SEC Form 4 · accession 0001618732-18-000030
Nutanix, Inc. · NTNX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kenneth W Long III
Officer — VP, Corporate Controller & CAO
Period of report
Mar 14, 2018
Accepted (ET)
Mar 16, 2018 · 5:16 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 | Mar 14, 2018 | M | 9,085 | $1.22 | A | 185,256 | D | |
| Class A Common Stock | Mar 14, 2018 | M | 22,917 | $3.20 | A | 208,173 | D | |
| Class A Common StockF1 | Mar 14, 2018 | S | 32,002 | $54.3609 | D | 176,171 | D | |
| Class A Common Stock | Mar 15, 2018 | M | 1,875 | $0.00 | A | 178,046 | D | |
| Class A Common Stock | Mar 15, 2018 | M | 3,125 | $0.00 | A | 181,171 | D | |
| Class A Common StockF2 | Mar 16, 2018 | F | 1,781 | $53.7116 | D | 179,390 | 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 | $1.22 | Mar 14, 2018 | M | 9,085 | D | — | Jun 7, 2023 | Class A Common Stock | 9,085 | 0 | D |
| Employee Stock Option (right to buy)F4 | $3.20 | Mar 14, 2018 | M | 22,917 | D | — | May 19, 2024 | Class A Common Stock | 22,917 | 24,827 | D |
| Restricted Stock UnitsF5,F6 | — | Mar 15, 2018 | M | 1,875 | D | — | — | Class A Common Stock | 1,875 | 49,375 | D |
| Restricted Stock UnitsF5,F7 | — | Mar 15, 2018 | M | 3,125 | D | — | — | Class A Common Stock | 3,125 | 46,875 | D |
Explanation of responses
- F1The price reported is a weighted average price. These shares were sold in multiple transactions at sale prices ranging from $54.33 to $54.53. The Reporting Person undertakes to provide the full information regarding the number of shares sold at each separate price upon further request.
- F2Represents shares sold to cover the tax liability arising from the vesting of Reporting Person's Restricted Stock Units, or RSUs.
- F3The option was fully vested and exercisable on May 29, 2017.
- F4The option is subject to an early exercise provision and is immediately exercisable. The 100,000 total shares subject to the option vest in 36 equal monthly installments beginning on May 1, 2016.
- F5Each RSU represents a contingent right to receive one share of Issuer common stock.
- F61,875 RSUs shall vest and become issuable quarterly beginning on June 15, 2017 and ending on June 15, 2019 and 2,500 RSUs shall vest and become issuable quarterly beginning on April 1, 2018 ending on January 1, 2022, subject to Reporting Person continuing to provide service to the Issuer through the applicable vesting dates.
- F7The 50,000 total RSUs vest in 16 equal quarterly installments beginning on March 15, 2018, subject to Reporting Person continuing to provide service to the Issuer through the applicable vesting dates.