Rajiv Ramaswami - Dec 15, 2022 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: Dec 15, 2022
Transactions value $: $0
Form type: 4
Date filed: 12/19/2022, 03:13 PM
Previous filing: Sep 21, 2022
Next filing: Dec 20, 2022

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	+8.84%	$0.00	291K	Dec 15, 2022	Direct
transaction	NTNX	Class A Common Stock	Options Exercise	$0	+58.4K	+20.07%	$0.00	350K	Dec 15, 2022	Direct
transaction	NTNX	Class A Common Stock	Options Exercise	$0	+8.63K	+2.47%	$0.00	358K	Dec 15, 2022	Direct
transaction	NTNX	Class A Common Stock	Options Exercise	$0	+17.2K	+4.8%	$0.00	376K	Dec 15, 2022	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	-11.11%	$0.00	189K	Dec 15, 2022	Class A Common Stock	23.7K		Direct	F1, F2
transaction	NTNX	Restricted Stock Units	Options Exercise	$0	-58.4K	-11.11%	$0.00	468K	Dec 15, 2022	Class A Common Stock	58.4K		Direct	F1, F3
transaction	NTNX	Restricted Stock Units	Options Exercise	$0	-8.63K	-8.33%	$0.00	94.9K	Dec 15, 2022	Class A Common Stock	8.63K		Direct	F1, F4
transaction	NTNX	Restricted Stock Units	Options Exercise	$0	-17.2K	-6.25%	$0.00	258K	Dec 15, 2022	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 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.