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

Role: President and CEO, Director
Signature: /s/ Raymond Hum, Attorney in Fact
Issuer symbol: NTNX
Transactions as of: 15 Sep 2024
Net transactions value: -$15,922,281
Form type: 4
Filing time: 17 Sep 2024, 18:47:24 UTC
Previous filing: 12 Sep 2024
Next filing: 06 Feb 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NTNX	Class A Common Stock	Options Exercise	$0	+23,663	+3%	$0.000000	808,444	15 Sep 2024	Direct
transaction	NTNX	Class A Common Stock	Options Exercise	$0	+58,446	+7.2%	$0.000000	866,890	15 Sep 2024	Direct
transaction	NTNX	Class A Common Stock	Options Exercise	$0	+8,628	+1%	$0.000000	875,518	15 Sep 2024	Direct
transaction	NTNX	Class A Common Stock	Options Exercise	$0	+17,207	+2%	$0.000000	892,725	15 Sep 2024	Direct
transaction	NTNX	Class A Common Stock	Options Exercise	$0	+15,884	+1.8%	$0.000000	908,609	15 Sep 2024	Direct
transaction	NTNX	Class A Common Stock	Tax liability	$15,922,281	-269,595	-30%	$59.06	639,014	15 Sep 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	-23,663	-50%	$0.000000	23,663	15 Sep 2024	Class A Common Stock	23,663		Direct	F2, F3
transaction	NTNX	Restricted Stock Units	Options Exercise	$0	-58,446	-50%	$0.000000	58,447	15 Sep 2024	Class A Common Stock	58,446		Direct	F2, F4
transaction	NTNX	Restricted Stock Units	Options Exercise	$0	-8,628	-20%	$0.000000	34,512	15 Sep 2024	Class A Common Stock	8,628		Direct	F2, F5
transaction	NTNX	Restricted Stock Units	Options Exercise	$0	-17,207	-11%	$0.000000	137,651	15 Sep 2024	Class A Common Stock	17,207		Direct	F2, F6
transaction	NTNX	Restricted Stock Units	Options Exercise	$0	-15,884	-7.7%	$0.000000	190,614	15 Sep 2024	Class A Common Stock	15,884		Direct	F2, F7
holding	NTNX	Restricted Stock Units						136,116	15 Sep 2024	Class A Common Stock	136,116		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.