Rajiv Ramaswami - Sep 15, 2024 Form 4 Insider Report for Nutanix, Inc. (NTNX)

Role
President and CEO, Director
Signature
/s/ Raymond Hum, Attorney in Fact
Stock symbol
NTNX
Transactions as of
Sep 15, 2024
Transactions value $
-$15,922,281
Form type
4
Date filed
9/17/2024, 06:47 PM
Previous filing
Sep 12, 2024

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 +3.02% $0.00 808K Sep 15, 2024 Direct
transaction NTNX Class A Common Stock Options Exercise $0 +58.4K +7.23% $0.00 867K Sep 15, 2024 Direct
transaction NTNX Class A Common Stock Options Exercise $0 +8.63K +1% $0.00 876K Sep 15, 2024 Direct
transaction NTNX Class A Common Stock Options Exercise $0 +17.2K +1.97% $0.00 893K Sep 15, 2024 Direct
transaction NTNX Class A Common Stock Options Exercise $0 +15.9K +1.78% $0.00 909K Sep 15, 2024 Direct
transaction NTNX Class A Common Stock Tax liability -$15.9M -270K -29.67% $59.06 639K Sep 15, 2024 Direct F1

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 -50% $0.00 23.7K Sep 15, 2024 Class A Common Stock 23.7K Direct F2, F3
transaction NTNX Restricted Stock Units Options Exercise $0 -58.4K -50% $0.00 58.4K Sep 15, 2024 Class A Common Stock 58.4K Direct F2, F4
transaction NTNX Restricted Stock Units Options Exercise $0 -8.63K -20% $0.00 34.5K Sep 15, 2024 Class A Common Stock 8.63K Direct F2, F5
transaction NTNX Restricted Stock Units Options Exercise $0 -17.2K -11.11% $0.00 138K Sep 15, 2024 Class A Common Stock 17.2K Direct F2, F6
transaction NTNX Restricted Stock Units Options Exercise $0 -15.9K -7.69% $0.00 191K Sep 15, 2024 Class A Common Stock 15.9K Direct F2, F7
holding NTNX Restricted Stock Units 136K Sep 15, 2024 Class A Common Stock 136K Direct F2, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares withheld by the Issuer to satisfy tax withholding obligations arising from the vesting of Reporting Person's Restricted Stock Units, or RSUs.
F2 Each RSU represents a contingent right to receive one share of the Issuer's Class A common stock.
F3 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.
F4 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.
F5 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.
F6 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.
F7 The RSUs vest in 16 equal quarterly installments, with the first of such quarterly installments having vested on December 15, 2023, subject to the Reporting Person continuing to provide service to the Issuer through each vesting date.
F8 The RSUs will vest in 16 equal quarterly installments, with the first of such quarterly installments to vest on December 15, 2024, subject to the Reporting Person continuing to provide service to the Issuer through the applicable vesting date.