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Arista Networks, Inc. — Director's Dealing 2018
May 23, 2018
29800_dirs_2018-05-23_165eea6d-5d98-456e-a87e-6abb769d641c.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Arista Networks, Inc. (ANET)
CIK: 0001596532
Period of Report: 2018-05-21
Reporting Person: Brennan Ita M (Senior Vice President, CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2018-05-21 | Common Stock | M | 3750 | $0.0 | Acquired | 13874 | Direct |
| 2018-05-21 | Common Stock | M | 375 | $0.0 | Acquired | 14249 | Direct |
| 2018-05-21 | Common Stock | M | 600 | $0.0 | Acquired | 14849 | Direct |
| 2018-05-21 | Common Stock | F | 2344 | $254.25 | Disposed | 12505 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-05-21 | Restricted Stock Unit-1 | $0.0 | M | 3750 | Disposed | Common Stock (3750) | Direct | |
| 2018-05-21 | Restricted Stock Unit-2 | $0.0 | M | 375 | Disposed | Common Stock (375) | Direct | |
| 2018-05-21 | Restricted Stock Unit-3 | $0.0 | M | 600 | Disposed | Common Stock (600) | Direct |
Footnotes
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: Twenty percent (20%) of the 75,000 restricted stock units awarded vested on May 20, 2016 and will continue to vest at a rate of five percent (5%) each quarter 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 of each year.
F4: Six and one-quarter percent (6.25%) of the 6,000 restricted stock units awarded vested on February 20, 2017 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 of each year.
F5: Five percent (5%) of the 12,000 restricted stock units awarded will vest on February 20, 2018 and five percent (5%) of the award will continue to vest 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 of each year.