Filing Details

Accession Number:
0001596532-21-000324
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-09-07 21:07:23
Reporting Period:
2021-09-02
Accepted Time:
2021-09-07 21:07:23
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 2021-09-02 19,010 $56.24 39,377 No 4 M Direct
Common Stock Acquisiton 2021-09-02 5,990 $95.51 45,367 No 4 M Direct
Common Stock Disposition 2021-09-02 500 $359.01 44,867 No 4 S Direct
Common Stock Disposition 2021-09-02 300 $359.82 44,567 No 4 S Direct
Common Stock Disposition 2021-09-02 1,297 $361.79 43,270 No 4 S Direct
Common Stock Disposition 2021-09-02 6,876 $362.79 36,394 No 4 S Direct
Common Stock Disposition 2021-09-02 12,826 $363.54 23,568 No 4 S Direct
Common Stock Disposition 2021-09-02 2,001 $364.77 21,567 No 4 S Direct
Common Stock Disposition 2021-09-02 1,200 $365.45 20,367 No 4 S Direct
Common Stock Acquisiton 2021-09-03 25,000 $95.51 45,367 No 4 M Direct
Common Stock Disposition 2021-09-03 3,629 $361.62 41,738 No 4 S Direct
Common Stock Disposition 2021-09-03 7,269 $362.64 34,469 No 4 S Direct
Common Stock Disposition 2021-09-03 11,891 $363.43 22,578 No 4 S Direct
Common Stock Disposition 2021-09-03 2,211 $364.19 20,367 No 4 S Direct
Common Stock Disposition 2021-09-02 573 $359.09 12,251,180 No 4 S Indirect by Trust
Common Stock Disposition 2021-09-02 140 $360.21 12,251,040 No 4 S Indirect by Trust
Common Stock Disposition 2021-09-02 3,249 $362.13 12,247,791 No 4 S Indirect by Trust
Common Stock Disposition 2021-09-02 11,618 $363.20 12,236,173 No 4 S Indirect by Trust
Common Stock Disposition 2021-09-02 7,002 $363.84 12,229,171 No 4 S Indirect by Trust
Common Stock Disposition 2021-09-02 2,313 $365.17 12,226,858 No 4 S Indirect by Trust
Common Stock Disposition 2021-09-02 105 $365.66 12,226,753 No 4 S Indirect by Trust
Common Stock Disposition 2021-09-03 3,246 $361.58 12,223,507 No 4 S Indirect by Trust
Common Stock Disposition 2021-09-03 7,638 $362.61 12,215,869 No 4 S Indirect by Trust
Common Stock Disposition 2021-09-03 12,219 $363.44 12,203,650 No 4 S Indirect by Trust
Common Stock Disposition 2021-09-03 1,897 $364.23 12,201,753 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 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 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 2021-09-02 19,010 $0.00 19,010 $56.24
Common Stock Non-Qualified Stock Option (right to buy) Disposition 2021-09-02 5,990 $0.00 5,990 $95.51
Common Stock Non-Qualified Stock Option (right to buy) Disposition 2021-09-03 25,000 $0.00 25,000 $95.51
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
6,667 2026-02-11 No 4 M Direct
38,010 2027-02-05 No 4 M Direct
13,010 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 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 $358.47 to $359.23, 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 $359.51 to $360.415, 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 $361.13 to $362.10, 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 $362.175 to $363.17, 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 $363.18 to $364.12, 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.
  7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $364.22 to $365.20, 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 $365.26 to $365.865, 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 $360.98 to $361.96, 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 $361.98 to $362.97, 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 $362.98 to $363.96, 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 $363.98 to $364.45, 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.
  13. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $358.60 to $359.53, 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.
  14. These shares are held by a family trust for which the reporting person is a trustee.
  15. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $359.65 to $360.415, 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 $361.53 to $362.51, 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 $362.53 to $363.52, 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 $363.53 to $364.51, 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 $364.55 to $365.51, 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 $365.66 to $365.685, 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.
  21. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $360.97 to $361.96, 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 $361.99 to $362.98, 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $363.01 to $364.00, 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.
  24. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $364.04 to $364.46, 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.
  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 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.