Jayshree Ullal - May 20, 2025 Form 4 Insider Report for Arista Networks, Inc. (ANET)

Signature
By: Isabelle Bertin-Bailly, Attorney-in-Fact For: Jayshree Ullal
Stock symbol
ANET
Transactions as of
May 20, 2025
Transactions value $
-$2,341,881
Form type
4
Date filed
5/22/2025, 08:18 PM
Previous filing
Feb 26, 2025
Next filing
Jun 30, 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Ullal Jayshree President and CEO, Director 5453 GREAT AMERICA PARKWAY, SANTA CLARA By: Isabelle Bertin-Bailly, Attorney-in-Fact For: Jayshree Ullal 2025-05-22 0001605809

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ANET Common Stock Options Exercise $0 +20.6K +22.24% $0.00 113K May 20, 2025 Direct F1
transaction ANET Common Stock Options Exercise $0 +27.7K +24.43% $0.00 141K May 20, 2025 Direct F1
transaction ANET Common Stock Tax liability -$2.34M -24.2K -17.19% $96.70 117K May 20, 2025 Direct F2
holding ANET Common Stock 6.38M May 20, 2025 By Trust for Child 1 F3
holding ANET Common Stock 6.38M May 20, 2025 By Trust for Child 2 F3
holding ANET Common Stock 40K May 20, 2025 By Trust for Nephew F4
holding ANET Common Stock 40K May 20, 2025 By Trust for Niece F4
holding ANET Common Stock 24.5M May 20, 2025 by Trust F5

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-7 Options Exercise $0 -20.6K -25% $0.00 61.8K May 20, 2025 Common Stock 20.6K $0.00 Direct F1, F6
transaction ANET Restricted Stock Unit-8 Options Exercise $0 -27.7K -12.5% $0.00 194K May 20, 2025 Common Stock 27.7K $0.00 Direct F1, F7
* 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 Represents shares withheld to satisfy tax withholding obligations on the vesting of restricted stock units.
F3 These shares are held in trust for the benefit of the children of the reporting person for which the reporting person serves as trustee. The reporting person shares voting and investment control over the shares but disclaims beneficial ownership of the shares.
F4 These shares are held in trust for the benefit of relatives of the reporting person for which the reporting person serves as co-trustee. The reporting person shares voting and investment control over the shares but disclaims beneficial ownership of the shares.
F5 These shares are held by a family trust for which the reporting person is co-trustee.
F6 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 25% on February 21, 2023 and will continue to vest quarterly over 3 years. 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 2023 and was earned based on attainment of certain performance conditions. The award vested (25%) on February 20, 2024, and will continue to vest quarterly over 3 years. 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.