Kenneth Duda - 09 Feb 2024 Form 4 Insider Report for Arista Networks, Inc. (ANET)

Role
CTO and SVP Software Eng., Director
Signature
By: Isabelle Bertin-Bailly, Attorney-in-Fact For: Kenneth Duda
Issuer symbol
ANET
Transactions as of
09 Feb 2024
Transactions value $
$0
Form type
4
Filing time
13 Feb 2024, 19:10:21 UTC
Previous filing
12 Jan 2024
Next filing
14 Feb 2024
SEC
View on sec.gov

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-13 Award $0 +7,340 $0 7,340 09 Feb 2024 Common Stock 7,340 $0 Direct F1, F2
transaction ANET Restricted Stock Unit-14 Award $0 +99,080 $0 99,080 09 Feb 2024 Common Stock 99,080 $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 Six and one-quarter percent (6.25%) of the restricted stock units awarded Will vest on February 20, 2025 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.
F3 Five percent (5%) of the restricted stock units awarded will vest on November 20, 2025 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.