Andreas Bechtolsheim - 21 Feb 2023 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
Issuer symbol: ANET
Transactions as of: 21 Feb 2023
Net transactions value: -$203,006
Form type: 4
Filing time: 23 Feb 2023, 16:47:15 UTC
Previous filing: 23 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	+5,000	+5%	$0.000000	104,971	21 Feb 2023	Direct	F1
transaction	ANET	Common Stock	Tax liability	$203,006	-1,509	-1.4%	$134.53	103,462	21 Feb 2023	Direct	F2
holding	ANET	Common Stock						45,807,012	21 Feb 2023	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	-5,000	-100%	$0.000000^*	0	21 Feb 2023	Common Stock	5,000	$0.000000	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.