Filing Details

Accession Number:
0001596532-21-000262
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-08-04 18:16:56
Reporting Period:
2021-08-02
Accepted Time:
2021-08-04 18:16:56
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1596532 Arista Networks Inc. ANET Computer Communications Equipment (3576) 201751121
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1605807 Anshul Sadana 5453 Great America Parkway
Santa Clara CA 95054
Svp, Chief Operating Officer No Yes No 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 2021-08-02 400 $22.49 2,821 No 4 M Direct
Common Stock Acquisiton 2021-08-02 1,666 $30.67 4,487 No 4 M Direct
Common Stock Acquisiton 2021-08-02 834 $68.34 5,321 No 4 M Direct
Common Stock Acquisiton 2021-08-02 334 $64.46 5,655 No 4 M Direct
Common Stock Acquisiton 2021-08-02 416 $56.24 6,071 No 4 M Direct
Common Stock Acquisiton 2021-08-02 166 $244.20 6,237 No 4 M Direct
Common Stock Acquisiton 2021-08-02 83 $244.43 6,320 No 4 M Direct
Common Stock Acquisiton 2021-08-02 292 $226.34 6,612 No 4 M Direct
Common Stock Acquisiton 2021-08-02 41 $264.22 6,653 No 4 M Direct
Common Stock Disposition 2021-08-02 432 $376.85 6,221 No 4 S Direct
Common Stock Disposition 2021-08-02 2,300 $377.90 3,921 No 4 S Direct
Common Stock Disposition 2021-08-02 800 $378.66 3,121 No 4 S Direct
Common Stock Disposition 2021-08-02 700 $380.97 2,421 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 M 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
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 2021-08-02 400 $0.00 400 $22.49
Common Stock Non-Qualified Stock Option (right to buy) Disposition 2021-08-02 1,666 $0.00 1,666 $30.67
Common Stock Non-Qualified Stock Option (right to buy) Disposition 2021-08-02 416 $0.00 416 $56.24
Common Stock Non-Qualified Stock Option (right to buy) Disposition 2021-08-02 334 $0.00 334 $64.46
Common Stock Non-Qualified Stock Option (right to buy) Disposition 2021-08-02 834 $0.00 834 $68.34
Common Stock Non-Qualified Stock Option (right to buy) Disposition 2021-08-02 292 $0.00 292 $226.34
Common Stock Non-Qualified Stock Option (right to buy) Disposition 2021-08-02 166 $0.00 166 $244.20
Common Stock Non-Qualified Stock Option (right to buy) Disposition 2021-08-02 83 $0.00 83 $244.43
Common Stock Non-Qualified Stock Option (right to buy) Disposition 2021-08-02 41 $0.00 41 $264.22
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
1,600 2024-01-12 No 4 M Direct
26,667 2024-02-10 No 4 M Direct
2,917 2026-02-11 No 4 M Direct
1,333 2025-09-10 No 4 M Direct
3,333 2024-12-15 No 4 M Direct
11,375 2029-02-07 No 4 M Direct
5,501 2028-04-12 No 4 M Direct
3,250 2028-11-08 No 4 M Direct
917 2029-05-09 No 4 M Direct
Footnotes
  1. The exercise and/or sales reported on this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 14, 2020.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $376.41 to $377.40, 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 $377.41 to $378.385, 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 $378.47 to $379.01, 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 $380.51 to $381.43, 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. 1/5th of the 24,000 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.
  7. 1/5th of the 100,000 shares subject to the option vested and became exercisable on December 1, 2018 and 1/60th of the shares subject to the option shall vest monthly thereafter.
  8. 1/60th of the 25,000 shares subject to the option vested and became exercisable on April 1, 2017 and 1/60th of the shares subject to the option shall vest monthly thereafter.
  9. 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.
  10. 1/5th of the 50,000 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.
  11. 1/48th of the 14,000 shares subject to the option vested and became exercisable on December 1, 2020 and 1/48th of the shares subject to the option shall continue to vest each month thereafter.
  12. 1/48th of the 8,000 shares subject to the option vested and became exercisable on June 1, 2020 and 1/48th of the shares subject to the option shall continue to vest each month thereafter.
  13. 1/48th of the 4,000 shares subject to the option vested and became exercisable on December 1, 2020 and 1/48th of the shares subject to the option shall continue to vest each month thereafter.
  14. 1/48th of the 2,000 shares subject to the option vested and became exercisable on June 10, 2019 and 1/48th of the shares subject to the option shall continue to vest each month thereafter.