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Arista Networks, Inc. — Director's Dealing 2021
Feb 24, 2021
29800_dirs_2021-02-24_a1960bf0-8190-42e9-b1ca-5e7becaef0c6.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: BECHTOLSHEIM ANDREAS (Director, Chief Development Officer, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-02-22 | Common Stock | M | 2062 | $0.0 | Acquired | 16826 | Direct |
| 2021-02-22 | Common Stock | M | 1250 | $0.0 | Acquired | 18076 | Direct |
| 2021-02-22 | Common Stock | F | 1148 | $292.16 | Disposed | 16928 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-02-22 | Restricted Stock Unit-1 | $0.0 | M | 2062 | Disposed | Common Stock (2062) | Direct | |
| 2021-02-22 | Restricted Stock Unit-2 | $0.0 | M | 1250 | Disposed | Common Stock (1250) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 12451753 | Indirect |
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: These shares are held by a family trust for which the reporting person is co-trustee.
F4: Five percent (5%) of the 41,250 restricted stock units awarded vested on February 20, 2017 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.
F5: Six and one-quarter percent (6.25%) of the 20,000 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, November 20 of each year.