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Filing Details

Accession Number:: 0001596532-21-000439
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2021-12-08 20:45:39
Reporting Period:: 2021-12-06

Accepted Time:: 2021-12-08 20:45:39
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

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2021-12-06	1,332	$5.62	89,761	No	4	M	Direct
Common Stock	Acquisiton	2021-12-06	6,668	$14.06	96,429	No	4	M	Direct
Common Stock	Acquisiton	2021-12-06	5,500	$23.88	101,929	No	4	M	Direct
Common Stock	Acquisiton	2021-12-06	668	$61.05	102,597	No	4	M	Direct
Common Stock	Acquisiton	2021-12-06	832	$56.59	103,429	No	4	M	Direct
Common Stock	Disposition	2021-12-06	3,000	$119.67	100,429	No	4	S	Direct
Common Stock	Disposition	2021-12-06	3,920	$120.50	96,509	No	4	S	Direct
Common Stock	Disposition	2021-12-06	7,734	$121.75	88,775	No	4	S	Direct
Common Stock	Disposition	2021-12-06	346	$122.23	88,429	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
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

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Non-Qualified Stock Option (right to buy)	Disposition	2021-12-06	1,332	$0.00	1,332	$5.62
Common Stock	Non-Qualified Stock Option (right to buy)	Disposition	2021-12-06	6,668	$0.00	6,668	$14.06
Common Stock	Non-Qualified Stock Option (right to buy)	Disposition	2021-12-06	5,500	$0.00	5,500	$23.88
Common Stock	Non-Qualified Stock Option (right to buy)	Disposition	2021-12-06	832	$0.00	832	$56.59
Common Stock	Non-Qualified Stock Option (right to buy)	Disposition	2021-12-06	668	$0.00	668	$61.05

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	2024-01-12	No	4	M	Direct
0	2026-02-11	No	4	M	Direct
11,000	2027-02-05	No	4	M	Direct
29,168	2029-02-07	No	4	M	Direct
19,332	2028-04-12	No	4	M	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	47,920,000	Indirect	by Trust

Footnotes

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.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $119.11 to $120.09, 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.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $120.115 to $121.06, 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.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $121.15 to $122.14, 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.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $122.15 to $122.31, 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.
These shares are held by a family trust for which the reporting person is a trustee.
1/5th of the 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.
1/60th of the 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.
1/5th of the 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.
1/48th of the shares subject to the option vested and become exercisable on December 1, 2020 and 1/48th of the shares subject to the option shall continue to vest each month thereafter.
1/48th of the shares subject to the option vested and become exercisable on June 1, 2020 and 1/48th of the shares subject to the option shall continue to vest each month thereafter.