John F. McCool - 20 Feb 2025 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 Feb 2025
Net transactions value
-$3,362,228
Form type
4
Filing time
24 Feb 2025, 20:19:04 UTC
Previous filing
21 Feb 2025
Next filing
26 Feb 2025
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 +5,824 $0.000000 5,824 20 Feb 2025 by Trust F1, F2
transaction ANET Common Stock Options Exercise $0 +2,944 +51% $0.000000 8,768 20 Feb 2025 by Trust F1, F2
transaction ANET Common Stock Options Exercise $0 +1,944 +22% $0.000000 10,712 20 Feb 2025 by Trust F1, F2
transaction ANET Common Stock Options Exercise $0 +20,720 +193% $0.000000 31,432 20 Feb 2025 by Trust F1, F2
transaction ANET Common Stock Options Exercise $0 +2,076 +6.6% $0.000000 33,508 20 Feb 2025 by Trust F1, F2
transaction ANET Common Stock Options Exercise $0 +22,136 +66% $0.000000 55,644 20 Feb 2025 by Trust F1, F2
transaction ANET Common Stock Options Exercise $0 +992 +1.8% $0.000000 56,636 20 Feb 2025 by Trust F1, F2
transaction ANET Common Stock Options Exercise $0 +10,584 +19% $0.000000 67,220 20 Feb 2025 by Trust F1, F2
transaction ANET Common Stock Tax liability $3,362,228 -32,354 -48% $103.92 34,866 20 Feb 2025 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 -2,076 -8.3% $0.000000 22,824 20 Feb 2025 Common Stock 2,076 $0.000000 Direct F1, F4
transaction ANET Restricted Stock Unit-11 Award $0 +20,720 $0.000000 20,720 20 Feb 2025 Common Stock 20,720 $0.000000 Direct F1, F5
transaction ANET Restricted Stock Unit-11 Options Exercise $0 -20,720 -100% $0.000000 0 20 Feb 2025 Common Stock 20,720 $0.000000 Direct F1, F5
transaction ANET Restricted Stock Unit-12 Options Exercise $0 -992 -6.2% $0.000000 14,888 20 Feb 2025 Common Stock 992 $0.000000 Direct F1, F6
transaction ANET Restricted Stock Unit-13 Award $0 +22,136 $0.000000 22,136 20 Feb 2025 Common Stock 22,136 $0.000000 Direct F1, F7
transaction ANET Restricted Stock Unit-13 Options Exercise $0 -22,136 -100% $0.000000 0 20 Feb 2025 Common Stock 22,136 $0.000000 Direct F1, F7
transaction ANET Restricted Stock Unit-14 Award $0 +10,584 $0.000000 10,584 20 Feb 2025 Common Stock 10,584 $0.000000 Direct F1, F8
transaction ANET Restricted Stock Unit-14 Options Exercise $0 -10,584 -100% $0.000000 0 20 Feb 2025 Common Stock 10,584 $0.000000 Direct F1, F8
transaction ANET Restricted Stock Unit-5 Options Exercise $0 -5,824 -100% $0.000000 0 20 Feb 2025 Common Stock 5,824 $0.000000 Direct F1, F9
transaction ANET Restricted Stock Unit-6 Options Exercise $0 -2,944 -25% $0.000000 8,816 20 Feb 2025 Common Stock 2,944 $0.000000 Direct F1, F10
transaction ANET Restricted Stock Unit-7 Options Exercise $0 -1,944 -13% $0.000000 13,596 20 Feb 2025 Common Stock 1,944 $0.000000 Direct F1, F11
* 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, 2025.
F6 Six and one-quarter percent (6.25%) of the restricted stock units awarded Will vest on February 20, 2025 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 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, 2025.
F8 This performance stock award was granted in the first quarter of 2024 and was earned based on attainment of certain performance conditions. The award vested on February 20, 2025.
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.