Charles H. Giancarlo - 20 May 2024 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
20 May 2024
Net transactions value
$0
Form type
4
Filing time
22 May 2024, 19:19:49 UTC
Previous filing
03 May 2024
Next filing
05 Jun 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ANET Common Stock Options Exercise $0 +372 +0.69% $0.000000 54,064 20 May 2024 Direct F1
holding ANET Common Stock 56,946 20 May 2024 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-4 Options Exercise $0 -372 -100% $0.000000* 0 20 May 2024 Common Stock 372 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 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.