Arista Networks, Inc. — Director's Dealing 2021

Nov 9, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Arista Networks, Inc. (ANET)
CIK: 0001596532
Period of Report: 2021-11-04

Reporting Person: McCool John F (Chief Platform Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-11-04	Common Stock	M	416	$132.75	Acquired	2416	Indirect
2021-11-04	Common Stock	M	500	$244.43	Acquired	2916	Indirect
2021-11-04	Common Stock	M	1250	$226.34	Acquired	4166	Indirect
2021-11-04	Common Stock	M	1875	$244.2	Acquired	6041	Indirect
2021-11-04	Common Stock	S	4041	$496.03	Disposed	2000	Indirect
2021-11-04	Common Stock	S	100	$498.16	Disposed	1900	Indirect
2021-11-04	Common Stock	S	100	$509.06	Disposed	1800	Indirect
2021-11-04	Common Stock	S	100	$512.21	Disposed	1700	Indirect
2021-11-04	Common Stock	S	200	$517.84	Disposed	1500	Indirect
2021-11-04	Common Stock	S	100	$520.36	Disposed	1400	Indirect
2021-11-04	Common Stock	S	200	$522.19	Disposed	1200	Indirect
2021-11-04	Common Stock	S	300	$523.65	Disposed	900	Indirect
2021-11-04	Common Stock	S	200	$526.59	Disposed	700	Indirect
2021-11-04	Common Stock	S	100	$528.89	Disposed	600	Indirect
2021-11-04	Common Stock	S	300	$530.5667	Disposed	300	Indirect
2021-11-04	Common Stock	S	300	$532.86	Disposed	0	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-11-04	Non-Qualified Stock Option (right to buy)	$132.75	M	416	Disposed	2027-04-16	Common Stock (416)	Direct
2021-11-04	Non-Qualified Stock Option (right to buy)	$226.34	M	1250	Disposed	2029-02-07	Common Stock (1250)	Direct
2021-11-04	Non-Qualified Stock Option (right to buy)	$244.2	M	1875	Disposed	2028-04-12	Common Stock (1875)	Direct
2021-11-04	Non-Qualified Stock Option (right to buy)	$244.43	M	500	Disposed	2028-11-08	Common Stock (500)	Direct

Footnotes

F1: The exercise and/or sales reported on this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 10, 2021.

F2: These shares are held by a family trust for which the reporting person is co-trustee.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $517.61 to $518.07, inclusive. The reporting person undertakes to provide Arista Networks, Inc., any security holder of Arista Networks, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $521.74 to $522.64, inclusive. The reporting person undertakes to provide Arista Networks, Inc., any security holder of Arista Networks, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F5: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $523.06 to $523.95, inclusive. The reporting person undertakes to provide Arista Networks, Inc., any security holder of Arista Networks, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F6: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $526.27 to $526.91, inclusive. The reporting person undertakes to provide Arista Networks, Inc., any security holder of Arista Networks, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F7: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $530.33 to $531.03, inclusive. The reporting person undertakes to provide Arista Networks, Inc., any security holder of Arista Networks, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F8: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $532.54 to $533.19, inclusive. The reporting person undertakes to provide Arista Networks, Inc., any security holder of Arista Networks, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F9: 1/5th of the 5,000 shares subject to the option vested and became exercisable on March 20, 2018 and 1/60th of the shares subject to the option shall vest each month thereafter.

F10: 1/48th of the 5,000 shares subject to the option vested and became exercisable on December 1, 2020 and 1/48th of the shares subject to the option shall continue to vest each month thereafter.

F11: 1/48th of the 5,000 shares subject to the option vested and became exercisable on June 1, 2020 and 1/48th of the shares subject to the option shall continue to vest each month thereafter.

F12: 1/48th of the 2,000 shares subject to the option vested and became exercisable on December 1, 2020 and 1/48th of the shares subject to the option shall continue to vest each month thereafter.