Rajiv Ramaswami - Jun 15, 2023 Form 4 Insider Report for Nutanix, Inc. (NTNX)

Role: President and CEO, Director
Signature: /s/ Carmen Elliott, Attorney in Fact
Stock symbol: NTNX
Transactions as of: Jun 15, 2023
Transactions value $: -$1,719,399
Form type: 4
Date filed: 6/20/2023, 08:02 PM
Previous filing: Mar 17, 2023
Next filing: Aug 30, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NTNX	Class A Common Stock	Options Exercise	$0	+23.7K	+6.36%	$0.00	396K	Jun 15, 2023	Direct	F1
transaction	NTNX	Class A Common Stock	Options Exercise	$0	+58.4K	+14.78%	$0.00	454K	Jun 15, 2023	Direct
transaction	NTNX	Class A Common Stock	Options Exercise	$0	+8.63K	+1.9%	$0.00	463K	Jun 15, 2023	Direct
transaction	NTNX	Class A Common Stock	Options Exercise	$0	+17.2K	+3.72%	$0.00	480K	Jun 15, 2023	Direct
transaction	NTNX	Class A Common Stock	Sale	-$1.72M	-59.1K	-12.32%	$29.10	421K	Jun 16, 2023	Direct	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	NTNX	Restricted Stock Units	Options Exercise	$0	-23.7K	-14.29%	$0.00	142K	Jun 15, 2023	Class A Common Stock	23.7K		Direct	F3, F4
transaction	NTNX	Restricted Stock Units	Options Exercise	$0	-58.4K	-14.29%	$0.00	351K	Jun 15, 2023	Class A Common Stock	58.4K		Direct	F3, F5
transaction	NTNX	Restricted Stock Units	Options Exercise	$0	-8.63K	-10%	$0.00	77.7K	Jun 15, 2023	Class A Common Stock	8.63K		Direct	F3, F6
transaction	NTNX	Restricted Stock Units	Options Exercise	$0	-17.2K	-7.14%	$0.00	224K	Jun 15, 2023	Class A Common Stock	17.2K		Direct	F3, F7

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes 1,000 shares of Class A Common Stock acquired under the Nutanix, Inc. Employee Stock Purchase Plan on June 5, 2023.
F2	Represents shares sold to cover the tax liabiity arising from the vesting of Reporting Person's Restricted Stock Units, or RSUs.
F3	Each RSU represents a contingent right to receive one share of the Issuer's Class A common stock.
F4	The RSUs vested as to 25% of the underlying shares on December 15, 2021, with 1/16th of the remaining shares vesting quarterly thereafter subject to the Reporting Person continuing to provide service to the Issuer through each vesting date.
F5	As previously reported, on December 9, 2020, the Reporting Person was granted a target number of 703,117 performance-based RSUs ("PRSUs") subject to two stock price milestones. 133% of the target number of PRSUs became eligible to vest upon achievement of both milestones. The eligible PRSUs vested as to 25% of the underlying shares on December 15, 2021, with 1/16th of the remaining shares vesting quarterly thereafter, subject to the Reporting person continuing to provide service to the Issuer through each vesting date.
F6	The RSUs vest in 16 equal quarterly installments, with the first of such quarterly installments having vested on December 15, 2021, subject to the Reporting Person continuing to provide service to the Issuer through each vesting date.
F7	The RSUs vest in 16 equal quarterly installments, with the first of such quarterly installments having vested on December 15, 2022, subject to the Reporting Person continuing to provide service to the Issuer through each vesting date.