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

Role
President and CEO, Director
Signature
/s/ Raymond Hum, Attorney in Fact
Issuer symbol
NTNX
Transactions as of
15 Sep 2023
Transactions value $
$0
Form type
4
Filing time
19 Sep 2023, 19:44:25 UTC
Previous filing
30 Aug 2023
Next filing
20 Sep 2023
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 +23.7K +4.24% $0.00 582K 15 Sep 2023 Direct
transaction NTNX Class A Common Stock Options Exercise $0 +58.4K +10.04% $0.00 641K 15 Sep 2023 Direct
transaction NTNX Class A Common Stock Options Exercise $0 +8.63K +1.35% $0.00 649K 15 Sep 2023 Direct
transaction NTNX Class A Common Stock Options Exercise $0 +17.2K +2.65% $0.00 666K 15 Sep 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 15 Sep 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 15 Sep 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 15 Sep 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 15 Sep 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.