As you plan to leave Nutanix, be sure to review the following information to help ensure a smooth transition to the next stage of your personal and professional journey.
Notify Your Manager | Exiting Checklist | COBRA | Converting Insurance Policies | 401(k) | Employee Stock | Excellence
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Notify your manager of your decision to leave as soon as possible. This allows your manager to make timely arrangements in transitioning your current responsibilities and complete any required action items in regard to your departure.
Double-check you’ve completed these tasks before you leave:
You have the option to continue many benefits through COBRA after you leave Nutanix. You have 60 days from your COBRA notification date or coverage end date to enroll in COBRA. You are responsible for the full cost of premiums, plus an administrative fee, for any plans you continue through COBRA. After you elect coverage, you have 45 days to pay all current and retroactive premiums to Vita COBRA.
For more information, review the COBRA Rights and Rules Booklet and 2023 COBRA rates.
If you have COBRA coverage before signing up for Medicare, your COBRA coverage will end once you sign up. Once your COBRA coverage ends, you have eight months to sign up for Part B. If you don’t enroll during this enrollment window, there may be a gap in your coverage, and you might be required to pay a Part B late enrollment penalty.
Before you elect COBRA, talk with your State Health Insurance Assistance Program (SHIP) about Part B and Medigap.
Your basic life insurance, voluntary life insurance, disability, and AD&D policies are portable, meaning you can convert your current policy to an individual one and make your premium payments directly to Prudential. You have 30 days to elect and pay for life insurance continuation.
Review the “Notice of Conversion and/or Portability Rights” form provided as part of the check-out process for more information or contact Prudential directly through their website or call 888-598-5671.
If you participate in the Nutanix 401(k) Plan, you can roll over your vested account balance into another qualified plan through a new employer or into an Individual Retirement Account (IRA).
If you have an outstanding 401(k) loan, the plan requires that you repay the balance upon termination. Call Fidelity at
If you participated in the Employee Stock Purchase Plan, please read the following carefully to understand your options.
Make sure you have added your personal email to your E*TRADE account so you will continue to get communications about your account after you leave Nutanix.
If you participated in Nutanix’s Employee Stock Purchase Plan, your final paycheck includes the appropriate funds you contributed to Employee Stock Purchase Plan for the current purchase period. You may also access your account on the E*TRADE website or contact them by phone at 800-838-0908 in the US.
Under the terms of the agreement governing your RSUs, your RSUs will remain unvested as of the date of your separation date. The RSUs and right to acquire any shares subject to the RSUs shall be terminated in their entirety on your separation date. Please contact Nutanix Stock Admin at Stocks@nutanix.com for more information.
Pursuant to the terms of the applicable stock plan, vesting of your stock options (as defined in either the Nutanix, Inc., 2010 Stock Plan or Nutanix, Inc., 2016 Equity Incentive Plan), if you have any, will cease on your separation date. In accordance with the terms of the applicable stock plan and the agreements governing such stock options, you will have three months from your separation date to exercise any stock options that are vested and exercisable as of your separation date. If you don’t exercise your vested and exercisable stock options on or before such date, all stock options are forfeited in accordance with the applicable plan. Any unvested stock options will be canceled on your separation date. Please contact Nutanix Stock Admin at Stocks@nutanix.com for more information.
When you leave Nutanix, we encourage you to redeem your award points prior to leaving as you will lose access to the Excellence portal. Excellence points do not expire; however, you will only be able to be access them by contacting the Work Human Customer Service team after your term date. If you have questions, please reach out to Work Human Customer Service via email at customerservice@workhuman.com.