secwatch.observer — SEC 8-K summary
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Issuer:     Nutanix, Inc. (NTNX)
CIK:        0001618732
Form:       8-K
Filed at:   2023-09-05T23:59:59+00:00
Accession:  0000950170-23-046494
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Nutanix approves FY2024 executive compensation; CFO salary raised to $475K
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- CFO Rukmini Sivaraman's base salary increased from $450,000 to $475,000; CEO, COO, CLO salaries unchanged.
- Annual bonus targets: CEO 100% ($800,000); CFO, COO, CLO 75% ($356,250 each).
- Annual equity awards: CEO 254,151 RSUs + 254,151 PRSUs; CFO 76,245 of each; COO 50,830; CLO 42,358.
- PRSUs vest based on TSR vs. Nasdaq Composite over up to 3 periods (FY24, FY25, FY26); payout 0%-200% with caps.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1618732/000095017023046494/0000950170-23-046494-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1618732/000095017023046494/ntnx-20230829.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-046494

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer