Form 4 for ANET Arista Networks
Accepted 2024-05-22 00:00:00 ET · period of report 2024-05-20 · accession 0001596532-24-000207 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DI | 2024-05-22 | 2024-05-20 | ANET | Duda Kenneth | CTO, SVP Software Eng, Dir | F - Tax | $319.39 | -4,580 | 256.9K | -2% | -$1.46M |
| DMI | 2024-05-22 | 2024-05-20 | ANET | Duda Kenneth | CTO, SVP Software Eng, Dir | M - OptEx | $0.00 | +9,104 | 260.4K | +4% | $0 |
| DM | 2024-05-22 | 2024-05-20 | ANET | Duda Kenneth | CTO, SVP Software Eng, Dir | M - OptEx | $0.00 | -9,104 | 9,706 | -48% | $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 | 2024-05-20 | F | D | 4,580 | $319.39 | 256,906 | I by Trust | — | — | (F2) These shares are held by a family trust for which the reporting person is co-trustee. |
| 2 | Common | Common Stock | 2024-05-20 | M | A | 1,037 | $0.00 | 261,486 | 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) These shares are held by a family trust for which the reporting person is co-trustee. |
| 3 | Common | Common Stock | 2024-05-20 | M | A | 1,752 | $0.00 | 255,386 | 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) These shares are held by a family trust for which the reporting person is co-trustee. |
| 4 | Common | Common Stock | 2024-05-20 | M | A | 1,252 | $0.00 | 253,634 | 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) These shares are held by a family trust for which the reporting person is co-trustee. |
| 5 | Common | Common Stock | 2024-05-20 | M | A | 2,664 | $0.00 | 258,050 | 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) These shares are held by a family trust for which the reporting person is co-trustee. |
| 6 | Common | Common Stock | 2024-05-20 | M | A | 1,428 | $0.00 | 259,478 | 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) These shares are held by a family trust for which the reporting person is co-trustee. |
| 7 | Common | Common Stock | 2024-05-20 | M | A | 971 | $0.00 | 260,449 | 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) These shares are held by a family trust for which the reporting person is co-trustee. |
| 8 | Derivative | Restricted Stock Unit-7 | 2024-05-20 | M | D | 1,428 | $0.00 | 8,564 | D | $0.00 · — to — | 1,428 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 restricted stock units awarded will vest on February 20, 2022 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-6 | 2024-05-20 | M | D | 2,664 | $0.00 | 7,996 | D | $0.00 · — to — | 2,664 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 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. |
| 10 | Derivative | Restricted Stock Unit-5 | 2024-05-20 | M | D | 1,752 | $0.00 | 1,748 | 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. (F10) 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-4 | 2024-05-20 | M | D | 1,252 | $0.00 | 1,248 | 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. (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. |
| 12 | Derivative | Restricted Stock Unit-11 | 2024-05-20 | M | D | 1,037 | $0.00 | 14,516 | D | $0.00 · — to — | 1,037 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 will vest on on February 20, 2024 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. |
| 13 | Derivative | Restricted Stock Unit-8 | 2024-05-20 | M | D | 971 | $0.00 | 9,706 | D | $0.00 · — to — | 971 Common Stock | (F1) Each restricted stock unit represents a contingent right to receive one share of Arista Networks, Inc. Common Stock upon vesting. (F13) Six and one-quarter percent (6.25%) of the restricted stock units awarded will vest on February 20, 2023 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. |