John F. McCool - 21 Nov 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
21 Nov 2022
Net transactions value
-$408,272
Form type
4
Filing time
23 Nov 2022, 16:20:44 UTC
Previous filing
03 Nov 2022
Next filing
25 Nov 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 $0 +1,000 +301% $0.000000 1,332 21 Nov 2022 by Trust F1, F2
transaction ANET Common Stock Options Exercise $0 +752 +56% $0.000000 2,084 21 Nov 2022 by Trust F1, F2
transaction ANET Common Stock Options Exercise $0 +1,252 +60% $0.000000 3,336 21 Nov 2022 by Trust F1, F2
transaction ANET Common Stock Options Exercise $0 +1,452 +44% $0.000000 4,788 21 Nov 2022 by Trust F1, F2
transaction ANET Common Stock Options Exercise $0 +736 +15% $0.000000 5,524 21 Nov 2022 by Trust F1, F2
transaction ANET Common Stock Options Exercise $0 +435 +7.9% $0.000000 5,959 21 Nov 2022 by Trust F1, F2
transaction ANET Common Stock Options Exercise $0 +488 +8.2% $0.000000 6,447 21 Nov 2022 by Trust F1, F2
transaction ANET Common Stock Tax liability $408,272 -3,033 -47% $134.61 3,414 21 Nov 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-2 Options Exercise $0 -1,000 -50% $0.000000 1,000 21 Nov 2022 Common Stock 1,000 $0.000000 Direct F1, F4
transaction ANET Restricted Stock Unit-3 Options Exercise $0 -752 -13% $0.000000 5,248 21 Nov 2022 Common Stock 752 $0.000000 Direct F1, F5
transaction ANET Restricted Stock Unit-4 Options Exercise $0 -1,252 -13% $0.000000 8,748 21 Nov 2022 Common Stock 1,252 $0.000000 Direct F1, F6
transaction ANET Restricted Stock Unit-5 Options Exercise $0 -1,452 -10% $0.000000 13,096 21 Nov 2022 Common Stock 1,452 $0.000000 Direct F1, F7
transaction ANET Restricted Stock Unit-6 Options Exercise $0 -736 -7.7% $0.000000 8,820 21 Nov 2022 Common Stock 736 $0.000000 Direct F1, F8
transaction ANET Restricted Stock Unit-8 Options Exercise $0 -435 -17% $0.000000 2,192 21 Nov 2022 Common Stock 435 $0.000000 Direct F1, F9
transaction ANET Restricted Stock Unit-9 Options Exercise $0 -488 -17% $0.000000 2,456 21 Nov 2022 Common Stock 488 $0.000000 Direct F1, F10
* 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 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.
F5 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.
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 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.
F8 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.
F9 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.
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.