SEC Form 4 · accession 0001618732-17-000132
Nutanix, Inc. · NTNX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sudheesh Nair Vadakkedath
Officer — President
Period of report
Sep 29, 2017
Accepted (ET)
Oct 3, 2017 · 4:59 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 | Sep 29, 2017 | M | 25,000 | $3.20 | A | 311,519 | D | |
| Class A Common StockF1 | Sep 29, 2017 | S | 25,000 | $22.41 | D | 286,519 | D | |
| Class A Common Stock | Oct 1, 2017 | M | 25,000 | $0.00 | A | 311,519 | D | |
| Class A Common StockF2 | Oct 2, 2017 | F | 13,189 | $22.1587 | D | 298,330 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F3,F4 | $3.20 | Sep 29, 2017 | M | 25,000 | D | — | May 19, 2024 | Class B Common Stock | 25,000 | 725,000 | D |
| Restricted Stock UnitsF5,F6 | — | Oct 1, 2017 | M | 25,000 | D | — | — | Class A Common Stock | 25,000 | 325,000 | D |
Explanation of responses
- F1The sale reported was effected pursuant to the Reporting Person's 10b5-1 Plan.
- F2Represents shares sold to cover the tax liability arising from the vesting of Reporting Persons' Restricted Stock Units, or RSUs.
- F3The option is subject to an early exercise provision and is immediately exercisable. 12,500 shares vest each month beginning on November 1, 2016.
- F4Upon the execution of a same day sale of the Employee Stock Option the underlying shares convert into Class A common stock.
- F5Each RSU represents a contingent right to receive one share of Issuer common stock.
- F625,000 RSUs shall vest in 15 quarterly installments beginning on July 1, 2017.