Form 4 for ANET Arista Networks
Accepted 2021-08-24 00:00:00 ET · period of report 2021-08-20 · accession 0001596532-21-000291 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2021-08-24 | 2021-08-20 | ANET | Duda Kenneth | CTO, SVP Software Eng | M - OptEx | $0.00 | +2,791 | 4,340 | +180% | $0 |
| D | 2021-08-24 | 2021-08-20 | ANET | Duda Kenneth | CTO, SVP Software Eng | F - Tax | $369.86 | -1,385 | 3,622 | -28% | -$512.3K |
| DM | 2021-08-24 | 2021-08-20 | ANET | Duda Kenneth | CTO, SVP Software Eng | M - OptEx | $0.00 | -2,791 | 9,327 | -23% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2021-08-20 | M | A | 667 | $0.00 | 5,007 | D | — | — | (F1) Each restricted stock unit represents a contingent right to receive one share of Arista Networks, Inc. Common Stock upon vesting. |
| 2 | Common | Common Stock | 2021-08-20 | F | D | 1,385 | $369.86 | 3,622 | D | — | — | |
| 3 | Common | Common Stock | 2021-08-20 | M | A | 312 | $0.00 | 3,903 | D | — | — | (F1) Each restricted stock unit represents a contingent right to receive one share of Arista Networks, Inc. Common Stock upon vesting. |
| 4 | Common | Common Stock | 2021-08-20 | M | A | 375 | $0.00 | 3,591 | D | — | — | (F1) Each restricted stock unit represents a contingent right to receive one share of Arista Networks, Inc. Common Stock upon vesting. |
| 5 | Common | Common Stock | 2021-08-20 | M | A | 1,000 | $0.00 | 3,216 | D | — | — | (F1) Each restricted stock unit represents a contingent right to receive one share of Arista Networks, Inc. Common Stock upon vesting. |
| 6 | Common | Common Stock | 2021-08-20 | M | A | 437 | $0.00 | 4,340 | D | — | — | (F1) Each restricted stock unit represents a contingent right to receive one share of Arista Networks, Inc. Common Stock upon vesting. |
| 7 | Derivative | Restricted Stock Unit-2 | 2021-08-20 | M | D | 1,000 | $0.00 | 5,000 | D | $0.00 · — to — | 1,000 Common Stock | (F1) Each restricted stock unit represents a contingent right to receive one share of Arista Networks, Inc. Common Stock upon vesting. (F8) Five percent (5%) of the 20,000 restricted stock units awarded vested on February 20, 2018 and five percent (5%) of the award will continue to vest 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. |
| 8 | Derivative | Restricted Stock Unit-3 | 2021-08-20 | M | D | 375 | $0.00 | 2,250 | D | $0.00 · — to — | 375 Common Stock | (F1) Each restricted stock unit represents a contingent right to receive one share of Arista Networks, Inc. Common Stock upon vesting. (F9) Six and one-quarter percent (6.25%) of the 6,000 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, or November 20 of each year. |
| 9 | Derivative | Restricted Stock Unit-4 | 2021-08-20 | M | D | 312 | $0.00 | 3,750 | D | $0.00 · — to — | 312 Common Stock | (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 5,000 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. |
| 10 | Derivative | Restricted Stock Unit-5 | 2021-08-20 | M | D | 437 | $0.00 | 5,250 | D | $0.00 · — to — | 437 Common Stock | (F1) Each restricted stock unit represents a contingent right to receive one share of Arista Networks, Inc. Common Stock upon vesting. (F11) Six and one-quarter percent (6.25%) of the 7,000 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. |
| 11 | Derivative | Restricted Stock Unit-6 | 2021-08-20 | M | D | 667 | $0.00 | 9,327 | D | $0.00 · — to — | 667 Common Stock | (F1) Each restricted stock unit represents a contingent right to receive one share of Arista Networks, Inc. Common Stock upon vesting. (F12) Six and one-quarter percent (6.25%) of the 10,660 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. |