John F. McCool - Aug 20, 2021 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
Stock symbol
ANET
Transactions as of
Aug 20, 2021
Transactions value $
-$617,296
Form type
4
Date filed
8/24/2021, 09:31 PM
Previous filing
May 24, 2021
Next filing
Nov 8, 2021
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 +2.25K +735.29% $0.00 2.56K Aug 20, 2021 by Trust F1, F2, F3
transaction ANET Common Stock Options Exercise $0 +250 +9.78% $0.00 2.81K Aug 20, 2021 by Trust F1, F3
transaction ANET Common Stock Options Exercise $0 +187 +6.66% $0.00 2.99K Aug 20, 2021 by Trust F1, F3
transaction ANET Common Stock Options Exercise $0 +312 +10.42% $0.00 3.31K Aug 20, 2021 by Trust F1, F3
transaction ANET Common Stock Options Exercise $0 +364 +11.01% $0.00 3.67K Aug 20, 2021 by Trust F1, F3
transaction ANET Common Stock Tax liability -$617K -1.67K -45.49% $369.86 2K Aug 20, 2021 by Trust F3, F4

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-1 Options Exercise $0 -2.25K -25% $0.00 6.75K Aug 20, 2021 Common Stock 2.25K $0.00 Direct F1, F5
transaction ANET Restricted Stock Unit-2 Options Exercise $0 -250 -14.29% $0.00 1.5K Aug 20, 2021 Common Stock 250 $0.00 Direct F1, F6
transaction ANET Restricted Stock Unit-3 Options Exercise $0 -187 -7.67% $0.00 2.25K Aug 20, 2021 Common Stock 187 $0.00 Direct F1, F7
transaction ANET Restricted Stock Unit-4 Options Exercise $0 -312 -7.68% $0.00 3.75K Aug 20, 2021 Common Stock 312 $0.00 Direct F1, F8
transaction ANET Restricted Stock Unit-5 Options Exercise $0 -364 -6.67% $0.00 5.09K Aug 20, 2021 Common Stock 364 $0.00 Direct F1, F9
* 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 Includes 41 shares acquired under the Arista Networks, Inc. 2014 Employee Stock Purchase Plan on August 16, 2021.
F3 These shares are held by a family trust for which the reporting person is co-trustee.
F4 Represents shares withheld to satisfy tax withholding obligations on the vesting of restricted stock units.
F5 1/5th of the 45,000 restricted stock unit award vested on May 20, 2018 and 1/20th of the award will vest 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 4,000 restricted stock units awarded vested on May 20, 2019 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.
F7 Six and one-quarter percent (6.25%) of the 3,000 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.
F8 Six and one-quarter percent (6.25%) of the 5,000 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.
F9 Six and one-quarter percent (6.25%) of the 5,820 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.