John F. McCool - 02 May 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
02 May 2022
Net transactions value
-$56,508
Form type
4
Filing time
04 May 2022, 17:34:39 UTC
Previous filing
05 Apr 2022
Next filing
24 May 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 $25,397 +416 +251% $61.05 582 02 May 2022 by Trust F1, F2
transaction ANET Common Stock Options Exercise $10,266 +168 +29% $61.11 750 02 May 2022 by Trust F1, F2
transaction ANET Common Stock Options Exercise $23,539 +416 +55% $56.58 1,166 02 May 2022 by Trust F1, F2
transaction ANET Common Stock Sale $115,710 -1,000 -86% $115.71 166 02 May 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 -416 -3.2% $0.000000 12,500 02 May 2022 Common Stock 416 $56.58 Direct F1, F3
transaction ANET Non-Qualified Stock Option (right to buy) Options Exercise $0 -416 -4% $0.000000 10,000 02 May 2022 Common Stock 416 $61.05 Direct F1, F4
transaction ANET Non-Qualified Stock Option (right to buy) Options Exercise $0 -168 -3.3% $0.000000 5,000 02 May 2022 Common Stock 168 $61.11 Direct F1, F5
* 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 1/48th 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.
F4 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.
F5 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.