John F. McCool - 07 Feb 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: 07 Feb 2023
Transactions value $: -$70,883
Form type: 4
Filing time: 09 Feb 2023, 17:20:27
Previous filing: 05 Jan 2023
Next filing: 14 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	$25.6K	+420		$61.05	420	07 Feb 2023	by Trust	F1, F2
transaction	ANET	Common Stock	Options Exercise	$10.3K	+168	+40%	$61.11	588	07 Feb 2023	by Trust	F1, F2
transaction	ANET	Common Stock	Options Exercise	$23.8K	+420	+71.43%	$56.59	1.01K	07 Feb 2023	by Trust	F1, F2
transaction	ANET	Common Stock	Sale	-$131K	-1.01K	-100%	$129.52	0	07 Feb 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	-420	-4.58%	$0.00	8.75K	07 Feb 2023	Common Stock	420	$56.59	Direct	F1, F3
transaction	ANET	Non-Qualified Stock Option (right to buy)	Options Exercise	$0	-420	-6.3%	$0.00	6.25K	07 Feb 2023	Common Stock	420	$61.05	Direct	F1, F4
transaction	ANET	Non-Qualified Stock Option (right to buy)	Options Exercise	$0	-168	-4.58%	$0.00	3.5K	07 Feb 2023	Common Stock	168	$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.