Sadana Anshul 4

4 · Arista Networks, Inc. · Filed Feb 22, 2024

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.

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