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Arista Networks, Inc. — Director's Dealing 2021
Nov 25, 2021
29800_dirs_2021-11-24_75c50e38-82ff-437b-8c6e-173e53cf94f5.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: 2021-11-22
Reporting Person: Brennan Ita M (Senior Vice President, CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-11-22 | Common Stock | M | 2400 | $0.0 | Acquired | 23332 | Direct |
| 2021-11-22 | Common Stock | M | 1252 | $0.0 | Acquired | 24584 | Direct |
| 2021-11-22 | Common Stock | M | 876 | $0.0 | Acquired | 25460 | Direct |
| 2021-11-22 | Common Stock | M | 1560 | $0.0 | Acquired | 27020 | Direct |
| 2021-11-22 | Common Stock | M | 3632 | $0.0 | Acquired | 30652 | Direct |
| 2021-11-22 | Common Stock | F | 4821 | $128.16 | Disposed | 25831 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-11-22 | Restricted Stock Unit-3 | $0.0 | M | 2400 | Disposed | Common Stock (2400) | Direct | |
| 2021-11-22 | Restricted Stock Unit-4 | $0.0 | M | 1252 | Disposed | Common Stock (1252) | Direct | |
| 2021-11-22 | Restricted Stock Unit-5 | $0.0 | M | 876 | Disposed | Common Stock (876) | Direct | |
| 2021-11-22 | Restricted Stock Unit-6 | $0.0 | M | 1560 | Disposed | Common Stock (1560) | Direct | |
| 2021-11-22 | Restricted Stock Unit-7 | $0.0 | M | 3632 | Disposed | Common Stock (3632) | 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, 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.
F5: 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.
F6: 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.
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, and November 20 of each year.
F8: 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.