Anshul Sadana - 20 May 2024 Form 4 Insider Report for Arista Networks, Inc. (ANET)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
22 May 2024, 19:21:31 UTC
Prior SEC filing
22 Feb 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
By: Isabelle Bertin-Bailly, Attorney-in-Fact For: Anshul Sadana

Key filing fact

Anshul Sadana filed Form 4 for Arista Networks, Inc. (ANET) on 22 May 2024.

Key facts

  • This page summarizes Anshul Sadana's Form 4 filing for Arista Networks, Inc. (ANET).
  • 13 reported transactions and 6 derivative rows are listed below.
  • Accepted by SEC: 22 May 2024, 19:21.

Change

  • Previous filing in this sequence was filed on 22 Feb 2024.
  • Current net transaction value: -$292,561.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

ANET transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+167
Change %
+0.23%
Price
$0.000000
Shares after
71,467
Date
20 May 2024
Ownership
Direct
Footnotes
F1
ANET transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+222
Change %
+0.31%
Price
$0.000000
Shares after
71,689
Date
20 May 2024
Ownership
Direct
Footnotes
F1
ANET transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+673
Change %
+0.94%
Price
$0.000000
Shares after
72,362
Date
20 May 2024
Ownership
Direct
Footnotes
F1
ANET transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+362
Change %
+0.5%
Price
$0.000000
Shares after
72,724
Date
20 May 2024
Ownership
Direct
Footnotes
F1
ANET transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+189
Change %
+0.26%
Price
$0.000000
Shares after
72,913
Date
20 May 2024
Ownership
Direct
Footnotes
F1
ANET transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+202
Change %
+0.28%
Price
$0.000000
Shares after
73,115
Date
20 May 2024
Ownership
Direct
Footnotes
F1
ANET transaction

Common Stock

Tax liability

Transaction value
$292,561
Shares
-916
Change %
-1.3%
Price
$319.39
Shares after
72,199
Date
20 May 2024
Ownership
Direct
Footnotes
F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

ANET transaction Derivative

Restricted Stock Unit-10

Options Exercise

Transaction value
$0
Shares
-189
Change %
-1%
Price
$0.000000
Shares after
18,497
Date
20 May 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
189
Exercise price
$0.000000
Footnotes
F1, F3
ANET transaction Derivative

Restricted Stock Unit-13

Options Exercise

Transaction value
$0
Shares
-202
Change %
-0.74%
Price
$0.000000
Shares after
27,014
Date
20 May 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
202
Exercise price
$0.000000
Footnotes
F1, F4
ANET transaction Derivative

Restricted Stock Unit-5

Options Exercise

Transaction value
$0
Shares
-167
Change %
-5.6%
Price
$0.000000
Shares after
2,833
Date
20 May 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
167
Exercise price
$0.000000
Footnotes
F1, F5
ANET transaction Derivative

Restricted Stock Unit-7

Options Exercise

Transaction value
$0
Shares
-222
Change %
-5.6%
Price
$0.000000
Shares after
3,778
Date
20 May 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
222
Exercise price
$0.000000
Footnotes
F1, F6
ANET transaction Derivative

Restricted Stock Unit-8

Options Exercise

Transaction value
$0
Shares
-673
Change %
-2.8%
Price
$0.000000
Shares after
23,555
Date
20 May 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
673
Exercise price
$0.000000
Footnotes
F1, F7
ANET transaction Derivative

Restricted Stock Unit-9

Options Exercise

Transaction value
$0
Shares
-362
Change %
-1.6%
Price
$0.000000
Shares after
22,474
Date
20 May 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
362
Exercise price
$0.000000
Footnotes
F1, F8
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 8 footnotes

Footnote F1

Each restricted stock unit represents a contingent right to receive one share of Arista Networks, Inc. Common Stock upon vesting.

Footnote F2

Represents shares withheld to satisfy tax withholding obligations on the vesting of restricted stock units.

Footnote F3

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.

Footnote 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.

Footnote 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, or November 20 of each year.

Footnote 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.

Footnote 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.

Footnote 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.

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