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Overview

Nutanix offers an Employee Stock Purchase Plan (ESPP) to help you invest in the company financially, at a discounted price.

What is an Employee Stock Purchase Plan (ESPP)?

An Employee Stock Purchase Plan allows you to contribute to the plan through payroll deductions which build up between the offering date and the purchase date. On the purchase date, the company uses your accumulated funds to purchase stock in the company on your behalf with at least a 15% discount.

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 short-term or temporary 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.

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.

Enrollment

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.

Important

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.

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.

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.

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!