Kenneth Duda - Feb 9, 2024 Form 4 Insider Report for Arista Networks, Inc. (ANET)

Role
CTO and SVP Software Eng., Director
Signature
By: Isabelle Bertin-Bailly, Attorney-in-Fact For: Kenneth Duda
Stock symbol
ANET
Transactions as of
Feb 9, 2024
Transactions value $
$0
Form type
4
Date filed
2/13/2024, 07:10 PM
Previous filing
Jan 12, 2024
Next filing
Feb 14, 2024

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-13 Award $0 +7.34K $0.00 7.34K Feb 9, 2024 Common Stock 7.34K $0.00 Direct F1, F2
transaction ANET Restricted Stock Unit-14 Award $0 +99.1K $0.00 99.1K Feb 9, 2024 Common Stock 99.1K $0.00 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 Six and one-quarter percent (6.25%) of the restricted stock units awarded Will vest on February 20, 2025 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.
F3 Five percent (5%) of the restricted stock units awarded will vest on November 20, 2025 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.