Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Arista Networks, Inc. Director's Dealing 2023

Nov 23, 2023

29800_dirs_2023-11-22_94fe2f25-fa8f-47ac-a7c0-4460413a6b85.zip

Director's Dealing

Open in viewer

Opens in your device viewer

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Arista Networks, Inc. (ANET)
CIK: 0001596532
Period of Report: 2023-11-20

Reporting Person: McCool John F (Chief Platform Officer)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-11-20 Common Stock M 752 $0.0 Acquired 896 Indirect
2023-11-20 Common Stock M 1252 $0.0 Acquired 2148 Indirect
2023-11-20 Common Stock M 1452 $0.0 Acquired 3600 Indirect
2023-11-20 Common Stock M 736 $0.0 Acquired 4336 Indirect
2023-11-20 Common Stock M 443 $0.0 Acquired 4779 Indirect
2023-11-20 Common Stock M 496 $0.0 Acquired 5275 Indirect
2023-11-20 Common Stock M 486 $0.0 Acquired 5761 Indirect
2023-11-20 Common Stock F 2786 $215.34 Disposed 2975 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2023-11-20 Restricted Stock Unit-3 $0.0 M 752 Disposed Common Stock (752) Direct
2023-11-20 Restricted Stock Unit-4 $0.0 M 1252 Disposed Common Stock (1252) Direct
2023-11-20 Restricted Stock Unit-5 $0.0 M 1452 Disposed Common Stock (1452) Direct
2023-11-20 Restricted Stock Unit-6 $0.0 M 736 Disposed Common Stock (736) Direct
2023-11-20 Restricted Stock Unit-7 $0.0 M 486 Disposed Common Stock (486) Direct
2023-11-20 Restricted Stock Unit-8 $0.0 M 443 Disposed Common Stock (443) Direct
2023-11-20 Restricted Stock Unit-9 $0.0 M 496 Disposed Common Stock (496) Direct

Footnotes

F1: Each restricted stock unit represents a contingent right to receive one share of Arista Networks, Inc. Common Stock upon vesting.

F2: These shares are held by a family trust for which the reporting person is co-trustee.

F3: Represents shares withheld to satisfy tax withholding obligations on the vesting of restricted stock units.

F4: Six and one-quarter percent (6.25%) of the 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.

F5: Six and one-quarter percent (6.25%) of the 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 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.

F7: Six and one-quarter percent (6.25%) of the restricted stock units awarded will vest on February 20, 2022 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 restricted stock units awarded will vest on February 20, 2023 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: This performance stock award was granted in the first quarter of 2021 and was earned based on attainment of certain performance conditions. The award vests 1/3 on February 22, 2022, and will continue to vest quarterly over 2 years. 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.

F10: This performance stock award was granted in the first quarter of 2021 and was earned based on attainment of certain performance conditions. The award vests 1/3 on February 22, 2022, and will continue to vest quarterly over 2 years. 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.