Marc Taxay - 20 Feb 2025 Form 4 Insider Report for Arista Networks, Inc. (ANET)

Role
SVP and General Counsel
Signature
By: Isabelle Bertin-Bailly, Attorney-in-Fact For: Marc Taxay
Issuer symbol
ANET
Transactions as of
20 Feb 2025
Net transactions value
-$5,139,883
Form type
4
Filing time
24 Feb 2025, 20:19:18 UTC
Previous filing
18 Feb 2025
Next filing
05 Mar 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 +10,176 $0.000000 10,176 20 Feb 2025 Direct F1, F2
transaction ANET Common Stock Options Exercise $0 +5,216 +51% $0.000000 15,392 20 Feb 2025 Direct F1
transaction ANET Common Stock Options Exercise $0 +2,912 +19% $0.000000 18,304 20 Feb 2025 Direct F1
transaction ANET Common Stock Options Exercise $0 +31,064 +170% $0.000000 49,368 20 Feb 2025 Direct F1
transaction ANET Common Stock Options Exercise $0 +3,112 +6.3% $0.000000 52,480 20 Feb 2025 Direct F1
transaction ANET Common Stock Options Exercise $0 +33,200 +63% $0.000000 85,680 20 Feb 2025 Direct F1
transaction ANET Common Stock Options Exercise $0 +1,340 +1.6% $0.000000 87,020 20 Feb 2025 Direct F1
transaction ANET Common Stock Options Exercise $0 +14,288 +16% $0.000000 101,308 20 Feb 2025 Direct F1
transaction ANET Common Stock Tax liability $5,139,883 -49,460 -49% $103.92 51,848 20 Feb 2025 Direct 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 - 18 Award $0 +14,288 $0.000000 14,288 20 Feb 2025 Common Stock 14,288 $0.000000 Direct F1, F4
transaction ANET Restricted Stock Unit - 18 Options Exercise $0 -14,288 -100% $0.000000 0 20 Feb 2025 Common Stock 14,288 $0.000000 Direct F1, F4
transaction ANET Restricted Stock Unit-10 Options Exercise $0 -2,912 -12% $0.000000 20,388 20 Feb 2025 Common Stock 2,912 $0.000000 Direct F1, F5
transaction ANET Restricted Stock Unit-13 Options Exercise $0 -3,112 -8.3% $0.000000 34,236 20 Feb 2025 Common Stock 3,112 $0.000000 Direct F1, F6
transaction ANET Restricted Stock Unit-14 Award $0 +31,064 $0.000000 31,064 20 Feb 2025 Common Stock 31,064 $0.000000 Direct F1, F7
transaction ANET Restricted Stock Unit-14 Options Exercise $0 -31,064 -100% $0.000000 0 20 Feb 2025 Common Stock 31,064 $0.000000 Direct F1, F7
transaction ANET Restricted Stock Unit-15 Options Exercise $0 -1,340 -6.2% $0.000000 20,100 20 Feb 2025 Common Stock 1,340 $0.000000 Direct F1, F8
transaction ANET Restricted Stock Unit-16 Award $0 +33,200 $0.000000 33,200 20 Feb 2025 Common Stock 33,200 $0.000000 Direct F1, F9
transaction ANET Restricted Stock Unit-16 Options Exercise $0 -33,200 -100% $0.000000 0 20 Feb 2025 Common Stock 33,200 $0.000000 Direct F1, F9
transaction ANET Restricted Stock Unit-8 Options Exercise $0 -10,176 -100% $0.000000 0 20 Feb 2025 Common Stock 10,176 $0.000000 Direct F1, F10
transaction ANET Restricted Stock Unit-9 Options Exercise $0 -5,216 -25% $0.000000 15,664 20 Feb 2025 Common Stock 5,216 $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 On December 4, 2024, the issuer completed a four-for-one stock split of the issuer's common stock. ALL AMOUNTS ON THIS FORM HAVE BEEN ADJUSTED TO GIVE EFFECT TO THIS STOCK SPLIT.
F3 Represents shares withheld to satisfy tax withholding obligations on the vesting of restricted stock units.
F4 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.
F5 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.
F6 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.
F7 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.
F8 Six and one-quarter percent (6.25%) of the restricted stock units awarded vested 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.
F9 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.
F10 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.
F11 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.