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Arista Networks, Inc. Director's Dealing 2021

May 24, 2021

29800_dirs_2021-05-24_d0092a36-7bb5-4522-9cf3-4f007a575b81.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: 2021-05-20

Reporting Person: Taxay Marc (SVP and General Counsel)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-05-20 Common Stock M 600 $0.0 Acquired 600 Direct
2021-05-20 Common Stock M 313 $0.0 Acquired 913 Direct
2021-05-20 Common Stock M 218 $0.0 Acquired 1131 Direct
2021-05-20 Common Stock M 391 $0.0 Acquired 1522 Direct
2021-05-20 Common Stock M 636 $0.0 Acquired 2158 Direct
2021-05-20 Common Stock F 1073 $335.93 Disposed 1085 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2021-05-20 Restricted Stock Unit-4 $0.0 M 600 Disposed Common Stock (600) Direct
2021-05-20 Restricted Stock Unit-5 $0.0 M 313 Disposed Common Stock (313) Direct
2021-05-20 Restricted Stock Unit-6 $0.0 M 218 Disposed Common Stock (218) Direct
2021-05-20 Restricted Stock Unit-7 $0.0 M 391 Disposed Common Stock (391) Direct
2021-05-20 Restricted Stock Unit-8 $0.0 M 636 Disposed Common Stock (636) 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 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.

F4: 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.

F5: 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.

F6: 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.

F7: Six and one-quarter percent (6.25%) of the 10,180 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.