom:5pt;vertical-align:text-bottom;width:600px"/></div> <div style="margin-top:3pt">The following graph illustrates the relationship between compensation actually paid to our PEO and our non-PEO NEOs and our revenue for the period presented in the Pay-Versus-Performance table.</div><div style="margin-bottom:9pt;margin-top:9.9pt;text-align:center;text-indent:18pt"><img alt="3105" id="i-48" src="cvlt-20260624_g44.jpg" style="height:350px;margin-bottom:5pt;vertical-align:text-bottom;width:600px"/></div>