SEC Form 4 · accession 0001596532-15-000054
Arista Networks, Inc. · ANET
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ita M Brennan
Officer — Senior Vice President, CFO
Period of report
Jun 16, 2015
Accepted (ET)
Jun 18, 2015 · 2:06 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001596532
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F1 | $84.97 | Jun 16, 2015 | A | 25,000 | A | May 18, 2016 | Jun 15, 2025 | Common Stock | 25,000 | 25,000 | D |
| Restricted Stock Unit AwardF2 | $0.00 | Jun 16, 2015 | A | 75,000 | A | May 20, 2016 | May 19, 2020 | Common Stock | 75,000 | 75,000 | D |
Explanation of responses
- F11/5th of the shares subject to the option shall vest and become exercisable on the Date Exercisable as set forth above and 1/60th of the shares subject to the option shall vest monthly thereafter.
- F2Twenty percent (20%) of the restricted stock unit award will vest on May 20, 2016 and five percent (5%) of the award will vest every quarter 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.