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

Signature
By: Isabelle Bertin-Bailly, Attorney-in-Fact For: Marc Taxay
Issuer symbol
ANET
Transactions as of
20 Feb 2025
Transactions value $
-$5,139,883
Form type
4
Filing time
24 Feb 2025, 20:19:18 UTC
Previous filing
18 Feb 2025
Next filing
05 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ANET Common Stock Options Exercise $0 +10.2K $0.00 10.2K 20 Feb 2025 Direct F1, F2
transaction ANET Common Stock Options Exercise $0 +5.22K +51.26% $0.00 15.4K 20 Feb 2025 Direct F1
transaction ANET Common Stock Options Exercise $0 +2.91K +18.92% $0.00 18.3K 20 Feb 2025 Direct F1
transaction ANET Common Stock Options Exercise $0 +31.1K +169.71% $0.00 49.4K 20 Feb 2025 Direct F1
transaction ANET Common Stock Options Exercise $0 +3.11K +6.3% $0.00 52.5K 20 Feb 2025 Direct F1
transaction ANET Common Stock Options Exercise $0 +33.2K +63.26% $0.00 85.7K 20 Feb 2025 Direct F1
transaction ANET Common Stock Options Exercise $0 +1.34K +1.56% $0.00 87K 20 Feb 2025 Direct F1
transaction ANET Common Stock Options Exercise $0 +14.3K +16.42% $0.00 101K 20 Feb 2025 Direct F1
transaction ANET Common Stock Tax liability -$5.14M -49.5K -48.82% $103.92 51.8K 20 Feb 2025 Direct 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 - 18 Award $0 +14.3K $0.00 14.3K 20 Feb 2025 Common Stock 14.3K $0.00 Direct F1, F4
transaction ANET Restricted Stock Unit - 18 Options Exercise $0 -14.3K -100% $0.00 0 20 Feb 2025 Common Stock 14.3K $0.00 Direct F1, F4
transaction ANET Restricted Stock Unit-10 Options Exercise $0 -2.91K -12.5% $0.00 20.4K 20 Feb 2025 Common Stock 2.91K $0.00 Direct F1, F5
transaction ANET Restricted Stock Unit-13 Options Exercise $0 -3.11K -8.33% $0.00 34.2K 20 Feb 2025 Common Stock 3.11K $0.00 Direct F1, F6
transaction ANET Restricted Stock Unit-14 Award $0 +31.1K $0.00 31.1K 20 Feb 2025 Common Stock 31.1K $0.00 Direct F1, F7
transaction ANET Restricted Stock Unit-14 Options Exercise $0 -31.1K -100% $0.00 0 20 Feb 2025 Common Stock 31.1K $0.00 Direct F1, F7
transaction ANET Restricted Stock Unit-15 Options Exercise $0 -1.34K -6.25% $0.00 20.1K 20 Feb 2025 Common Stock 1.34K $0.00 Direct F1, F8
transaction ANET Restricted Stock Unit-16 Award $0 +33.2K $0.00 33.2K 20 Feb 2025 Common Stock 33.2K $0.00 Direct F1, F9
transaction ANET Restricted Stock Unit-16 Options Exercise $0 -33.2K -100% $0.00 0 20 Feb 2025 Common Stock 33.2K $0.00 Direct F1, F9
transaction ANET Restricted Stock Unit-8 Options Exercise $0 -10.2K -100% $0.00 0 20 Feb 2025 Common Stock 10.2K $0.00 Direct F1, F10
transaction ANET Restricted Stock Unit-9 Options Exercise $0 -5.22K -24.98% $0.00 15.7K 20 Feb 2025 Common Stock 5.22K $0.00 Direct F1, F11
* 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 Represents shares withheld to satisfy tax withholding obligations on the vesting of restricted stock units.
F4 This performance stock award was granted in the first quarter of 2024 and was earned based on attainment of certain performance conditions. The award vested on February 20, 2025.
F5 Six and one-quarter percent (6.25%) of the restricted stock units awarded will vest on February 20, 2023 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.
F6 Six and one-quarter percent (6.25%) of the restricted stock units awarded will vest on on February 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, and November 20 of each year.
F7 This performance stock award was granted in the first quarter of 2022 and was earned based on attainment of certain performance conditions. The award vested on February 20, 2025.
F8 Six and one-quarter percent (6.25%) of the restricted stock units awarded vested 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.
F9 This performance stock award was granted in the first quarter of 2023 and was earned based on attainment of certain performance conditions. The award vested on February 20, 2025.
F10 Six and one-quarter percent (6.25%) of the restricted stock units awarded vested on May 20, 2021 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.
F11 Six and one-quarter percent (6.25%) of the restricted stock units awarded will vest on February 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, and November 20 of each year.