Anshul Sadana - 26 May 2021 Form 4 Insider Report for Arista Networks, Inc. (ANET)

Role: SVP, Chief Operating Officer
Signature: By: Isabelle Bertin-Bailly, Attorney-in-Fact For: Anshul Sadana
Issuer symbol: ANET
Transactions as of: 26 May 2021
Net transactions value: -$670,734
Form type: 4
Filing time: 27 May 2021, 18:21:02 UTC
Previous filing: 24 May 2021
Next filing: 01 Jun 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ANET	Common Stock	Options Exercise	$122,100	+500	+12%	$244.20	4,766	26 May 2021	Direct	F1
transaction	ANET	Common Stock	Sale	$279,904	-831	-17%	$336.83	3,935	26 May 2021	Direct	F1, F2
transaction	ANET	Common Stock	Sale	$308,766	-914	-23%	$337.82	3,021	26 May 2021	Direct	F1, F3
transaction	ANET	Common Stock	Sale	$204,164	-600	-20%	$340.27	2,421	26 May 2021	Direct	F1, F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	ANET	Non-Qualified Stock Option (right to buy)	Options Exercise	$0	-500	-6.2%	$0.000000	7,500	26 May 2021	Common Stock	500	$244.20	Direct	F1, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	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 ..
F2	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $336.29 to $337.21, 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.
F3	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $337.31 to $338.30, 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.
F4	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $339.61 to $340.43, 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.
F5	1/48th of the 8,000 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.