Filing Details

Accession Number:
0001596532-22-000084
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-03-03 21:29:01
Reporting Period:
2022-03-01
Accepted Time:
2022-03-03 21:29:01
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 2022-03-01 668 $61.05 92,515 No 4 M Direct
Common Stock Acquisiton 2022-03-01 832 $56.59 93,347 No 4 M Direct
Common Stock Disposition 2022-03-01 500 $117.91 92,847 No 4 S Direct
Common Stock Disposition 2022-03-01 500 $118.95 92,347 No 4 S Direct
Common Stock Disposition 2022-03-01 300 $120.16 92,047 No 4 S Direct
Common Stock Disposition 2022-03-01 200 $121.12 91,847 No 4 S Direct
Common Stock Disposition 2022-03-01 27,985 $117.89 47,592,015 No 4 S Indirect by Trust
Common Stock Disposition 2022-03-01 33,704 $118.80 47,558,311 No 4 S Indirect by Trust
Common Stock Disposition 2022-03-01 19,218 $119.90 47,539,093 No 4 S Indirect by Trust
Common Stock Disposition 2022-03-01 18,493 $120.81 47,520,600 No 4 S Indirect by Trust
Common Stock Disposition 2022-03-01 600 $121.54 47,520,000 No 4 S Indirect by Trust
Common Stock Disposition 2022-03-02 4,651 $118.49 47,515,349 No 4 S Indirect by Trust
Common Stock Disposition 2022-03-02 14,532 $119.60 47,500,817 No 4 S Indirect by Trust
Common Stock Disposition 2022-03-02 10,094 $120.44 47,490,723 No 4 S Indirect by Trust
Common Stock Disposition 2022-03-02 21,983 $121.60 47,468,740 No 4 S Indirect by Trust
Common Stock Disposition 2022-03-02 28,828 $122.78 47,439,912 No 4 S Indirect by Trust
Common Stock Disposition 2022-03-02 19,912 $123.30 47,420,000 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 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 2022-03-01 832 $0.00 832 $56.59
Common Stock Non-Qualified Stock Option (right to buy) Disposition 2022-03-01 668 $0.00 668 $61.05
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
26,668 2029-02-07 No 4 M Direct
17,332 2028-04-12 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 $117.59 to $118.33, 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 $118.71 to $119.325, 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 $120.00 to $120.265, 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 $121.00 to $121.24, 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 $117.33 to $118.325, 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. These shares are held by a family trust for which the reporting person is a trustee.
  8. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $118.33 to $119.32, 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 $119.33 to $120.32, 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 $120.33 to $121.31, 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.
  11. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $121.41 to $121.87, 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.
  12. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $118.09 to $119.08, 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $119.10 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.
  14. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $120.12 to $121.11, 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 $121.13 to $122.12, 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.
  16. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $122.13 to $123.125, 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 $123.13 to $123.57, 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. 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.
  19. 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.