John F. McCool - 20 Aug 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 Aug 2024
Net transactions value
-$924,099
Form type
4
Filing time
22 Aug 2024, 19:19:26 UTC
Previous filing
05 Aug 2024
Next filing
23 Aug 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 +748 +1039% $0.000000 820 20 Aug 2024 by Trust F1, F2, F3
transaction ANET Common Stock Options Exercise $0 +1,248 +152% $0.000000 2,068 20 Aug 2024 by Trust F1, F3
transaction ANET Common Stock Options Exercise $0 +1,456 +70% $0.000000 3,524 20 Aug 2024 by Trust F1, F3
transaction ANET Common Stock Options Exercise $0 +732 +21% $0.000000 4,256 20 Aug 2024 by Trust F1, F3
transaction ANET Common Stock Options Exercise $0 +485 +11% $0.000000 4,741 20 Aug 2024 by Trust F1, F3
transaction ANET Common Stock Options Exercise $0 +518 +11% $0.000000 5,259 20 Aug 2024 by Trust F1, F3
transaction ANET Common Stock Tax liability $924,099 -2,612 -50% $353.79 2,647 20 Aug 2024 by Trust F3, F4

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 -518 -7.1% $0.000000 6,744 20 Aug 2024 Common Stock 518 $0.000000 Direct F1, F5
transaction ANET Restricted Stock Unit-3 Options Exercise $0 -748 -100% $0.000000 0 20 Aug 2024 Common Stock 748 $0.000000 Direct F1, F6
transaction ANET Restricted Stock Unit-4 Options Exercise $0 -1,248 -100% $0.000000 0 20 Aug 2024 Common Stock 1,248 $0.000000 Direct F1, F7
transaction ANET Restricted Stock Unit-5 Options Exercise $0 -1,456 -33% $0.000000 2,908 20 Aug 2024 Common Stock 1,456 $0.000000 Direct F1, F8
transaction ANET Restricted Stock Unit-6 Options Exercise $0 -732 -17% $0.000000 3,676 20 Aug 2024 Common Stock 732 $0.000000 Direct F1, F9
transaction ANET Restricted Stock Unit-7 Options Exercise $0 -485 -10% $0.000000 4,371 20 Aug 2024 Common Stock 485 $0.000000 Direct F1, F10
* 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 Includes 72 shares acquired under the Arista Networks, Inc. 2014 Employee Stock Purchase Plan on August 15, 2024.
F3 These shares are held by a family trust for which the reporting person is co-trustee.
F4 Represents shares withheld to satisfy tax withholding obligations on the vesting of restricted stock units.
F5 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.
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 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 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.
F9 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.
F10 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.