Charles H. Giancarlo - 22 Feb 2022 Form 4 Insider Report for Arista Networks, Inc. (ANET)

Role: Director
Signature: By: Isabelle Bertin-Bailly, Attorney-in-Fact For: Charles Giancarlo
Issuer symbol: ANET
Transactions as of: 22 Feb 2022
Net transactions value: $0
Form type: 4
Filing time: 24 Feb 2022, 20:48:43 UTC
Previous filing: 03 Feb 2022
Next filing: 03 Mar 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	$0	+880	+1.8%	$0.000000	49,656	22 Feb 2022	Direct	F1
holding	ANET	Common Stock						138,906	22 Feb 2022	by Trust	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	Restricted Stock Unit-2	Options Exercise	$0	-880	-50%	$0.000000	876	22 Feb 2022	Common Stock	880	$0.000000	Direct	F1, F3

* 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	The reporting person was granted RSUs on May 28, 2019. 1/12th of the shares vested on August 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, or November 20 of each year.