Rajiv Ramaswami - Aug 25, 2022 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: Aug 25, 2022
Transactions value $: $0
Form type: 4
Date filed: 8/29/2022, 04:15 PM
Previous filing: Aug 5, 2022
Next filing: Sep 19, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NTNX	Class A Common Stock	Award	$0	+28.8K	+13.2%	$0.00	247K	Aug 25, 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	Award	$0	+275K		$0.00	275K	Aug 25, 2022	Class A Common Stock	275K		Direct	F2, F3

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

Explanation of Responses:

Id	Content
F1	On October 11, 2021, the Reporting Person was granted performance-based restricted stock units ("PRSUs"). The PRSUs are eligible to vest in up to three installments based on the total shareholder return of the Issuer over one-, two- and three-year performance periods, each commencing on August 1, 2021, relative to the total shareholder return of companies in the NASDAQ Composite Index. On August 25, 2022, the Compensation Committee of the Issuer's Board of Directors determined that the achievement percentage for the first performance period was 62.6385%, resulting in these shares becoming eligible to vest on September 15, 2022, subject to the Reporting Person continuing to provide service to the Issuer through the vesting date.
F2	Each Restricted Stock Unit, or RSU, represents a contingent right to receive one share of Issuer's Class A common stock.
F3	The RSUs will vest in 16 equal quarterly installments, with the first of such quarterly installments to vest on December 15, 2022, subject to the Reporting Person continuing to provide service to the Issuer through the applicable vesting date.