Arista board adopts amended equity plan with 13.2M new shares + up to 10M from lapsed awards, subject to vote

Arista Networks, Inc.

Board adopted amended and restated 2014 Equity Incentive Plan on April 16, effective April 17, 2024, subject to stockholder approval at 2024 annual meeting.
New share pool: up to 13,200,000 new shares plus shares from lapsed Prior Plan awards (max 10,039,657 additional shares).
Terms substantially similar to prior plan but eliminates automatic evergreen share reserve increase; shares not issuable until approval per NYSE rule.
If stockholder approval not obtained, any awards granted under Restated Plan will be forfeited.

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