Form 4 for ANET Arista Networks
Accepted 2024-11-22 00:00:00 ET · period of report 2024-11-20 · accession 0001596532-24-000392 · 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 | 2024-11-22 | 2024-11-20 | ANET | Ullal Jayshree | Pres, CEO, Dir | M - OptEx | $0.00 | +35.7K | 41.3K | +636% | $0 |
| D | 2024-11-22 | 2024-11-20 | ANET | Ullal Jayshree | Pres, CEO, Dir | F - Tax | $381.71 | -18.0K | 35.4K | -34% | -$6.86M |
| DM | 2024-11-22 | 2024-11-20 | ANET | Ullal Jayshree | Pres, CEO, Dir | M - OptEx | $0.00 | -35.7K | 11.1K | -76% | $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 | 11,154 | $0.00 | 28,835 | 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 | 2024-11-20 | M | A | 6,915 | $0.00 | 53,404 | 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 | 2024-11-20 | F | D | 17,964 | $381.71 | 35,440 | D | — | — | |
| 4 | Common | Common Stock | 2024-11-20 | M | A | 5,150 | $0.00 | 46,489 | 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 | 2024-11-20 | M | A | 12,504 | $0.00 | 41,339 | D | — | — | (F1) Each restricted stock unit represents a contingent right to receive one share of Arista Networks, Inc. Common Stock upon vesting. |
| 6 | Derivative | Restricted Stock Unit-8 | 2024-11-20 | M | D | 6,915 | $0.00 | 62,242 | D | $0.00 · — to — | 6,915 Common Stock | (F1) Each restricted stock unit represents a contingent right to receive one share of Arista Networks, Inc. Common Stock upon vesting. (F8) This performance stock award was granted in the first quarter of 2023 and was earned based on attainment of certain performance conditions. The award vested (25%) on February 20, 2024, and will continue to vest quarterly over 3 years. 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 | 5,150 | $0.00 | 25,744 | D | $0.00 · — to — | 5,150 Common Stock | (F1) Each restricted stock unit represents a contingent right to receive one share of Arista Networks, Inc. Common Stock upon vesting. (F7) This performance stock award was granted in the first quarter of 2022 and was earned based on attainment of certain performance conditions. The award vested 25% on February 21, 2023 and will continue to vest quarterly over 3 years. 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-6 | 2024-11-20 | M | D | 12,504 | $0.00 | 12,496 | D | $0.00 · — to — | 12,504 Common Stock | (F1) Each restricted stock unit represents a contingent right to receive one share of Arista Networks, Inc. Common Stock upon vesting. (F6) This performance stock award was granted in the first quarter of 2021 and was earned based on attainment of certain performance conditions. The award vested (25%) on February 20, 2022, and will continue to vest quarterly over 3 years. 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-5 | 2024-11-20 | M | D | 11,154 | $0.00 | 11,147 | D | $0.00 · — to — | 11,154 Common Stock | (F1) Each restricted stock unit represents a contingent right to receive one share of Arista Networks, Inc. Common Stock upon vesting. (F6) This performance stock award was granted in the first quarter of 2021 and was earned based on attainment of certain performance conditions. The award vested (25%) on February 20, 2022, and will continue to vest quarterly over 3 years. 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. |