John F. McCool - 20 Nov 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 Nov 2024
Net transactions value
-$613,790
Form type
4
Filing time
22 Nov 2024, 19:33:29 UTC
Previous filing
05 Nov 2024
Next filing
25 Nov 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 +1,452 +2017% $0.000000 1,524 20 Nov 2024 by Trust F1, F2
transaction ANET Common Stock Options Exercise $0 +736 +48% $0.000000 2,260 20 Nov 2024 by Trust F1, F2
transaction ANET Common Stock Options Exercise $0 +486 +22% $0.000000 2,746 20 Nov 2024 by Trust F1, F2
transaction ANET Common Stock Options Exercise $0 +519 +19% $0.000000 3,265 20 Nov 2024 by Trust F1, F2
transaction ANET Common Stock Tax liability $613,790 -1,608 -49% $381.71 1,657 20 Nov 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 -7.7% $0.000000 6,225 20 Nov 2024 Common Stock 519 $0.000000 Direct F1, F4
transaction ANET Restricted Stock Unit-5 Options Exercise $0 -1,452 -50% $0.000000 1,456 20 Nov 2024 Common Stock 1,452 $0.000000 Direct F1, F5
transaction ANET Restricted Stock Unit-6 Options Exercise $0 -736 -20% $0.000000 2,940 20 Nov 2024 Common Stock 736 $0.000000 Direct F1, F6
transaction ANET Restricted Stock Unit-7 Options Exercise $0 -486 -11% $0.000000 3,885 20 Nov 2024 Common Stock 486 $0.000000 Direct F1, F7
* 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 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.
F6 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.
F7 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.