Marc Taxay - 02 May 2022 Form 4 Insider Report for Arista Networks, Inc. (ANET)

Role
SVP and General Counsel
Signature
By: Isabelle Bertin-Bailly, Attorney-in-Fact For: Marc Taxay
Issuer symbol
ANET
Transactions as of
02 May 2022
Net transactions value
-$58,910
Form type
4
Filing time
04 May 2022, 17:35:52 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 $61.05 416 02 May 2022 Direct F1
transaction ANET Common Stock Options Exercise $12,955 +212 +51% $61.11 628 02 May 2022 Direct F1
transaction ANET Common Stock Options Exercise $23,539 +416 +66% $56.58 1,044 02 May 2022 Direct F1
transaction ANET Common Stock Sale $120,801 -1,044 -100% $115.71 0 02 May 2022 Direct F1

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, F2
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, F3
transaction ANET Non-Qualified Stock Option (right to buy) Options Exercise $0 -212 -3.3% $0.000000 6,248 02 May 2022 Common Stock 212 $61.11 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The exercise and sale of shares was effected pursuant to a Rule 10b5-1 trading plan entered into by the reporting person on September 15, 2021.
F2 1/48th of the shares subject to the option shall vest and become exercisable on December 1, 2020 and 1/48th of the shares subject to the option shall continue to vest each month thereafter.
F3 1/48th of the shares subject to the option shall vest and become exercisable on June 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 shall vest and become exercisable on December 1, 2020 and 1/48th of the shares subject to the option shall continue to vest each month thereafter.