John F. McCool - Jun 1, 2023 Form 4 Insider Report for Arista Networks, Inc. (ANET)

Signature
By: Isabelle Bertin-Bailly, Attorney-in-Fact For: John F. McCool
Stock symbol
ANET
Transactions as of
Jun 1, 2023
Transactions value $
-$106,598
Form type
4
Date filed
6/5/2023, 06:56 PM
Previous filing
May 25, 2023
Next filing
Jul 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ANET Common Stock Options Exercise $25.4K +416 +577.78% $61.05 488 Jun 1, 2023 by Trust F1, F2
transaction ANET Common Stock Options Exercise $23.5K +416 +85.25% $56.59 904 Jun 1, 2023 by Trust F1, F2
transaction ANET Common Stock Options Exercise $10.3K +168 +18.58% $61.11 1.07K Jun 1, 2023 by Trust F1, F2
transaction ANET Common Stock Sale -$166K -1K -93.28% $165.80 72 Jun 1, 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 -5.55% $0.00 7.08K Jun 1, 2023 Common Stock 416 $56.59 Direct F1, F3
transaction ANET Non-Qualified Stock Option (right to buy) Options Exercise $0 -416 -8.32% $0.00 4.58K Jun 1, 2023 Common Stock 416 $61.05 Direct F1, F4
transaction ANET Non-Qualified Stock Option (right to buy) Options Exercise $0 -168 -5.6% $0.00 2.83K Jun 1, 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.