Andreas Bechtolsheim - Feb 21, 2023 Form 4 Insider Report for Arista Networks, Inc. (ANET)

Role
Chief Development Officer, Director, More than 10% owner
Signature
By: Isabelle Bertin-Bailly, Attorney-in-Fact For: Andreas Bechtolsheim
Stock symbol
ANET
Transactions as of
Feb 21, 2023
Transactions value $
-$203,006
Form type
4
Date filed
2/23/2023, 04:47 PM
Previous filing
Nov 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction ANET Common Stock +Options Exercise $0 +5,000 +5% $0.00 104,971 Feb 21, 2023 Direct F1
transaction ANET Common Stock -Tax liability -$203,006 -1,509 -1.44% $134.53 103,462 Feb 21, 2023 Direct F2
holding ANET Common Stock 45,807,012 Feb 21, 2023 by Trust 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-2 -Options Exercise $0 -5,000 -100% $0.00 0 Feb 21, 2023 Common Stock 5,000 $0.00 Direct F1, F4

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 Represents shares withheld to satisfy tax withholding obligations on the vesting of restricted stock units.
F3 These shares are held by a family trust for which the reporting person is a trustee.
F4 Six and one-quarter percent (6.25%) of the restricted stock units awarded vested on May 20, 2019 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, November 20 of each year.