Rajiv Ramaswami - Dec 15, 2021 Form 4 Insider Report for Nutanix, Inc. (NTNX)

Role: President and CEO, Director
Signature: /s/ Hae Cheong Chang, Attorney in Fact
Stock symbol: NTNX
Transactions as of: Dec 15, 2021
Transactions value $: $0
Form type: 4
Date filed: 12/17/2021, 05:05 PM
Previous filing: Oct 13, 2021
Next filing: Dec 20, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NTNX	Class A Common Stock	Options Exercise	$0	+94.7K	+9931.79%	$0.00	95.6K	Dec 15, 2021	Direct	F1
transaction	NTNX	Class A Common Stock	Options Exercise	$0	+234K	+244.54%	$0.00	329K	Dec 15, 2021	Direct
transaction	NTNX	Class A Common Stock	Options Exercise	$0	+8.63K	+2.62%	$0.00	338K	Dec 15, 2021	Direct

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	-94.7K	-25%	$0.00	284K	Dec 15, 2021	Class A Common Stock	94.7K		Direct	F2, F3
transaction	NTNX	Restricted Stock Units	Options Exercise	$0	-234K	-25%	$0.00	701K	Dec 15, 2021	Class A Common Stock	234K		Direct	F2, F4
transaction	NTNX	Restricted Stock Units	Options Exercise	$0	-8.63K	-6.25%	$0.00	129K	Dec 15, 2021	Class A Common Stock	8.63K		Direct	F2, F5

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

Explanation of Responses:

Id	Content
F1	Includes shares acquired under the Nutanix, Inc. Employee Stock Purchase Plan on September 20, 2021.
F2	Each Restricted Stock Unit, or 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 to vest 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 to vest 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.