Form 4 for ANET Arista Networks
Accepted 2021-11-24 00:00:00 ET · period of report 2021-11-22 · accession 0001596532-21-000408 · 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 | 2021-11-24 | 2021-11-22 | ANET | Sadana Anshul | SVP, COO | M - OptEx | $0.00 | +20.7K | 33.8K | +159% | $0 |
| D | 2021-11-24 | 2021-11-22 | ANET | Sadana Anshul | SVP, COO | F - Tax | $128.16 | -10.3K | 23.5K | -30% | -$1.32M |
| DM | 2021-11-24 | 2021-11-22 | ANET | Sadana Anshul | SVP, COO | M - OptEx | $0.00 | -20.7K | 21.6K | -49% | $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 | M | A | 4,000 | $0.00 | 20,064 | 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 | 2021-11-22 | M | A | 3,000 | $0.00 | 16,064 | 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. |
| 3 | Common | Common Stock | 2021-11-22 | F | D | 10,270 | $128.16 | 23,502 | D | — | — | |
| 4 | Common | Common Stock | 2021-11-22 | M | A | 1,500 | $0.00 | 23,316 | 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 | 2,000 | $0.00 | 27,716 | 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 | 2,400 | $0.00 | 25,716 | D | — | — | (F1) Each restricted stock unit represents a contingent right to receive one share of Arista Networks, Inc. Common Stock upon vesting. |
| 7 | Common | Common Stock | 2021-11-22 | M | A | 1,752 | $0.00 | 21,816 | D | — | — | (F1) Each restricted stock unit represents a contingent right to receive one share of Arista Networks, Inc. Common Stock upon vesting. |
| 8 | Common | Common Stock | 2021-11-22 | M | A | 6,056 | $0.00 | 33,772 | 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-7 | 2021-11-22 | M | D | 2,000 | $0.00 | 22,000 | D | $0.00 · — to — | 2,000 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 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-8 | 2021-11-22 | M | D | 6,056 | $0.00 | 78,748 | D | $0.00 · — to — | 6,056 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 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. |
| 11 | Derivative | Restricted Stock Unit-2 | 2021-11-22 | M | D | 3,000 | $0.00 | 0 | D | $0.00 · — to — | 3,000 Common Stock | (F1) Each restricted stock unit represents a contingent right to receive one share of Arista Networks, Inc. Common Stock upon vesting. (F4) Five percent (5%) of the 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 | 2021-11-22 | M | D | 4,000 | $0.00 | 16,000 | D | $0.00 · — to — | 4,000 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 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 | 2021-11-22 | M | D | 1,752 | $0.00 | 8,748 | D | $0.00 · — to — | 1,752 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 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. |
| 14 | Derivative | Restricted Stock Unit-5 | 2021-11-22 | M | D | 1,500 | $0.00 | 16,500 | D | $0.00 · — to — | 1,500 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, or November 20 of each year. |
| 15 | Derivative | Restricted Stock Unit-6 | 2021-11-22 | M | D | 2,400 | $0.00 | 21,600 | D | $0.00 · — to — | 2,400 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 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. |