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Arista Networks, Inc. — Director's Dealing 2021
Aug 25, 2021
29800_dirs_2021-08-24_a152ee54-7d19-4805-a8ff-c68aba1459ea.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: 2021-08-20
Reporting Person: McCool John F (Chief Platform Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-08-20 | Common Stock | M | 2250 | $0.0 | Acquired | 2556 | Indirect |
| 2021-08-20 | Common Stock | M | 250 | $0.0 | Acquired | 2806 | Indirect |
| 2021-08-20 | Common Stock | M | 187 | $0.0 | Acquired | 2993 | Indirect |
| 2021-08-20 | Common Stock | M | 312 | $0.0 | Acquired | 3305 | Indirect |
| 2021-08-20 | Common Stock | M | 364 | $0.0 | Acquired | 3669 | Indirect |
| 2021-08-20 | Common Stock | F | 1669 | $369.86 | Disposed | 2000 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-08-20 | Restricted Stock Unit-1 | $0.0 | M | 2250 | Disposed | Common Stock (2250) | Direct | |
| 2021-08-20 | Restricted Stock Unit-2 | $0.0 | M | 250 | Disposed | Common Stock (250) | Direct | |
| 2021-08-20 | Restricted Stock Unit-3 | $0.0 | M | 187 | Disposed | Common Stock (187) | Direct | |
| 2021-08-20 | Restricted Stock Unit-4 | $0.0 | M | 312 | Disposed | Common Stock (312) | Direct | |
| 2021-08-20 | Restricted Stock Unit-5 | $0.0 | M | 364 | Disposed | Common Stock (364) | Direct |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive one share of Arista Networks, Inc. Common Stock upon vesting.
F2: Includes 41 shares acquired under the Arista Networks, Inc. 2014 Employee Stock Purchase Plan on August 16, 2021.
F3: These shares are held by a family trust for which the reporting person is co-trustee.
F4: Represents shares withheld to satisfy tax withholding obligations on the vesting of restricted stock units.
F5: 1/5th of the 45,000 restricted stock unit award vested on May 20, 2018 and 1/20th of the award will 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 and November 20 of each year.
F6: Six and one-quarter percent (6.25%) of the 4,000 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 3,000 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 5,000 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.
F9: Six and one-quarter percent (6.25%) of the 5,820 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.