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4//SEC Filing

Sadana Anshul 4

Accession 0001596532-24-000085

CIK 0001596532other
View on SEC.govCompany Profile

Filed

Feb 21, 7:00 PM ET

Accepted

Feb 22, 7:41 PM ET

Size

50.7 KB

Accession

0001596532-24-000085

Insider Transaction Report

Form 4
Period: 2024-02-20
Arista Networks, Inc.ANET
Sadana Anshul
SVP, Customer Engineering
Transactions
  • Exercise/Conversion

    Common Stock

    2024-02-20+2,000→ 52,158 total
  • Exercise/Conversion

    Common Stock

    2024-02-20+3,264→ 61,482 total
  • Exercise/Conversion

    Common Stock

    2024-02-20+13,137→ 79,921 total
  • Exercise/Conversion

    Restricted Stock Unit-5

    2024-02-20−1,500→ 3,000 total
    Exercise: $0.00→ Common Stock (1,500 underlying)
  • Exercise/Conversion

    Restricted Stock Unit-7

    2024-02-20−2,000→ 4,000 total
    Exercise: $0.00→ Common Stock (2,000 underlying)
  • Exercise/Conversion

    Restricted Stock Unit-9

    2024-02-20−3,264→ 22,836 total
    Exercise: $0.00→ Common Stock (3,264 underlying)
  • Exercise/Conversion

    Common Stock

    2024-02-20+6,060→ 58,218 total
  • Exercise/Conversion

    Restricted Stock Unit-11

    2024-02-20−1,699→ 0 total
    Exercise: $0.00→ Common Stock (1,699 underlying)
  • Exercise/Conversion

    Common Stock

    2024-02-20+1,500→ 47,758 total
  • Exercise/Conversion

    Common Stock

    2024-02-20+2,400→ 50,158 total
  • Exercise/Conversion

    Common Stock

    2024-02-20+1,699→ 63,181 total
  • Exercise/Conversion

    Common Stock

    2024-02-20+1,904→ 65,085 total
  • Exercise/Conversion

    Common Stock

    2024-02-20+1,699→ 66,784 total
  • Exercise/Conversion

    Common Stock

    2024-02-20+1,814→ 81,735 total
  • Exercise/Conversion

    Common Stock

    2024-02-20+14,030→ 95,765 total
  • Exercise/Conversion

    Restricted Stock Unit-10

    2024-02-20−1,699→ 18,686 total
    Exercise: $0.00→ Common Stock (1,699 underlying)
  • Exercise/Conversion

    Restricted Stock Unit-12

    2024-02-20−1,904→ 0 total
    Exercise: $0.00→ Common Stock (1,904 underlying)
  • Exercise/Conversion

    Restricted Stock Unit-13

    2024-02-20−1,814→ 27,216 total
    Exercise: $0.00→ Common Stock (1,814 underlying)
  • Exercise/Conversion

    Restricted Stock Unit-14

    2024-02-20−13,137→ 0 total
    Exercise: $0.00→ Common Stock (13,137 underlying)
  • Exercise/Conversion

    Restricted Stock Unit-16

    2024-02-20−14,030→ 0 total
    Exercise: $0.00→ Common Stock (14,030 underlying)
  • Exercise/Conversion

    Restricted Stock Unit-6

    2024-02-20−2,400→ 0 total
    Exercise: $0.00→ Common Stock (2,400 underlying)
  • Exercise/Conversion

    Restricted Stock Unit-8

    2024-02-20−6,060→ 24,228 total
    Exercise: $0.00→ Common Stock (6,060 underlying)
  • Tax Payment

    Common Stock

    2024-02-20$259.61/sh−24,465$6,351,359→ 71,300 total
  • Award

    Restricted Stock Unit-14

    2024-02-20+13,137→ 13,137 total
    Exercise: $0.00→ Common Stock (13,137 underlying)
  • Award

    Restricted Stock Unit-16

    2024-02-20+14,030→ 14,030 total
    Exercise: $0.00→ Common Stock (14,030 underlying)
Footnotes (14)
  • [F1]Each restricted stock unit represents a contingent right to receive one share of Arista Networks, Inc. Common Stock upon vesting.
  • [F10]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, or November 20 of each year.
  • [F11]Five percent (5%) of the 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.
  • [F12]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.
  • [F13]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.
  • [F14]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.
  • [F2]Includes 137 shares acquired under the Arista Networks, Inc. 2014 Employee Stock Purchase Plan on February 15, 2024.
  • [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 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.
  • [F5]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.
  • [F6]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.
  • [F7]Six and one-quarter percent (6.25%) of the restricted stock units awarded will vest on on February 20, 2024 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]This performance stock award was granted in the first quarter of 2022 and was earned based on attainment of certain performance conditions. The award vested on February 20, 2024.
  • [F9]This performance stock award was granted in the first quarter of 2023 and was earned based on attainment of certain performance conditions. The award vested on February 20, 2024.

Documents

1 file

Issuer

Arista Networks, Inc.

CIK 0001596532

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Entity typeother

Related Parties

1
  • filerCIK 0001605807

Filing Metadata

Form type
4
Filed
Feb 21, 7:00 PM ET
Accepted
Feb 22, 7:41 PM ET
Size
50.7 KB
View on SEC.gov