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Arista Networks, Inc. — Director's Dealing 2021
Feb 24, 2021
29800_dirs_2021-02-24_ea013a2e-d8a8-4104-be3b-e2f785f81991.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: 2021-02-22
Reporting Person: Taxay Marc (SVP and General Counsel)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-02-22 | Common Stock | M | 600 | $0.0 | Acquired | 600 | Direct |
| 2021-02-22 | Common Stock | M | 600 | $0.0 | Acquired | 1200 | Direct |
| 2021-02-22 | Common Stock | M | 312 | $0.0 | Acquired | 1512 | Direct |
| 2021-02-22 | Common Stock | M | 219 | $0.0 | Acquired | 1731 | Direct |
| 2021-02-22 | Common Stock | M | 390 | $0.0 | Acquired | 2121 | Direct |
| 2021-02-22 | Common Stock | F | 795 | $292.16 | Disposed | 1326 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-02-22 | Restricted Stock Unit-3 | $0.0 | M | 600 | Disposed | Common Stock (600) | Direct | |
| 2021-02-22 | Restricted Stock Unit-4 | $0.0 | M | 600 | Disposed | Common Stock (600) | Direct | |
| 2021-02-22 | Restricted Stock Unit-5 | $0.0 | M | 312 | Disposed | Common Stock (312) | Direct | |
| 2021-02-22 | Restricted Stock Unit-6 | $0.0 | M | 219 | Disposed | Common Stock (219) | Direct | |
| 2021-02-22 | Restricted Stock Unit-7 | $0.0 | M | 390 | Disposed | Common Stock (390) | Direct |
Footnotes
F1: Each restricted stock unit represents a contingent right to receive one share of Arista Networks, Inc. Common Stock upon vesting.
F2: Represents shares withheld to satisfy tax withholding obligations on the vesting of restricted stock units.
F3: Five percent (5%) of the 12,000 restricted stock units awarded vested on May 20, 2016 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.
F4: Five percent (5%) of the 12,000 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 5,000 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, and November 20 of each year.
F6: Six and one-quarter percent (6.25%) of the 3,500 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 6,250 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.