Form 4 for ANET Arista Networks
Accepted 2021-08-24 00:00:00 ET · period of report 2021-08-20 · accession 0001596532-21-000294 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DMI | 2021-08-24 | 2021-08-20 | ANET | McCool John F | Chief Platform Off | M - OptEx | $0.00 | +3,363 | 3,669 | +1,099% | $0 |
| DI | 2021-08-24 | 2021-08-20 | ANET | McCool John F | Chief Platform Off | F - Tax | $369.86 | -1,669 | 2,000 | -45% | -$617.3K |
| DM | 2021-08-24 | 2021-08-20 | ANET | McCool John F | Chief Platform Off | M - OptEx | $0.00 | -3,363 | 6,750 | -33% | $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 | 2,250 | $0.00 | 2,556 | I by Trust | — | — | (F1) Each restricted stock unit represents a contingent right to receive one share of Arista Networks, Inc. Common Stock upon vesting. (F2) Includes 41 shares acquired under the Arista Networks, Inc. 2014 Employee Stock Purchase Plan on August 16, 2021. (F3) These shares are held by a family trust for which the reporting person is co-trustee. |
| 2 | Common | Common Stock | 2021-08-20 | M | A | 250 | $0.00 | 2,806 | I by Trust | — | — | (F1) Each restricted stock unit represents a contingent right to receive one share of Arista Networks, Inc. Common Stock upon vesting. (F3) These shares are held by a family trust for which the reporting person is co-trustee. |
| 3 | Common | Common Stock | 2021-08-20 | M | A | 187 | $0.00 | 2,993 | I by Trust | — | — | (F1) Each restricted stock unit represents a contingent right to receive one share of Arista Networks, Inc. Common Stock upon vesting. (F3) These shares are held by a family trust for which the reporting person is co-trustee. |
| 4 | Common | Common Stock | 2021-08-20 | M | A | 312 | $0.00 | 3,305 | I by Trust | — | — | (F1) Each restricted stock unit represents a contingent right to receive one share of Arista Networks, Inc. Common Stock upon vesting. (F3) These shares are held by a family trust for which the reporting person is co-trustee. |
| 5 | Common | Common Stock | 2021-08-20 | M | A | 364 | $0.00 | 3,669 | I by Trust | — | — | (F1) Each restricted stock unit represents a contingent right to receive one share of Arista Networks, Inc. Common Stock upon vesting. (F3) These shares are held by a family trust for which the reporting person is co-trustee. |
| 6 | Common | Common Stock | 2021-08-20 | F | D | 1,669 | $369.86 | 2,000 | I by Trust | — | — | (F3) These shares are held by a family trust for which the reporting person is co-trustee. |
| 7 | 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. (F8) 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. |
| 8 | Derivative | Restricted Stock Unit-5 | 2021-08-20 | M | D | 364 | $0.00 | 5,092 | D | $0.00 · — to — | 364 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 5,820 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. |
| 9 | Derivative | Restricted Stock Unit-3 | 2021-08-20 | M | D | 187 | $0.00 | 2,250 | D | $0.00 · — to — | 187 Common Stock | (F1) Each restricted stock unit represents a contingent right to receive one share of Arista Networks, Inc. Common Stock upon vesting. (F7) Six and one-quarter percent (6.25%) of the 3,000 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-2 | 2021-08-20 | M | D | 250 | $0.00 | 1,500 | D | $0.00 · — to — | 250 Common Stock | (F1) Each restricted stock unit represents a contingent right to receive one share of Arista Networks, Inc. Common Stock upon vesting. (F6) Six and one-quarter percent (6.25%) of the 4,000 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. |
| 11 | Derivative | Restricted Stock Unit-1 | 2021-08-20 | M | D | 2,250 | $0.00 | 6,750 | D | $0.00 · — to — | 2,250 Common Stock | (F1) Each restricted stock unit represents a contingent right to receive one share of Arista Networks, Inc. Common Stock upon vesting. (F5) 1/5th of the 45,000 restricted stock unit award vested on May 20, 2018 and 1/20th of the award will 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 and November 20 of each year. |