John F. McCool - 03 Jan 2022 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
Issuer symbol: ANET
Transactions as of: 03 Jan 2022
Transactions value $: -$121,375
Form type: 4
Date filed: 05 Jan 2022, 18:29
Previous filing: 03 Dec 2021
Next filing: 03 Feb 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ANET	Common Stock	Options Exercise	$11K	+332		$33.19^*	332	03 Jan 2022	by Trust	F1, F2
transaction	ANET	Common Stock	Options Exercise	$25.4K	+416	+125.3%	$61.05	748	03 Jan 2022	by Trust	F1, F2
transaction	ANET	Common Stock	Options Exercise	$10K	+164	+21.93%	$61.11	912	03 Jan 2022	by Trust	F1, F2
transaction	ANET	Common Stock	Options Exercise	$23.5K	+416	+45.61%	$56.59	1.33K	03 Jan 2022	by Trust	F1, F2
transaction	ANET	Common Stock	Sale	-$191K	-1.33K	-100%	$144.09	0	03 Jan 2022	by Trust	F1, F2

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	Non-Qualified Stock Option (right to buy)	Options Exercise	$0	-332	-24.92%	$0.00	1K	03 Jan 2022	Common Stock	332	$33.19	Direct	F1, F3
transaction	ANET	Non-Qualified Stock Option (right to buy)	Options Exercise	$0	-416	-2.85%	$0.00	14.2K	03 Jan 2022	Common Stock	416	$56.59	Direct	F1, F4
transaction	ANET	Non-Qualified Stock Option (right to buy)	Options Exercise	$0	-416	-3.44%	$0.00	11.7K	03 Jan 2022	Common Stock	416	$61.05	Direct	F1, F5
transaction	ANET	Non-Qualified Stock Option (right to buy)	Options Exercise	$0	-164	-2.81%	$0.00	5.67K	03 Jan 2022	Common Stock	164	$61.11	Direct	F1, F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The exercise and/or sales reported on this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 10, 2021.
F2	These shares are held by a family trust for which the reporting person is co-trustee.
F3	1/5th of the shares subject to the option vested and became exercisable on March 20, 2018 and 1/60th of the shares subject to the option shall vest each month thereafter.
F4	1/48th of the shares subject to the option vested and became exercisable on December 1, 2020 and 1/48th of the shares subject to the option shall continue to vest each month thereafter.
F5	1/48th of the shares subject to the option vested and became exercisable on June 1, 2020 and 1/48th of the shares subject to the option shall continue to vest each month thereafter.
F6	1/48th of the shares subject to the option vested and became exercisable on December 1, 2020 and 1/48th of the shares subject to the option shall continue to vest each month thereafter.