Form 4 for ANET Arista Networks
Accepted 2021-11-24 00:00:00 ET · period of report 2021-11-22 · accession 0001596532-21-000407 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2021-11-24 | 2021-11-22 | ANET | McCool John F | Chief Platform Off | F - Tax | $128.16 | -6,673 | 6,783 | -50% | -$855.2K |
| DM | 2021-11-24 | 2021-11-22 | ANET | McCool John F | Chief Platform Off | M - OptEx | $0.00 | +13.5K | 9,000 | New | $0 |
| DM | 2021-11-24 | 2021-11-22 | ANET | McCool John F | Chief Platform Off | M - OptEx | $0.00 | -13.5K | 18.9K | -42% | $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 | 2021-11-22 | F | D | 6,673 | $128.16 | 6,783 | D | — | — | |
| 2 | Common | Common Stock | 2021-11-22 | M | A | 1,452 | $0.00 | 13,456 | 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 | 2021-11-22 | M | A | 1,252 | $0.00 | 12,004 | 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 | 2021-11-22 | M | A | 752 | $0.00 | 10,752 | 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 | 2021-11-22 | M | A | 1,000 | $0.00 | 10,000 | 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 | 2021-11-22 | M | A | 9,000 | $0.00 | 9,000 | D | — | — | (F1) Each restricted stock unit represents a contingent right to receive one share of Arista Networks, Inc. Common Stock upon vesting. (F2) On November 18, 2021, the issuer completed a four-for-one stock split of the issuer's common stock. All amounts have been adjusted to give effect to this stock split. |
| 7 | Derivative | Restricted Stock Unit-1 | 2021-11-22 | M | D | 9,000 | $0.00 | 18,000 | D | $0.00 · — to — | 9,000 Common Stock | (F1) Each restricted stock unit represents a contingent right to receive one share of Arista Networks, Inc. Common Stock upon vesting. (F4) 1/5th of the 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. |
| 8 | Derivative | Restricted Stock Unit-2 | 2021-11-22 | 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) Six and one-quarter percent (6.25%) 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, or November 20 of each year. |
| 9 | Derivative | Restricted Stock Unit-3 | 2021-11-22 | M | D | 752 | $0.00 | 8,248 | D | $0.00 · — to — | 752 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 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-4 | 2021-11-22 | M | D | 1,252 | $0.00 | 13,748 | D | $0.00 · — to — | 1,252 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 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-5 | 2021-11-22 | M | D | 1,452 | $0.00 | 18,916 | D | $0.00 · — to — | 1,452 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 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. |