John F. McCool - May 20, 2024 Form 4 Insider Report for Arista Networks, Inc. (ANET)

Role
Chief Platform Officer
Signature
By: Isabelle Bertin-Bailly, Attorney-in-Fact For: John F. McCool
Stock symbol
ANET
Transactions as of
May 20, 2024
Transactions value $
-$836,482
Form type
4
Date filed
5/22/2024, 07:21 PM
Previous filing
May 6, 2024
Next filing
May 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ANET Common Stock Options Exercise $0 +752 $0.00 752 May 20, 2024 by Trust F1, F2
transaction ANET Common Stock Options Exercise $0 +1.25K +166.49% $0.00 2K May 20, 2024 by Trust F1, F2
transaction ANET Common Stock Options Exercise $0 +1.46K +72.65% $0.00 3.46K May 20, 2024 by Trust F1, F2
transaction ANET Common Stock Options Exercise $0 +736 +21.27% $0.00 4.2K May 20, 2024 by Trust F1, F2
transaction ANET Common Stock Options Exercise $0 +486 +11.58% $0.00 4.68K May 20, 2024 by Trust F1, F2
transaction ANET Common Stock Options Exercise $0 +519 +11.09% $0.00 5.2K May 20, 2024 by Trust F1, F2
transaction ANET Common Stock Tax liability -$836K -2.62K -50.36% $319.39 2.58K May 20, 2024 by Trust F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ANET Restricted Stock Unit-10 Options Exercise $0 -519 -6.67% $0.00 7.26K May 20, 2024 Common Stock 519 $0.00 Direct F1, F4
transaction ANET Restricted Stock Unit-3 Options Exercise $0 -752 -50.13% $0.00 748 May 20, 2024 Common Stock 752 $0.00 Direct F1, F5
transaction ANET Restricted Stock Unit-4 Options Exercise $0 -1.25K -50.08% $0.00 1.25K May 20, 2024 Common Stock 1.25K $0.00 Direct F1, F6
transaction ANET Restricted Stock Unit-5 Options Exercise $0 -1.46K -25.02% $0.00 4.36K May 20, 2024 Common Stock 1.46K $0.00 Direct F1, F7
transaction ANET Restricted Stock Unit-6 Options Exercise $0 -736 -14.31% $0.00 4.41K May 20, 2024 Common Stock 736 $0.00 Direct F1, F8
transaction ANET Restricted Stock Unit-7 Options Exercise $0 -486 -9.1% $0.00 4.86K May 20, 2024 Common Stock 486 $0.00 Direct F1, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of Arista Networks, Inc. Common Stock upon vesting.
F2 These shares are held by a family trust for which the reporting person is co-trustee.
F3 Represents shares withheld to satisfy tax withholding obligations on the vesting of restricted stock units.
F4 Six and one-quarter percent (6.25%) of the restricted stock units awarded will vest on on February 20, 2024 and will continue to vest at the same rate on each quarterly vest date thereafter. A quarterly vest date is the first market trading day on or after February 20, May 20, August 20, and November 20 of each year.
F5 Six and one-quarter percent (6.25%) of the restricted stock units awarded vested on November 20, 2020 and will continue to vest at the same rate on each quarterly vest date thereafter. A quarterly vest date is the first market trading day on or after February 20, May 20, August 20, and November 20 of each year.
F6 Six and one-quarter percent (6.25%) of the restricted stock units awarded vested on November 20, 2020 and will continue to vest at the same rate on each quarterly vest date thereafter. A quarterly vest date is the first market trading day on or after February 20, May 20, August 20, and November 20 of each year.
F7 Six and one-quarter percent (6.25%) of the restricted stock units awarded vested on May 20, 2021 and will continue to vest at the same rate on each quarterly vest date thereafter. A quarterly vest date is the first market trading day on or after February 20, May 20, August 20, and November 20 of each year.
F8 Six and one-quarter percent (6.25%) of the restricted stock units awarded will vest on February 20, 2022 and will continue to vest at the same rate on each quarterly vest date thereafter. A quarterly vest date is the first market trading day on or after February 20, May 20, August 20, and November 20 of each year.
F9 Six and one-quarter percent (6.25%) of the restricted stock units awarded will vest on February 20, 2023 and will continue to vest at the same rate on each quarterly vest date thereafter. A quarterly vest date is the first market trading day on or after February 20, May 20, August 20, and November 20 of each year.