MARK TEMPLETON - 21 Feb 2023 Form 4 Insider Report for Arista Networks, Inc. (ANET)

Role
Director
Signature
By: Isabelle Bertin-Bailly, Attorney-in-Fact For: Mark Templeton
Issuer symbol
ANET
Transactions as of
21 Feb 2023
Transactions value $
$0
Form type
4
Filing time
23 Feb 2023, 16:37:31 UTC
Previous filing
23 Nov 2022
Next filing
24 May 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 $0 +511 +5% $0 10,652 21 Feb 2023 Direct F1
holding ANET Common Stock 18,800 21 Feb 2023 by Spouse 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 Restricted Stock Unit-4 Options Exercise $0 -511 -50% $0 510 21 Feb 2023 Common Stock 511 $0 Direct F1, F3
* 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 in a trust for which the reporting person's spouse serves as trustee.
F3 The reporting person was granted RSUs on May 31, 2022. 1/4th of the shares vested on August 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, or November 20.