SEC Form 4 · accession 0001618732-18-000050
Nutanix, Inc. · NTNX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sudheesh Nair Vadakkedath
Officer — President
Period of report
Apr 1, 2018
Accepted (ET)
Apr 3, 2018 · 4:33 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 | Apr 1, 2018 | M | 25,000 | $0.00 | A | 179,856 | D | |
| Class A Common StockF1 | Apr 2, 2018 | F | 12,609 | $48.2927 | D | 167,247 | D | |
| Class A Common Stock | Apr 2, 2018 | M | 40,000 | $3.20 | A | 207,247 | D | |
| Class A Common StockF2 | Apr 2, 2018 | S | 40,000 | $48.28 | D | 167,247 | 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 UnitsF3,F4 | — | Apr 1, 2018 | M | 25,000 | D | — | — | Class A Common Stock | 25,000 | 275,000 | D |
| Employee Stock Option (right to buy)F5,F6 | $3.20 | Apr 2, 2018 | M | 40,000 | D | — | May 19, 2024 | Class B Common Stock | 40,000 | 195,000 | D |
Explanation of responses
- F1Represents shares sold to cover the tax liability arising from the vesting of Reporting Person's Restricted Stock Units, or RSUs.
- F2The sale reported was effected pursuant to the Reporting Person's 10b5-1 Plan.
- F3Each RSU represents a contingent right to receive one share of Issuer common stock.
- F425,000 RSUs shall vest in 15 quarterly installments beginning on July 1, 2017.
- F5The option is subject to an early exercise provision and is immediately exercisable. The option vests as to 12,066 shares monthly through 04/01/2019.
- F6Upon the execution of a same day sale of the Employee Stock Option the underlying shares convert into Class A common stock.