Andreas Bechtolsheim - May 20, 2022 Form 4 Insider Report for Arista Networks, Inc. (ANET)

Role
Chief Development Officer, Director, 10%+ Owner
Signature
By: Isabelle Bertin-Bailly, Attorney-in-Fact For: Andreas Bechtolsheim
Stock symbol
ANET
Transactions as of
May 20, 2022
Transactions value $
-$237,201
Form type
4
Date filed
5/24/2022, 06:53 PM
Previous filing
Mar 10, 2022
Next filing
May 25, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ANET Common Stock Options Exercise $0 +5K +5.44% $0.00 96.8K May 20, 2022 Direct F1
transaction ANET Common Stock Tax liability -$237K -2.31K -2.39% $102.64 94.5K May 20, 2022 Direct F2
holding ANET Common Stock 46.9M May 20, 2022 by Trust 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-2 Options Exercise $0 -5K -25% $0.00 15K May 20, 2022 Common Stock 5K $0.00 Direct F1, F4
* 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 Represents shares withheld to satisfy tax withholding obligations on the vesting of restricted stock units.
F3 These shares are held by a family trust for which the reporting person is a trustee.
F4 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, November 20 of each year.