Rajiv Ramaswami - 15 Mar 2022 Form 4 Insider Report for Nutanix, Inc. (NTNX)

Role: President and CEO, Director
Signature: /s/ Hae Cheong Chang, Attorney in Fact
Issuer symbol: NTNX
Transactions as of: 15 Mar 2022
Net transactions value: -$1,099,421
Form type: 4
Filing time: 17 Mar 2022, 19:02:38 UTC
Previous filing: 04 Mar 2022
Next filing: 21 Mar 2022
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	+23,662	+17%	$0.000000	165,993	15 Mar 2022	Direct
transaction	NTNX	Class A Common Stock	Options Exercise	$0	+58,447	+35%	$0.000000	224,440	15 Mar 2022	Direct
transaction	NTNX	Class A Common Stock	Options Exercise	$0	+8,628	+3.8%	$0.000000	233,068	15 Mar 2022	Direct
transaction	NTNX	Class A Common Stock	Sale	$1,099,421	-46,233	-20%	$23.78	186,835	16 Mar 2022	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	-23,662	-8.3%	$0.000000	260,289	15 Mar 2022	Class A Common Stock	23,662		Direct	F2, F3
transaction	NTNX	Restricted Stock Units	Options Exercise	$0	-58,447	-8.3%	$0.000000	642,912	15 Mar 2022	Class A Common Stock	58,447		Direct	F2, F4
transaction	NTNX	Restricted Stock Units	Options Exercise	$0	-8,628	-6.7%	$0.000000	120,790	15 Mar 2022	Class A Common Stock	8,628		Direct	F2, F5

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

Explanation of Responses:

Id	Content
F1	Represents shares sold to cover the tax liability 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.