Marc Taxay - Aug 1, 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
Stock symbol
ANET
Transactions as of
Aug 1, 2022
Transactions value $
-$58,634
Form type
4
Date filed
8/3/2022, 06:06 PM
Previous filing
Jul 6, 2022
Next filing
Aug 24, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ANET Common Stock Options Exercise $25.6K +420 $61.05 420 Aug 1, 2022 Direct F1
transaction ANET Common Stock Options Exercise $12.7K +208 +49.52% $61.11 628 Aug 1, 2022 Direct F1
transaction ANET Common Stock Options Exercise $23.8K +420 +66.88% $56.59 1.05K Aug 1, 2022 Direct F1
transaction ANET Common Stock Sale -$121K -1.05K -100% $115.22 0 Aug 1, 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 -420 -3.6% $0.00 11.2K Aug 1, 2022 Common Stock 420 $56.59 Direct F1, F2
transaction ANET Non-Qualified Stock Option (right to buy) Options Exercise $0 -420 -4.58% $0.00 8.75K Aug 1, 2022 Common Stock 420 $61.05 Direct F1, F3
transaction ANET Non-Qualified Stock Option (right to buy) Options Exercise $0 -208 -3.57% $0.00 5.62K Aug 1, 2022 Common Stock 208 $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.