Rajiv Ramaswami - Sep 15, 2023 Form 4 Insider Report for Nutanix, Inc. (NTNX)

Role
President and CEO, Director
Signature
/s/ Raymond Hum, Attorney in Fact
Stock symbol
NTNX
Transactions as of
Sep 15, 2023
Transactions value $
$0
Form type
4
Date filed
9/19/2023, 07:44 PM
Previous filing
Aug 30, 2023
Next filing
Sep 20, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NTNX Class A Common Stock Options Exercise $0 +23.7K +4.24% $0.00 582K Sep 15, 2023 Direct
transaction NTNX Class A Common Stock Options Exercise $0 +58.4K +10.04% $0.00 641K Sep 15, 2023 Direct
transaction NTNX Class A Common Stock Options Exercise $0 +8.63K +1.35% $0.00 649K Sep 15, 2023 Direct
transaction NTNX Class A Common Stock Options Exercise $0 +17.2K +2.65% $0.00 666K Sep 15, 2023 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 -23.7K -16.67% $0.00 118K Sep 15, 2023 Class A Common Stock 23.7K Direct F1, F2
transaction NTNX Restricted Stock Units Options Exercise $0 -58.4K -16.67% $0.00 292K Sep 15, 2023 Class A Common Stock 58.4K Direct F1, F3
transaction NTNX Restricted Stock Units Options Exercise $0 -8.63K -11.11% $0.00 69K Sep 15, 2023 Class A Common Stock 8.63K Direct F1, F4
transaction NTNX Restricted Stock Units Options Exercise $0 -17.2K -7.69% $0.00 206K Sep 15, 2023 Class A Common Stock 17.2K Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each Restricted Stock Unit or RSU represents a contingent right to receive one share of the Issuer's Class A common stock.
F2 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.
F3 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.
F4 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.
F5 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.