Form 4 for ANET Arista Networks
Accepted 2024-11-22 00:00:00 ET · period of report 2024-11-20 · accession 0001596532-24-000389 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DMI | 2024-11-22 | 2024-11-20 | ANET | Duda Kenneth | CTO, SVP Software Eng, Dir | M - OptEx | $0.00 | +6,100 | 234.2K | +3% | $0 |
| DI | 2024-11-22 | 2024-11-20 | ANET | Duda Kenneth | CTO, SVP Software Eng, Dir | F - Tax | $381.71 | -3,069 | 231.1K | -1% | -$1.17M |
| DM | 2024-11-22 | 2024-11-20 | ANET | Duda Kenneth | CTO, SVP Software Eng, Dir | M - OptEx | $0.00 | -6,100 | 2,664 | -70% | $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 | 2024-11-20 | M | A | 1,428 | $0.00 | 232,182 | 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. |
| 2 | Common | Common Stock | 2024-11-20 | M | A | 971 | $0.00 | 233,153 | 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 | 2024-11-20 | M | A | 2,664 | $0.00 | 230,754 | 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 | 2024-11-20 | M | A | 1,037 | $0.00 | 234,190 | 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 | 2024-11-20 | F | D | 3,069 | $381.71 | 231,121 | I by Trust | — | — | (F2) These shares are held by a family trust for which the reporting person is co-trustee. |
| 6 | Derivative | Restricted Stock Unit-8 | 2024-11-20 | M | D | 971 | $0.00 | 7,765 | 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. (F11) 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. |
| 7 | Derivative | Restricted Stock Unit-7 | 2024-11-20 | M | D | 1,428 | $0.00 | 5,708 | 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. (F10) 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. |
| 8 | Derivative | Restricted Stock Unit-11 | 2024-11-20 | M | D | 1,037 | $0.00 | 12,442 | 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. |
| 9 | Derivative | Restricted Stock Unit-6 | 2024-11-20 | M | D | 2,664 | $0.00 | 2,664 | 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. (F9) 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. |