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Nutanix, Inc. — Director's Dealing 2022
Mar 18, 2022
30285_dirs_2022-03-17_4d25fa13-eb1d-44e3-a375-ef617aff10a3.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Nutanix, Inc. (NTNX)
CIK: 0001618732
Period of Report: 2022-03-15
Reporting Person: RAMASWAMI RAJIV (Director, President and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-03-15 | Class A Common Stock | M | 23662 | $0.00 | Acquired | 165993 | Direct |
| 2022-03-15 | Class A Common Stock | M | 58447 | $0.00 | Acquired | 224440 | Direct |
| 2022-03-15 | Class A Common Stock | M | 8628 | $0.00 | Acquired | 233068 | Direct |
| 2022-03-16 | Class A Common Stock | S | 46233 | $23.78 | Disposed | 186835 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-03-15 | Restricted Stock Units | $ | M | 23662 | Disposed | Class A Common Stock (23662) | Direct | |
| 2022-03-15 | Restricted Stock Units | $ | M | 58447 | Disposed | Class A Common Stock (58447) | Direct | |
| 2022-03-15 | Restricted Stock Units | $ | M | 8628 | Disposed | Class A Common Stock (8628) | Direct |
Footnotes
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.