John F. McCool - 20 May 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
Issuer symbol: ANET
Transactions as of: 20 May 2024
Net transactions value: -$836,482
Form type: 4
Filing time: 22 May 2024, 19:21:17 UTC
Previous filing: 06 May 2024
Next filing: 23 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	+752		$0.000000	752	20 May 2024	by Trust	F1, F2
transaction	ANET	Common Stock	Options Exercise	$0	+1,252	+166%	$0.000000	2,004	20 May 2024	by Trust	F1, F2
transaction	ANET	Common Stock	Options Exercise	$0	+1,456	+73%	$0.000000	3,460	20 May 2024	by Trust	F1, F2
transaction	ANET	Common Stock	Options Exercise	$0	+736	+21%	$0.000000	4,196	20 May 2024	by Trust	F1, F2
transaction	ANET	Common Stock	Options Exercise	$0	+486	+12%	$0.000000	4,682	20 May 2024	by Trust	F1, F2
transaction	ANET	Common Stock	Options Exercise	$0	+519	+11%	$0.000000	5,201	20 May 2024	by Trust	F1, F2
transaction	ANET	Common Stock	Tax liability	$836,482	-2,619	-50%	$319.39	2,582	20 May 2024	by Trust	F2, 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-10	Options Exercise	$0	-519	-6.7%	$0.000000	7,262	20 May 2024	Common Stock	519	$0.000000	Direct	F1, F4
transaction	ANET	Restricted Stock Unit-3	Options Exercise	$0	-752	-50%	$0.000000	748	20 May 2024	Common Stock	752	$0.000000	Direct	F1, F5
transaction	ANET	Restricted Stock Unit-4	Options Exercise	$0	-1,252	-50%	$0.000000	1,248	20 May 2024	Common Stock	1,252	$0.000000	Direct	F1, F6
transaction	ANET	Restricted Stock Unit-5	Options Exercise	$0	-1,456	-25%	$0.000000	4,364	20 May 2024	Common Stock	1,456	$0.000000	Direct	F1, F7
transaction	ANET	Restricted Stock Unit-6	Options Exercise	$0	-736	-14%	$0.000000	4,408	20 May 2024	Common Stock	736	$0.000000	Direct	F1, F8
transaction	ANET	Restricted Stock Unit-7	Options Exercise	$0	-486	-9.1%	$0.000000	4,856	20 May 2024	Common Stock	486	$0.000000	Direct	F1, F9

* 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	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.
F6	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.
F7	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.
F8	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.
F9	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.