SEC Form 4 · accession 0001618732-17-000140
Nutanix, Inc. · NTNX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sunil Potti
Officer — Chief Product/Development Ofcr
Period of report
Oct 13, 2017
Accepted (ET)
Oct 17, 2017 · 4:35 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 StockF1 | Oct 13, 2017 | M | 43,750 | $0.00 | A | 158,353 | D | |
| Class A Common StockF2,F3 | Oct 16, 2017 | S | 10,000 | $26.8691 | D | 148,353 | D | |
| Class A Common StockF4 | Oct 17, 2017 | F | 17,938 | $26.51 | D | 130,415 | 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 UnitsF5,F6 | — | Oct 13, 2017 | M | 43,750 | D | — | — | Class A Common Stock | 43,750 | 315,179 | D |
Explanation of responses
- F1Number of shares owned includes shares acquired under the Nutanix, Inc. Employee Stock Purchase Plan ("ESPP") on September 20, 2017.
- F2The sale reported was effected pursuant to the Reporting Person's 10b5-1 Plan.
- F3The price reported is a weighted average price. These shares were sold in multiple transactions at sale prices ranging from $26.54 to $27.48. The Reporting Person undertakes to provide the full information regarding the number of shares sold at each separate price upon further request.
- F4Represents shares sold to cover the tax liability arising from the vesting of Reporting Persons's Restricted Stock Unit, or RSU.
- F5Each RSU represents a contingent right to receive one share of Issuer common stock.
- F6On April 28, 2017, 393,750 RSUs vested and became issuable and an additional (i) 306,250 RSUs vest in 11 equal quarterly installments beginning on July 13, 2017; (ii) 50,000 RSUs vest in 14 equal quarterly installments beginning on July 28, 2017; and (iii) 50,000 RSUs vest in 16 equal quarterly installments beginning on January 28, 2018.