Arista Networks, Inc. — Director's Dealing 2021

Nov 25, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Arista Networks, Inc. (ANET)
CIK: 0001596532
Period of Report: 2021-11-22

Reporting Person: Sadana Anshul (SVP, Chief Operating Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-11-22	Common Stock	M	3000	$0.0	Acquired	16064	Direct
2021-11-22	Common Stock	M	4000	$0.0	Acquired	20064	Direct
2021-11-22	Common Stock	M	1752	$0.0	Acquired	21816	Direct
2021-11-22	Common Stock	M	1500	$0.0	Acquired	23316	Direct
2021-11-22	Common Stock	M	2400	$0.0	Acquired	25716	Direct
2021-11-22	Common Stock	M	2000	$0.0	Acquired	27716	Direct
2021-11-22	Common Stock	M	6056	$0.0	Acquired	33772	Direct
2021-11-22	Common Stock	F	10270	$128.16	Disposed	23502	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-11-22	Restricted Stock Unit-2	$0.0	M	3000	Disposed		Common Stock (3000)	Direct
2021-11-22	Restricted Stock Unit-3	$0.0	M	4000	Disposed		Common Stock (4000)	Direct
2021-11-22	Restricted Stock Unit-4	$0.0	M	1752	Disposed		Common Stock (1752)	Direct
2021-11-22	Restricted Stock Unit-5	$0.0	M	1500	Disposed		Common Stock (1500)	Direct
2021-11-22	Restricted Stock Unit-6	$0.0	M	2400	Disposed		Common Stock (2400)	Direct
2021-11-22	Restricted Stock Unit-7	$0.0	M	2000	Disposed		Common Stock (2000)	Direct
2021-11-22	Restricted Stock Unit-8	$0.0	M	6056	Disposed		Common Stock (6056)	Direct

Footnotes

F1: Each restricted stock unit represents a contingent right to receive one share of Arista Networks, Inc. Common Stock upon vesting.

F2: On November 18, 2021, the issuer completed a four-for-one stock split of the issuer's common stock. All amounts 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: Five percent (5%) of the restricted stock units awarded vested on February 20, 2017 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.

F5: Five percent (5%) of the restricted stock units awarded vested 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.

F6: Six and one-quarter percent (6.25%) of the restricted stock units awarded vested on May 20, 2019 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.

F7: Six and one-quarter percent (6.25%) of the restricted stock units awarded vested on November 20, 2020 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.

F8: Five percent (5%) of the restricted stock units awarded vested on May 20, 2019 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: Six and one-quarter percent (6.25%) of the restricted stock units awarded vested on November 20, 2020 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.

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.