Employee Stock Purchase Plan (ESPP)

Overview

 

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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.

Eligibility

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.

Learn More

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.

Purchase price

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.

Withdrawal

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.

Limitations

• Contributions — You can contribute up to 15 percent of your eligible compensation to purchase shares during each offering period (limits detailed in the Prospectus).
• Share limit — You cannot purchase more than 1,000 shares in each approximately 6-month purchase period.
• Other limits — Your right to buy shares under the ESPP may not accrue at a rate exceeding $25,000 worth of shares per calendar year in which an offer is outstanding.

Designate a Beneficiary

To designate or change your beneficiary with E*TRADE, please follow these steps:

• Log in to your E*TRADE account.
• Under Welcome, [Name], select Account Preferences on the right-hand side (settings button).
• Click View/Edit next to Account Beneficiary.
• Update, as needed, and click Submit/Save.
• Remember to keep a record for yourself!