Nutanix, Inc.
Nutanix CEO Awarded Performance-Based Restricted Stock Units
Summary
On January 7, 2024, Nutanix, Inc.'s Compensation Committee approved an award of performance-based restricted stock units (PRSUs) to its CEO, Rajiv Ramaswami. The award, subject to the Company's 2016 Equity Incentive Plan, aims to incentivize long-term business performance and align CEO's interests with stockholders. The PRSUs vest based on the achievement of specific stock price, annual recurring revenue, and free cash flow hurdles by July 31, 2027.
Profitelligence Alerts
Get alerts for NTNX
Be first to know when Nutanix, Inc. files with the SEC.
Filing Categories
Exhibits (2)
Advertisement
About Nutanix, Inc.
Nutanix, Inc. is a company specializing in cloud computing infrastructure and services. Its primary function is to provide a hyperconverged infrastructure (HCI) that seamlessly integrates computing, storage, and networking into a single unified platform, thus simplifying IT management and reducing costs for businesses. Nutanix's flagship product is its Enterprise Cloud OS, which runs on a wide variety of hardware platforms, offering clients the flexibility to operate across hybrid and multi-cloud environments. Serving various sectors such as finance, healthcare, and education, Nutanix provides solutions that enhance scalability and reliability for mission-critical applications. Founded in 2009 and headquartered in San Jose, California, the company plays a significant role in the digital transformation of businesses by enabling them to modernize their datacenter operations and embrace a cloud-first strategy. As enterprises continue to adopt cloud technologies, Nutanix, Inc. remains a pivotal player in the evolving landscape, leveraging its expertise to deliver comprehensive cloud solutions to an international customer base.
Official SEC Documents
Advertisement