SEC Form 4 · accession 0001618732-17-000055
Nutanix, Inc. · NTNX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Sangster
Officer — EVP, Operations
Period of report
May 28, 2017
Accepted (ET)
May 31, 2017 · 5:58 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001618732
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | May 28, 2017 | M | 37,500 | $0.00 | A | 139,500 | D | |
| Class A Common Stock | May 30, 2017 | M | 27,000 | $3.20 | A | 166,500 | D | |
| Class A Common StockF1,F2 | May 30, 2017 | S | 27,000 | $19.0387 | D | 139,500 | D | |
| Class A Common StockF3 | May 31, 2017 | F | 21,414 | $18.4248 | D | 118,086 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF4,F5 | — | May 28, 2017 | M | 37,500 | D | — | — | Class A Common Stock | 37,500 | 112,500 | D |
| Employee Stock Option (right to buy)F6 | $3.20 | May 30, 2017 | M | 27,000 | D | — | May 19, 2024 | Class A Common Stock | 27,000 | 340,000 | D |
Explanation of responses
- F1The sale reported was effected pursuant to the Reporting Person's 10b5-1 Plan.
- F2The price reported is a weighted average price. These shares were sold in multiple transactions at sale prices ranging from $18.75 to $19.75. The Reporting Person undertakes to provide the full information regarding the number of shares sold at each separate price upon further request.
- F3Represents shares sold to cover the tax liability arising from the vesting of Reporting Persons's Restricted Stock Units, or RSUs.
- F4Each RSU represents a contingent right to receive one share of Issuer common stock.
- F5On May 28, 2017, 37,500 RSUs vested and became issuable and the remaining RSUs shall vest in 9 equal quarterly installments beginning on June 15, 2017.
- F6The option is subject to an early exercise provision and is immediately exercisable. Shares subject to the option vest in 48 equal monthly installments beginning on May 1, 2015.