Filing Details

Accession Number:
0001596532-21-000303
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-08-25 21:22:21
Reporting Period:
2021-08-23
Accepted Time:
2021-08-25 21:22:21
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 2021-08-23 6,667 $22.49 27,034 No 4 M Direct
Common Stock Acquisiton 2021-08-23 18,333 $38.00 45,367 No 4 M Direct
Common Stock Disposition 2021-08-23 1,305 $367.81 44,062 No 4 S Direct
Common Stock Disposition 2021-08-23 7,772 $368.57 36,290 No 4 S Direct
Common Stock Disposition 2021-08-23 12,580 $369.69 23,710 No 4 S Direct
Common Stock Disposition 2021-08-23 3,343 $370.38 20,367 No 4 S Direct
Common Stock Acquisiton 2021-08-24 25,000 $38.00 45,367 No 4 M Direct
Common Stock Disposition 2021-08-24 300 $370.68 45,067 No 4 S Direct
Common Stock Disposition 2021-08-24 3,077 $372.49 41,990 No 4 S Direct
Common Stock Disposition 2021-08-24 7,558 $373.40 34,432 No 4 S Direct
Common Stock Disposition 2021-08-24 5,571 $374.35 28,861 No 4 S Direct
Common Stock Disposition 2021-08-24 3,050 $375.70 25,811 No 4 S Direct
Common Stock Disposition 2021-08-24 5,444 $376.20 20,367 No 4 S Direct
Common Stock Disposition 2021-08-23 1,301 $367.84 12,450,452 No 4 S Indirect by Trust
Common Stock Disposition 2021-08-23 7,374 $368.53 12,443,078 No 4 S Indirect by Trust
Common Stock Disposition 2021-08-23 12,830 $369.66 12,430,248 No 4 S Indirect by Trust
Common Stock Disposition 2021-08-23 3,495 $370.34 12,426,753 No 4 S Indirect by Trust
Common Stock Disposition 2021-08-24 300 $370.75 12,426,453 No 4 S Indirect by Trust
Common Stock Disposition 2021-08-24 3,089 $372.54 12,423,364 No 4 S Indirect by Trust
Common Stock Disposition 2021-08-24 7,869 $373.41 12,415,495 No 4 S Indirect by Trust
Common Stock Disposition 2021-08-24 5,259 $374.41 12,410,236 No 4 S Indirect by Trust
Common Stock Disposition 2021-08-24 4,096 $375.80 12,406,140 No 4 S Indirect by Trust
Common Stock Disposition 2021-08-24 4,387 $376.25 12,401,753 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 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
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 2021-08-23 6,667 $0.00 6,667 $22.49
Common Stock Non-Qualified Stock Option (right to buy) Disposition 2021-08-23 18,333 $0.00 18,333 $38.00
Common Stock Non-Qualified Stock Option (right to buy) Disposition 2021-08-24 25,000 $0.00 25,000 $38.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
1,333 2024-01-12 No 4 M Direct
165,677 2024-05-19 No 4 M Direct
140,677 2024-05-19 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 June 14, 2021.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $367.10 to $368.08, 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 $368.14 to $369.12, 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 $369.14 to $370.13, 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.
  5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $370.14 to $370.755, 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 $370.53 to $370.84, 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 $371.88 to $372.87, 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 $372.88 to $373.8675, 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 $373.89 to $374.83, 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 $374.98 to $375.95, 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 $375.99 to $376.45, 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 $367.10 to $368.08, 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 a trustee.
  14. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $368.10 to $369.08, 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 $369.10 to $370.09, 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.
  16. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $370.10 to $370.685, 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 $370.64 to $370.89, 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 $371.89 to $372.88, 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 $372.94 to $373.93, 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 $373.94 to $374.89, 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 $375.05 to $376.04, 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 $376.05 to $376.48, 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.