MARK B. TEMPLETON - 20 Feb 2024 Form 4 Insider Report for Arista Networks, Inc. (ANET)

Role
Director
Signature
By: Isabelle Bertin-Bailly, Attorney-in-Fact For: Mark Templeton
Issuer symbol
ANET
Transactions as of
20 Feb 2024
Net transactions value
$0
Form type
4
Filing time
22 Feb 2024, 19:39:48 UTC
Previous filing
12 Dec 2023
Next filing
22 May 2024
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 +373 +3.1% $0.000000 12,280 20 Feb 2024 Direct
holding ANET Common Stock 18,800 20 Feb 2024 by Spouse F1

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-5 Options Exercise $0 -373 -50% $0.000000 372 20 Feb 2024 Common Stock 373 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares are held in a trust for which the reporting person's spouse serves as trustee.
F2 Each restricted stock unit represents a contingent right to receive one share of Arista Networks, Inc. Common Stock upon vesting.
F3 The reporting person was granted RSUs on June 14, 2023. 1/4th of the shares vest on August 20, 2023 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.