Nutanix offers an Employee Stock Purchase Plan (ESPP). By participating in the ESPP, eligible employees can purchase shares of our Class A common stock at a discount through automatic payroll deductions.
You will generally be eligible to participate in the Employee Stock Purchase Plan if you are employed by Nutanix and are scheduled to work at least 20 hours per week and more than five months in any calendar year (meaning you are a not a short-term or seasonal employee). E*TRADE enrollment periods open on or around March 1st and September 1st each year.
For more information about the ESPP , visit the E*TRADE website or call 1-800-838-0908.
Please read the Nutanix, Inc. 2016 Employee Stock Purchase Plan and related documents, which are available on the E*TRADE enrollment site and include complete program administration and eligibility details, plan operation Q&As, and tax and ERISA (Employee Retirement Income Security Act) information.
Whether you want to start with the basics of the ESPP or take a deeper dive in to the details of Restricted Stock Units (RSUs), we have the information you need — check out these videos to learn more.
The purchase price will be the lesser of (a) 85 percent of the fair market value of our shares on the first trading day of the offering period, or (b) 85 percent of the fair market value of our shares on the last day of the applicable purchase period.
You may elect to withdraw from the ESPP at any time, by logging in to your E*TRADE account. The refund of any funds will be returned through payroll.
To designate or change your beneficiary with E*TRADE, please follow these steps: