John F. McCool - 03 Jan 2023 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
Issuer symbol: ANET
Transactions as of: 03 Jan 2023
Transactions value $: -$63,461
Form type: 4
Filing time: 05 Jan 2023, 17:54:56 UTC
Previous filing: 05 Dec 2022
Next filing: 09 Feb 2023
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	$25.4K	+416		$61.05	416	03 Jan 2023	by Trust	F1, F2
transaction	ANET	Common Stock	Options Exercise	$10K	+164	+39.42%	$61.11	580	03 Jan 2023	by Trust	F1, F2
transaction	ANET	Common Stock	Options Exercise	$23.5K	+416	+71.72%	$56.59	996	03 Jan 2023	by Trust	F1, F2
transaction	ANET	Common Stock	Sale	-$122K	-996	-100%	$122.91	0	03 Jan 2023	by Trust	F1, F2

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	Non-Qualified Stock Option (right to buy)	Options Exercise	$0	-416	-4.34%	$0.00	9.17K	03 Jan 2023	Common Stock	416	$56.59	Direct	F1, F3
transaction	ANET	Non-Qualified Stock Option (right to buy)	Options Exercise	$0	-416	-5.87%	$0.00	6.67K	03 Jan 2023	Common Stock	416	$61.05	Direct	F1, F4
transaction	ANET	Non-Qualified Stock Option (right to buy)	Options Exercise	$0	-164	-4.28%	$0.00	3.67K	03 Jan 2023	Common Stock	164	$61.11	Direct	F1, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The exercise and/or sales reported on this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 8, 2022.
F2	These shares are held by a family trust for which the reporting person is co-trustee.
F3	1/48th of the shares subject to the option vested and became exercisable on December 1, 2020 and 1/48th of the shares subject to the option shall continue to vest each month thereafter.
F4	1/48th of the shares subject to the option vested and became exercisable on June 1, 2020 and 1/48th of the shares subject to the option shall continue to vest each month thereafter.
F5	1/48th of the shares subject to the option vested and became exercisable on December 1, 2020 and 1/48th of the shares subject to the option shall continue to vest each month thereafter.