John F. McCool - Feb 22, 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
Stock symbol
ANET
Transactions as of
Feb 22, 2022
Transactions value $
-$986,458
Form type
4
Date filed
2/24/2022, 08:49 PM
Previous filing
Feb 15, 2022
Next filing
Feb 28, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ANET Common Stock Options Exercise $0 +9K +5421.69% $0.00 9.17K Feb 22, 2022 by Trust F1, F2
transaction ANET Common Stock Options Exercise $0 +1K +10.91% $0.00 10.2K Feb 22, 2022 by Trust F1, F2
transaction ANET Common Stock Options Exercise $0 +748 +7.36% $0.00 10.9K Feb 22, 2022 by Trust F1, F2
transaction ANET Common Stock Options Exercise $0 +1.25K +11.43% $0.00 12.2K Feb 22, 2022 by Trust F1, F2
transaction ANET Common Stock Options Exercise $0 +1.46K +11.97% $0.00 13.6K Feb 22, 2022 by Trust F1, F2
transaction ANET Common Stock Options Exercise $0 +736 +5.4% $0.00 14.4K Feb 22, 2022 by Trust F1, F2
transaction ANET Common Stock Options Exercise $0 +1.74K +12.12% $0.00 16.1K Feb 22, 2022 by Trust F1, F2
transaction ANET Common Stock Options Exercise $0 +1.95K +12.13% $0.00 18K Feb 22, 2022 by Trust F1, F2
transaction ANET Common Stock Tax liability -$986K -8.1K -44.87% $121.83 9.95K Feb 22, 2022 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-1 Options Exercise $0 -9K -50% $0.00 9K Feb 22, 2022 Common Stock 9K $0.00 Direct F1, F4
transaction ANET Restricted Stock Unit-2 Options Exercise $0 -1K -20% $0.00 4K Feb 22, 2022 Common Stock 1K $0.00 Direct F1, F5
transaction ANET Restricted Stock Unit-3 Options Exercise $0 -748 -9.07% $0.00 7.5K Feb 22, 2022 Common Stock 748 $0.00 Direct F1, F6
transaction ANET Restricted Stock Unit-4 Options Exercise $0 -1.25K -9.08% $0.00 12.5K Feb 22, 2022 Common Stock 1.25K $0.00 Direct F1, F7
transaction ANET Restricted Stock Unit-5 Options Exercise $0 -1.46K -7.7% $0.00 17.5K Feb 22, 2022 Common Stock 1.46K $0.00 Direct F1, F8
transaction ANET Restricted Stock Unit-6 Options Exercise $0 -736 -6.26% $0.00 11K Feb 22, 2022 Common Stock 736 $0.00 Direct F1, F9
transaction ANET Restricted Stock Unit-8 Award $0 +5.24K $0.00 5.24K Feb 22, 2022 Common Stock 5.24K $0.00 Direct F1, F10
transaction ANET Restricted Stock Unit-8 Options Exercise $0 -1.74K -33.18% $0.00 3.5K Feb 22, 2022 Common Stock 1.74K $0.00 Direct F1, F10
transaction ANET Restricted Stock Unit-9 Award $0 +5.88K $0.00 5.88K Feb 22, 2022 Common Stock 5.88K $0.00 Direct F1, F11, F12
transaction ANET Restricted Stock Unit-9 Options Exercise $0 -1.95K -33.2% $0.00 3.93K Feb 22, 2022 Common Stock 1.95K $0.00 Direct F1, F11
* 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 1/5th of the restricted stock unit award vested on May 20, 2018 and 1/20th of the award will vest 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 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, or 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 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.
F8 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.
F9 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.
F10 This performance stock award was granted in the first quarter of 2021 and was earned based on attainment of certain performance conditions. The award vests 1/3 on February 22, 2022, and will continue to vest quarterly over 2 years. 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.
F11 This performance stock award was granted in the first quarter of 2021 and was earned based on attainment of certain performance conditions. The award vests 1/3 on February 22, 2022, and will continue to vest quarterly over 2 years. 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.
F12 Includes 166 shares acquired under the Arista Networks, Inc. 2014 Employee Stock Purchase Plan on February 15, 2022.