Filing Details

Accession Number:
0001596532-20-000303
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-12-14 21:55:53
Reporting Period:
2020-12-10
Accepted Time:
2020-12-14 21:55:53
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1596532 Arista Networks Inc. ANET () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1133206 Andreas Bechtolsheim 5453 Great America Parkway
Santa Clara CA 95054
Chief Development Officer Yes Yes Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2020-12-10 1,333 $22.49 16,097 No 4 M Direct
Common Stock Acquisiton 2020-12-10 51,219 $38.00 67,316 No 4 M Direct
Common Stock Disposition 2020-12-10 2,452 $274.69 64,864 No 4 S Direct
Common Stock Disposition 2020-12-10 18,235 $275.60 46,629 No 4 S Direct
Common Stock Disposition 2020-12-10 21,655 $276.47 24,974 No 4 S Direct
Common Stock Disposition 2020-12-10 10,110 $277.42 14,864 No 4 S Direct
Common Stock Disposition 2020-12-10 100 $278.16 14,764 No 4 S Direct
Common Stock Acquisiton 2020-12-11 3,667 $22.49 18,431 No 4 M Direct
Common Stock Acquisiton 2020-12-11 32,754 $38.00 51,185 No 4 M Direct
Common Stock Acquisiton 2020-12-11 10,728 $68.34 61,913 No 4 M Direct
Common Stock Acquisiton 2020-12-11 10,000 $56.24 71,913 No 4 M Direct
Common Stock Acquisiton 2020-12-11 13,750 $95.51 85,663 No 4 M Direct
Common Stock Disposition 2020-12-11 3,353 $275.65 82,310 No 4 S Direct
Common Stock Disposition 2020-12-11 18,614 $276.87 63,696 No 4 S Direct
Common Stock Disposition 2020-12-11 26,986 $277.58 36,710 No 4 S Direct
Common Stock Disposition 2020-12-11 8,315 $278.52 28,395 No 4 S Direct
Common Stock Disposition 2020-12-11 8,066 $279.78 20,329 No 4 S Direct
Common Stock Disposition 2020-12-11 5,565 $280.39 14,764 No 4 S Direct
Common Stock Disposition 2020-12-10 3,299 $274.80 12,571,931 No 4 S Indirect by Trust
Common Stock Disposition 2020-12-10 20,937 $275.71 12,550,994 No 4 S Indirect by Trust
Common Stock Disposition 2020-12-10 19,673 $276.63 12,531,321 No 4 S Indirect by Trust
Common Stock Disposition 2020-12-10 8,606 $277.51 12,522,715 No 4 S Indirect by Trust
Common Stock Disposition 2020-12-10 100 $278.16 12,522,615 No 4 S Indirect by Trust
Common Stock Disposition 2020-12-11 3,500 $275.69 12,519,115 No 4 S Indirect by Trust
Common Stock Disposition 2020-12-11 20,893 $276.91 12,498,222 No 4 S Indirect by Trust
Common Stock Disposition 2020-12-11 26,028 $277.67 12,472,194 No 4 S Indirect by Trust
Common Stock Disposition 2020-12-11 6,955 $278.61 12,465,239 No 4 S Indirect by Trust
Common Stock Disposition 2020-12-11 9,586 $279.89 12,455,653 No 4 S Indirect by Trust
Common Stock Disposition 2020-12-11 3,900 $280.46 12,451,753 No 4 S Indirect by Trust
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Indirect by Trust
No 4 S Indirect by Trust
No 4 S Indirect by Trust
No 4 S Indirect by Trust
No 4 S Indirect by Trust
No 4 S Indirect by Trust
No 4 S Indirect by Trust
No 4 S Indirect by Trust
No 4 S Indirect by Trust
No 4 S Indirect by Trust
No 4 S Indirect by Trust
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Non-Qualified Stock Option (right to buy) Disposition 2020-12-10 1,333 $0.00 1,333 $22.49
Common Stock Non-Qualified Stock Option (right to buy) Disposition 2020-12-11 3,667 $0.00 3,667 $22.49
Common Stock Non-Qualified Stock Option (right to buy) Disposition 2020-12-10 51,219 $0.00 51,219 $38.00
Common Stock Non-Qualified Stock Option (right to buy) Disposition 2020-12-11 32,754 $0.00 32,754 $38.00
Common Stock Non-Qualified Stock Option (right to buy) Disposition 2020-12-11 10,000 $0.00 10,000 $56.24
Common Stock Non-Qualified Stock Option (right to buy) Disposition 2020-12-11 10,728 $0.00 10,728 $68.34
Common Stock Non-Qualified Stock Option (right to buy) Disposition 2020-12-11 13,750 $0.00 13,750 $95.51
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
11,667 2024-01-12 No 4 M Direct
8,000 2024-01-12 No 4 M Direct
216,764 2024-05-19 No 4 M Direct
184,010 2024-05-19 No 4 M Direct
44,667 2026-02-11 No 4 M Direct
7,000 2024-12-15 No 4 M Direct
44,000 2027-02-05 No 4 M Direct
Footnotes
  1. The exercise and/or sale of shares was effected pursuant to a Rule 10b5-1 trading plan entered into by the reporting person on March 14, 2019.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $274.02 to $275.01, inclusive. The reporting person undertakes to provide Arista Networks, Inc., any security holder of Arista Networks, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $275.02 to $276.01, inclusive. The reporting person undertakes to provide Arista Networks, Inc., any security holder of Arista Networks, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $276.02 to $277.01, inclusive. The reporting person undertakes to provide Arista Networks, Inc., any security holder of Arista Networks, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $277.02 to $277.99, inclusive. The reporting person undertakes to provide Arista Networks, Inc., any security holder of Arista Networks, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $275.15 to $276.13, inclusive. The reporting person undertakes to provide Arista Networks, Inc., any security holder of Arista Networks, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $276.155 to $277.15, inclusive. The reporting person undertakes to provide Arista Networks, Inc., any security holder of Arista Networks, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  8. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $277.16 to $278.15, inclusive. The reporting person undertakes to provide Arista Networks, Inc., any security holder of Arista Networks, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  9. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $278.16 to $279.13, inclusive. The reporting person undertakes to provide Arista Networks, Inc., any security holder of Arista Networks, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  10. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $279.195 to $280.19, inclusive. The reporting person undertakes to provide Arista Networks, Inc., any security holder of Arista Networks, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  11. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $280.20 to $280.77, inclusive. The reporting person undertakes to provide Arista Networks, Inc., any security holder of Arista Networks, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  12. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $274.14 to $275.13, inclusive. The reporting person undertakes to provide Arista Networks, Inc., any security holder of Arista Networks, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  13. These shares are held by a family trust for which the reporting person is co-trustee.
  14. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $275.14 to $276.13, inclusive. The reporting person undertakes to provide Arista Networks, Inc., any security holder of Arista Networks, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  15. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $276.14 to $277.13, inclusive. The reporting person undertakes to provide Arista Networks, Inc., any security holder of Arista Networks, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  16. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $277.14 to $278.09, inclusive. The reporting person undertakes to provide Arista Networks, Inc., any security holder of Arista Networks, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  17. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $275.17 to $276.13, inclusive. The reporting person undertakes to provide Arista Networks, Inc., any security holder of Arista Networks, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  18. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $276.26 to $277.25, inclusive. The reporting person undertakes to provide Arista Networks, Inc., any security holder of Arista Networks, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  19. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $277.26 to $278.25, inclusive. The reporting person undertakes to provide Arista Networks, Inc., any security holder of Arista Networks, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  20. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $278.265 to $279.26, inclusive. The reporting person undertakes to provide Arista Networks, Inc., any security holder of Arista Networks, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  21. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $279.29 to $280.28, inclusive. The reporting person undertakes to provide Arista Networks, Inc., any security holder of Arista Networks, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  22. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $280.295 to $280.765, inclusive. The reporting person undertakes to provide Arista Networks, Inc., any security holder of Arista Networks, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
  23. 1/5th of the 20,000 shares subject to the option vested and became exercisable on December 1, 2017 and 1/60th of the shares subject to the option shall vest monthly thereafter.
  24. 1/5th of the 500,000 shares subject to the option vested on September 30, 2017 and 1/60th of the shares subject to the option shall vest monthly thereafter.
  25. 1/60th of the 100,000 shares subject to the option vested on January 1, 2017 and 1/60th of the shares subject to the option shall continue to vest each month thereafter.
  26. 1/5th of the 70,000 shares subject to the option vested on December 1, 2015 and 1/60th of the shares subject to the option shall continue to vest each month thereafter.
  27. 1/5th of the 82,500 shares subject to the option vested and became exercisable on February 6, 2018 and 1/60th of the shares subject to the option shall vest each month thereafter.