Charles Giancarlo - Feb 20, 2025 Form 4 Insider Report for Arista Networks, Inc. (ANET)

Role
Director
Signature
By: Isabelle Bertin-Bailly, Attorney-in-Fact For: Charles Giancarlo
Stock symbol
ANET
Transactions as of
Feb 20, 2025
Transactions value $
$0
Form type
4
Date filed
2/24/2025, 08:17 PM
Previous filing
Feb 5, 2025
Next filing
Mar 5, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ANET Common Stock Options Exercise +844 +0.39% 219K Feb 20, 2025 Direct F1, F2
holding ANET Common Stock 156K Feb 20, 2025 by Trust F3

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-5 Options Exercise $0 -844 -50% $0.00 844 Feb 20, 2025 Common Stock 844 Direct F1, F4
* 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 On December 4, 2024, the issuer completed a four-for-one stock split of the issuer's common stock. ALL AMOUNTS ON THIS FORM HAVE BEEN ADJUSTED TO GIVE EFFECT TO THIS STOCK SPLIT.
F3 These shares are held by a family trust for which the reporting person is co-trustee. The number of shares beneficially owned has been adjusted downward by 160 shares pursuant to an internal review of the Reporting Person's holdings. On 06/11/24 shares transferred to the trust were reported as 66,662 which should have been 66,622 as shown in the footnote. The 40 overreported shares became 160 shares after the split in December 2024. The amount show here reflects the corrected balance.
F4 The reporting person was granted RSUs on June 7, 2024. 1/4th of the shares vest on August 20, 2024 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.