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.