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Arista Networks, Inc. — Director's Dealing 2023
Nov 23, 2023
29800_dirs_2023-11-22_94fe2f25-fa8f-47ac-a7c0-4460413a6b85.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: 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.