Charles H. Giancarlo - 21 Feb 2023 Form 4 Insider Report for Arista Networks, Inc. (ANET)

Role: Director
Signature: By: Isabelle Bertin-Bailly, Attorney-in-Fact For: Charles Giancarlo
Issuer symbol: ANET
Transactions as of: 21 Feb 2023
Net transactions value: $0
Form type: 4
Filing time: 23 Feb 2023, 16:37:10 UTC
Previous filing: 03 Feb 2023
Next filing: 03 Mar 2023
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	+511	+0.99%	$0.000000	52,064	21 Feb 2023	Direct	F1
holding	ANET	Common Stock						86,946	21 Feb 2023	by Trust	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	Restricted Stock Unit-3	Options Exercise	$0	-511	-50%	$0.000000	510	21 Feb 2023	Common Stock	511	$0.000000	Direct	F1, F3

* 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	The reporting person was granted RSUs on May 31, 2022. 1/4th of the shares vested on August 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, or November 20.