Form 4 for NTNX Nutanix, Inc.
Accepted 2023-08-30 00:00:00 ET · period of report 2023-08-28 · accession 0000950170-23-045541 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2023-08-30 | 2023-08-28 | NTNX | Sivaraman Rukmini | CFO | A - Grant | $0.00 | +47.1K | 182.6K | +35% | $0 |
| D | 2023-08-30 | 2023-08-29 | NTNX | Sivaraman Rukmini | CFO | A - Grant | $0.00 | +76.2K | 76.2K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock | 2023-08-28 | A | A | 13,804 | $0.00 | 149,225 | D | — | — | (F1) On October 11, 2021, the Reporting Person was granted performance-based restricted stock units ("FY 2022 PRSUs"). The FY 2022 PRSUs are eligible to vest in up to three installments based on the total shareholder return of the Issuer over one-, two- and three-year performance periods, each commencing on August 1, 2021, relative to the total shareholder return of companies in the NASDAQ Composite Index. On August 28, 2023, the Compensation Committee of the Issuer's Board of Directors determined that the achievement percentage for the second performance period was 150.9630%%, but, under the terms of the FY 2022 PRSUs, the achievement percentage was capped at 100%, resulting in these shares becoming eligible to vest on September 15, 2023, subject to the Reporting Person continuing to provide service to the Issuer through the vesting date. |
| 2 | Common | Class A Common Stock | 2023-08-28 | A | A | 33,333 | $0.00 | 182,558 | D | — | — | (F2) On August 25, 2022, the Reporting Person was granted performance-based restricted stock units ("FY 2023 PRSUs"). The FY 2023 PRSUs are eligible to vest in up to three installments based on the total shareholder return of the Issuer over one-, two- and three-year performance periods, each commencing on August 1, 2022, relative to the total shareholder return of companies in the NASDAQ Composite Index. On August 28, 2023, the Compensation Committee of the Issuer's Board of Directors determined that the achievement percentage for the first performance period was 200% but, under the terms of the FY 2023 PRSUs, the achievement percentage was capped at 100%, resulting in these shares becoming eligible to vest on September 15, 2023, subject to the Reporting Person continuing to provide service to the Issuer through the vesting date. |
| 3 | Derivative | Restricted Stock Units | 2023-08-29 | A | A | 76,245 | $0.00 | 76,245 | D | — · — to — | 76,245 Class A Common Stock | (F3) Each Restricted Stock Unit, or RSU, represents a contingent right to receive one share of Issuer's Class A common stock. (F4) The RSUs will vest in 16 equal quarterly installments, with the first of such quarterly installments to vest on December 15, 2023, subject to the Reporting Person continuing to provide service to the Issuer through the applicable vesting date. |