John F. McCool - Nov 21, 2022 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: Nov 21, 2022
Transactions value $: -$408,272
Form type: 4
Date filed: 11/23/2022, 04:20 PM
Previous filing: Nov 3, 2022
Next filing: Nov 25, 2022
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	+1K	+301.2%	$0.00	1.33K	Nov 21, 2022	by Trust	F1, F2
transaction	ANET	Common Stock	Options Exercise	$0	+752	+56.46%	$0.00	2.08K	Nov 21, 2022	by Trust	F1, F2
transaction	ANET	Common Stock	Options Exercise	$0	+1.25K	+60.08%	$0.00	3.34K	Nov 21, 2022	by Trust	F1, F2
transaction	ANET	Common Stock	Options Exercise	$0	+1.45K	+43.53%	$0.00	4.79K	Nov 21, 2022	by Trust	F1, F2
transaction	ANET	Common Stock	Options Exercise	$0	+736	+15.37%	$0.00	5.52K	Nov 21, 2022	by Trust	F1, F2
transaction	ANET	Common Stock	Options Exercise	$0	+435	+7.87%	$0.00	5.96K	Nov 21, 2022	by Trust	F1, F2
transaction	ANET	Common Stock	Options Exercise	$0	+488	+8.19%	$0.00	6.45K	Nov 21, 2022	by Trust	F1, F2
transaction	ANET	Common Stock	Tax liability	-$408K	-3.03K	-47.05%	$134.61	3.41K	Nov 21, 2022	by Trust	F2, F3

Showing 1 to 8 of 8 entries

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-2	Options Exercise	$0	-1K	-50%	$0.00	1K	Nov 21, 2022	Common Stock	1K	$0.00	Direct	F1, F4
transaction	ANET	Restricted Stock Unit-3	Options Exercise	$0	-752	-12.53%	$0.00	5.25K	Nov 21, 2022	Common Stock	752	$0.00	Direct	F1, F5
transaction	ANET	Restricted Stock Unit-4	Options Exercise	$0	-1.25K	-12.52%	$0.00	8.75K	Nov 21, 2022	Common Stock	1.25K	$0.00	Direct	F1, F6
transaction	ANET	Restricted Stock Unit-5	Options Exercise	$0	-1.45K	-9.98%	$0.00	13.1K	Nov 21, 2022	Common Stock	1.45K	$0.00	Direct	F1, F7
transaction	ANET	Restricted Stock Unit-6	Options Exercise	$0	-736	-7.7%	$0.00	8.82K	Nov 21, 2022	Common Stock	736	$0.00	Direct	F1, F8
transaction	ANET	Restricted Stock Unit-8	Options Exercise	$0	-435	-16.56%	$0.00	2.19K	Nov 21, 2022	Common Stock	435	$0.00	Direct	F1, F9
transaction	ANET	Restricted Stock Unit-9	Options Exercise	$0	-488	-16.58%	$0.00	2.46K	Nov 21, 2022	Common Stock	488	$0.00	Direct	F1, F10

* 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 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.
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.
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.
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.
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.
F9	This performance stock award was granted in the first quarter of 2021 and was earned based on attainment of certain performance conditions. The award vests 1/3 on February 22, 2022, and will continue to vest quarterly over 2 years. 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	This performance stock award was granted in the first quarter of 2021 and was earned based on attainment of certain performance conditions. The award vests 1/3 on February 22, 2022, and will continue to vest quarterly over 2 years. 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.