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

Role
Chief Financial Officer
Signature
/s/ Raymond Hum, Attorney in Fact
Issuer symbol
NTNX
Transactions as of
15 Sep 2024
Net transactions value
-$5,775,806
Form type
4
Filing time
17 Sep 2024, 18:48:48 UTC
Previous filing
12 Sep 2024
Next filing
17 Dec 2024
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 +7,662 +2.9% $0.000000 271,688 15 Sep 2024 Direct
transaction NTNX Class A Common Stock Options Exercise $0 +2,588 +0.95% $0.000000 274,276 15 Sep 2024 Direct
transaction NTNX Class A Common Stock Options Exercise $0 +4,760 +1.7% $0.000000 279,036 15 Sep 2024 Direct
transaction NTNX Class A Common Stock Options Exercise $0 +6,250 +2.2% $0.000000 285,286 15 Sep 2024 Direct
transaction NTNX Class A Common Stock Options Exercise $0 +4,766 +1.7% $0.000000 290,052 15 Sep 2024 Direct
transaction NTNX Class A Common Stock Tax liability $4,344,867 -73,567 -25% $59.06 216,485 15 Sep 2024 Direct F1
transaction NTNX Class A Common Stock Sale $1,196,522 -20,368 -9.4% $58.75 196,117 17 Sep 2024 Direct F2, F3
transaction NTNX Class A Common Stock Sale $234,417 -3,948 -2% $59.38 192,169 17 Sep 2024 Direct F2, F4

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 -7,662 -100% $0.000000 0 15 Sep 2024 Class A Common Stock 7,662 Direct F5, F6
transaction NTNX Restricted Stock Units Options Exercise $0 -2,588 -20% $0.000000 10,354 15 Sep 2024 Class A Common Stock 2,588 Direct F5, F7
transaction NTNX Restricted Stock Units Options Exercise $0 -4,760 -12% $0.000000 33,321 15 Sep 2024 Class A Common Stock 4,760 Direct F5, F8
transaction NTNX Restricted Stock Units Options Exercise $0 -6,250 -11% $0.000000 50,000 15 Sep 2024 Class A Common Stock 6,250 Direct F5, F9
transaction NTNX Restricted Stock Units Options Exercise $0 -4,766 -7.7% $0.000000 57,184 15 Sep 2024 Class A Common Stock 4,766 Direct F5, F10
holding NTNX Restricted Stock Units 47,640 15 Sep 2024 Class A Common Stock 47,640 Direct F5, F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

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 This transaction was effected automatically pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on January 10, 2024.
F3 The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $58.27 to $59.25 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F4 The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $59.28 to $59.50 per share. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F5 Each RSU represents a contingent right to receive one share of the Issuer's Class A common stock.
F6 The RSUs vest in 16 equal quarterly installments, with the first of such quarterly installments having vested on December 15, 2020, 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, 2021, subject to the Reporting Person continuing to provide service to the Issuer through each vesting date.
F8 The RSUs vest in 16 equal quarterly installments, with the first of such quarterly installments having vested on September 15, 2022, subject to the Reporting Person continuing to provide service to the Issuer through each vesting date.
F9 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.
F10 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.
F11 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.