Form 4 for ANET Arista Networks
Accepted 2024-05-22 00:00:00 ET · period of report 2024-05-20 · accession 0001596532-24-000210 · 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 | 2024-05-22 | 2024-05-20 | ANET | Taxay Marc | SVP, GC | M - OptEx | $0.00 | +7,790 | 872 | New | $0 |
| D | 2024-05-22 | 2024-05-20 | ANET | Taxay Marc | SVP, GC | F - Tax | $319.39 | -3,921 | 3,869 | -50% | -$1.25M |
| DM | 2024-05-22 | 2024-05-20 | ANET | Taxay Marc | SVP, GC | M - OptEx | $0.00 | -7,790 | 7,636 | -50% | $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 | M | A | 1,560 | $0.00 | 2,432 | 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 | 2024-05-20 | F | D | 3,921 | $319.39 | 3,869 | D | — | — | |
| 3 | Common | Common Stock | 2024-05-20 | M | A | 1,308 | $0.00 | 6,284 | 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 | 2024-05-20 | M | A | 728 | $0.00 | 7,012 | 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 | 2024-05-20 | M | A | 778 | $0.00 | 7,790 | 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 | 2024-05-20 | M | A | 2,544 | $0.00 | 4,976 | 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 | 2024-05-20 | M | A | 872 | $0.00 | 872 | D | — | — | (F1) Each restricted stock unit represents a contingent right to receive one share of Arista Networks, Inc. Common Stock upon vesting. |
| 8 | Derivative | Restricted Stock Unit-9 | 2024-05-20 | M | D | 1,308 | $0.00 | 7,828 | D | $0.00 · — to — | 1,308 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 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-10 | 2024-05-20 | M | D | 728 | $0.00 | 7,281 | D | $0.00 · — to — | 728 Common Stock | (F1) Each restricted stock unit represents a contingent right to receive one share of Arista Networks, Inc. Common Stock upon vesting. (F3) 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. |
| 10 | Derivative | Restricted Stock Unit-13 | 2024-05-20 | M | D | 778 | $0.00 | 10,894 | D | $0.00 · — to — | 778 Common Stock | (F1) Each restricted stock unit represents a contingent right to receive one share of Arista Networks, Inc. Common Stock upon vesting. (F4) 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. |
| 11 | Derivative | Restricted Stock Unit-6 | 2024-05-20 | M | D | 872 | $0.00 | 876 | D | $0.00 · — to — | 872 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 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-7 | 2024-05-20 | M | D | 1,560 | $0.00 | 1,564 | D | $0.00 · — to — | 1,560 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. |
| 13 | Derivative | Restricted Stock Unit-8 | 2024-05-20 | M | D | 2,544 | $0.00 | 7,636 | D | $0.00 · — to — | 2,544 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 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. |