John F. McCool - Feb 20, 2024 Form 4 Insider Report for Arista Networks, Inc. (ANET)

Role: Chief Platform Officer
Signature: By: Isabelle Bertin-Bailly, Attorney-in-Fact For: John F. McCool
Stock symbol: ANET
Transactions as of: Feb 20, 2024
Transactions value $: -$1,743,281
Form type: 4
Date filed: 2/22/2024, 07:40 PM
Previous filing: Feb 21, 2024
Next filing: Feb 26, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ANET	Common Stock	Options Exercise	$0	+748		$0.00	748	Feb 20, 2024	by Trust	F1, F2
transaction	ANET	Common Stock	Options Exercise	$0	+1.25K	+166.84%	$0.00	2K	Feb 20, 2024	by Trust	F1, F2
transaction	ANET	Common Stock	Options Exercise	$0	+1.46K	+72.95%	$0.00	3.45K	Feb 20, 2024	by Trust	F1, F2
transaction	ANET	Common Stock	Options Exercise	$0	+736	+21.32%	$0.00	4.19K	Feb 20, 2024	by Trust	F1, F2
transaction	ANET	Common Stock	Options Exercise	$0	+436	+10.41%	$0.00	4.62K	Feb 20, 2024	by Trust	F1, F2
transaction	ANET	Common Stock	Options Exercise	$0	+488	+10.55%	$0.00	5.11K	Feb 20, 2024	by Trust	F1, F2
transaction	ANET	Common Stock	Options Exercise	$0	+3.76K	+73.45%	$0.00	8.87K	Feb 20, 2024	by Trust	F1, F2
transaction	ANET	Common Stock	Options Exercise	$0	+519	+5.85%	$0.00	9.39K	Feb 20, 2024	by Trust	F1, F2
transaction	ANET	Common Stock	Options Exercise	$0	+4.01K	+42.72%	$0.00	13.4K	Feb 20, 2024	by Trust	F1, F2
transaction	ANET	Common Stock	Options Exercise	$0	+485	+3.62%	$0.00	13.9K	Feb 20, 2024	by Trust	F1, F2
transaction	ANET	Common Stock	Tax liability	-$1.74M	-6.72K	-48.38%	$259.61	7.17K	Feb 20, 2024	by Trust	F2, F3

Showing 1 to 11 of 11 entries

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-10	Options Exercise	$0	-519	-6.25%	$0.00	7.78K	Feb 20, 2024	Common Stock	519	$0.00	Direct	F1, F4
transaction	ANET	Restricted Stock Unit-11	Award	$0	+3.76K		$0.00	3.76K	Feb 20, 2024	Common Stock	3.76K	$0.00	Direct	F1, F5
transaction	ANET	Restricted Stock Unit-11	Options Exercise	$0	-3.76K	-100%	$0.00^*	0	Feb 20, 2024	Common Stock	3.76K	$0.00	Direct	F1, F5
transaction	ANET	Restricted Stock Unit-13	Award	$0	+4.01K		$0.00	4.01K	Feb 20, 2024	Common Stock	4.01K	$0.00	Direct	F1, F6
transaction	ANET	Restricted Stock Unit-13	Options Exercise	$0	-4.01K	-100%	$0.00^*	0	Feb 20, 2024	Common Stock	4.01K	$0.00	Direct	F1, F6
transaction	ANET	Restricted Stock Unit-3	Options Exercise	$0	-748	-33.27%	$0.00	1.5K	Feb 20, 2024	Common Stock	748	$0.00	Direct	F1, F7
transaction	ANET	Restricted Stock Unit-4	Options Exercise	$0	-1.25K	-33.3%	$0.00	2.5K	Feb 20, 2024	Common Stock	1.25K	$0.00	Direct	F1, F8
transaction	ANET	Restricted Stock Unit-5	Options Exercise	$0	-1.46K	-20.01%	$0.00	5.82K	Feb 20, 2024	Common Stock	1.46K	$0.00	Direct	F1, F9
transaction	ANET	Restricted Stock Unit-6	Options Exercise	$0	-736	-12.52%	$0.00	5.14K	Feb 20, 2024	Common Stock	736	$0.00	Direct	F1, F10
transaction	ANET	Restricted Stock Unit-7	Options Exercise	$0	-485	-8.32%	$0.00	5.34K	Feb 20, 2024	Common Stock	485	$0.00	Direct	F1, F11
transaction	ANET	Restricted Stock Unit-8	Options Exercise	$0	-436	-100%	$0.00^*	0	Feb 20, 2024	Common Stock	436	$0.00	Direct	F1, F12
transaction	ANET	Restricted Stock Unit-9	Options Exercise	$0	-488	-100%	$0.00^*	0	Feb 20, 2024	Common Stock	488	$0.00	Direct	F1, F13

* 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	Represents shares withheld to satisfy tax withholding obligations on the vesting of restricted stock units.
F4	Six and one-quarter percent (6.25%) of the restricted stock units awarded will vest on on February 20, 2024 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.
F5	This performance stock award was granted in the first quarter of 2022 and was earned based on attainment of certain performance conditions. The award vested on February 20, 2024.
F6	This performance stock award was granted in the first quarter of 2023 and was earned based on attainment of certain performance conditions. The award vested on February 20, 2024.
F7	Six and one-quarter percent (6.25%) of the restricted stock units awarded vested on November 20, 2020 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.
F8	Six and one-quarter percent (6.25%) of the restricted stock units awarded vested on November 20, 2020 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.
F9	Six and one-quarter percent (6.25%) of the restricted stock units awarded vested on May 20, 2021 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.
F10	Six and one-quarter percent (6.25%) of the restricted stock units awarded will vest on February 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, and November 20 of each year.
F11	Six and one-quarter percent (6.25%) of the restricted stock units awarded will vest on February 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, and November 20 of each year.
F12	This performance stock award was granted in the first quarter of 2021 and was earned based on attainment of certain performance conditions. The award vests 1/3 on February 22, 2022, and will continue to vest quarterly over 2 years. 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.
F13	This performance stock award was granted in the first quarter of 2021 and was earned based on attainment of certain performance conditions. The award vests 1/3 on February 22, 2022, and will continue to vest quarterly over 2 years. 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.