John F. McCool - 01 Dec 2022 Form 4 Insider Report for Arista Networks, Inc. (ANET)

Signature
By: Isabelle Bertin-Bailly, Attorney-in-Fact For: John F. McCool
Issuer symbol
ANET
Transactions as of
01 Dec 2022
Net transactions value
-$127,344
Form type
4
Filing time
05 Dec 2022, 18:08:35 UTC
Previous filing
25 Nov 2022
Next filing
05 Jan 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ANET Common Stock Options Exercise $25,397 +416 +125% $61.05 748 01 Dec 2022 by Trust F1, F2
transaction ANET Common Stock Options Exercise $10,266 +168 +22% $61.11 916 01 Dec 2022 by Trust F1, F2
transaction ANET Common Stock Options Exercise $23,539 +416 +45% $56.58 1,332 01 Dec 2022 by Trust F1, F2
transaction ANET Common Stock Sale $186,547 -1,332 -100% $140.05 0 01 Dec 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 -4.2% $0.000000 9,584 01 Dec 2022 Common Stock 416 $56.58 Direct F1, F3
transaction ANET Non-Qualified Stock Option (right to buy) Options Exercise $0 -416 -5.5% $0.000000 7,084 01 Dec 2022 Common Stock 416 $61.05 Direct F1, F4
transaction ANET Non-Qualified Stock Option (right to buy) Options Exercise $0 -168 -4.2% $0.000000 3,832 01 Dec 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.