Marc Taxay - 20 Aug 2024 Form 4 Insider Report for Arista Networks, Inc. (ANET)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
22 Aug 2024, 19:19:36 UTC
Prior SEC filing
05 Aug 2024
Next SEC filing
05 Sep 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
By: Isabelle Bertin-Bailly, Attorney-in-Fact For: Marc Taxay

Key filing fact

Marc Taxay filed Form 4 for Arista Networks, Inc. (ANET) on 22 Aug 2024.

Key facts

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

Change

  • Previous filing in this sequence was filed on 05 Aug 2024.
  • Current net transaction value: -$1,388,626.

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
+876
Change %
Price
$0.000000
Shares after
876
Date
20 Aug 2024
Ownership
Direct
Footnotes
F1
ANET transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+1,564
Change %
+179%
Price
$0.000000
Shares after
2,440
Date
20 Aug 2024
Ownership
Direct
Footnotes
F1
ANET transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+2,548
Change %
+104%
Price
$0.000000
Shares after
4,988
Date
20 Aug 2024
Ownership
Direct
Footnotes
F1
ANET transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+1,304
Change %
+26%
Price
$0.000000
Shares after
6,292
Date
20 Aug 2024
Ownership
Direct
Footnotes
F1
ANET transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+728
Change %
+12%
Price
$0.000000
Shares after
7,020
Date
20 Aug 2024
Ownership
Direct
Footnotes
F1
ANET transaction

Common Stock

Options Exercise

Transaction value
$0
Shares
+778
Change %
+11%
Price
$0.000000
Shares after
7,798
Date
20 Aug 2024
Ownership
Direct
Footnotes
F1
ANET transaction

Common Stock

Tax liability

Transaction value
$1,388,626
Shares
-3,925
Change %
-50%
Price
$353.79
Shares after
3,873
Date
20 Aug 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
-728
Change %
-10%
Price
$0.000000
Shares after
6,553
Date
20 Aug 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
728
Exercise price
$0.000000
Footnotes
F1, F3
ANET transaction Derivative

Restricted Stock Unit-13

Options Exercise

Transaction value
$0
Shares
-778
Change %
-7.1%
Price
$0.000000
Shares after
10,116
Date
20 Aug 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
778
Exercise price
$0.000000
Footnotes
F1, F4
ANET transaction Derivative

Restricted Stock Unit-6

Options Exercise

Transaction value
$0
Shares
-876
Change %
-100%
Price
$0.000000
Shares after
0
Date
20 Aug 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
876
Exercise price
$0.000000
Footnotes
F1, F5
ANET transaction Derivative

Restricted Stock Unit-7

Options Exercise

Transaction value
$0
Shares
-1,564
Change %
-100%
Price
$0.000000
Shares after
0
Date
20 Aug 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,564
Exercise price
$0.000000
Footnotes
F1, F6
ANET transaction Derivative

Restricted Stock Unit-8

Options Exercise

Transaction value
$0
Shares
-2,548
Change %
-33%
Price
$0.000000
Shares after
5,088
Date
20 Aug 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
2,548
Exercise price
$0.000000
Footnotes
F1, F7
ANET transaction Derivative

Restricted Stock Unit-9

Options Exercise

Transaction value
$0
Shares
-1,304
Change %
-17%
Price
$0.000000
Shares after
6,524
Date
20 Aug 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,304
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, and 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.

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .