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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.