Form 4 for ANET Arista Networks
Accepted 2021-08-24 00:00:00 ET · period of report 2021-08-20 · accession 0001596532-21-000295 · 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 | Sadana Anshul | SVP, COO | M - OptEx | $0.00 | +5,177 | 7,680 | +207% | $0 |
| D | 2021-08-24 | 2021-08-20 | ANET | Sadana Anshul | SVP, COO | F - Tax | $369.86 | -2,569 | 5,111 | -33% | -$950.2K |
| DM | 2021-08-24 | 2021-08-20 | ANET | Sadana Anshul | SVP, COO | M - OptEx | $0.00 | -5,177 | 21.2K | -20% | $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 | 500 | $0.00 | 6,165 | 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 | M | A | 600 | $0.00 | 5,665 | D | — | — | (F1) Each restricted stock unit represents a contingent right to receive one share of Arista Networks, Inc. Common Stock upon vesting. |
| 3 | Common | Common Stock | 2021-08-20 | M | A | 375 | $0.00 | 5,065 | 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 | 437 | $0.00 | 4,690 | 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 | 4,253 | 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 | 750 | $0.00 | 3,253 | D | — | — | (F1) Each restricted stock unit represents a contingent right to receive one share of Arista Networks, Inc. Common Stock upon vesting. (F2) Includes 82 shares acquired under the Arista Networks, Inc. 2014 Employee Stock Purchase Plan on August 16, 2021. |
| 7 | Common | Common Stock | 2021-08-20 | F | D | 2,569 | $369.86 | 5,111 | D | — | — | |
| 8 | Common | Common Stock | 2021-08-20 | M | A | 1,515 | $0.00 | 7,680 | D | — | — | (F1) Each restricted stock unit represents a contingent right to receive one share of Arista Networks, Inc. Common Stock upon vesting. |
| 9 | Derivative | Restricted Stock Unit-5 | 2021-08-20 | M | D | 375 | $0.00 | 4,500 | 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. (F7) Six and one-quarter percent (6.25%) of the 6,000 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, or November 20. |
| 10 | Derivative | Restricted Stock Unit-6 | 2021-08-20 | M | D | 600 | $0.00 | 6,000 | D | $0.00 · — to — | 600 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 12,000 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, and November 20 of each year. |
| 11 | Derivative | Restricted Stock Unit-2 | 2021-08-20 | M | D | 750 | $0.00 | 750 | D | $0.00 · — to — | 750 Common Stock | (F1) Each restricted stock unit represents a contingent right to receive one share of Arista Networks, Inc. Common Stock upon vesting. (F4) Five percent (5%) of the 15,000 restricted stock units awarded vested on February 20, 2017 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. |
| 12 | Derivative | Restricted Stock Unit-3 | 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. (F5) 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. |
| 13 | Derivative | Restricted Stock Unit-4 | 2021-08-20 | M | D | 437 | $0.00 | 2,625 | 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. (F6) Six and one-quarter percent (6.25%) of the 7,000 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. |
| 14 | Derivative | Restricted Stock Unit-7 | 2021-08-20 | M | D | 500 | $0.00 | 6,000 | D | $0.00 · — to — | 500 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 8,000 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. |
| 15 | Derivative | Restricted Stock Unit-8 | 2021-08-20 | M | D | 1,515 | $0.00 | 21,201 | D | $0.00 · — to — | 1,515 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 24,230 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. |