Anshul Sadana - May 27, 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
Stock symbol
ANET
Transactions as of
May 27, 2021
Transactions value $
-$1,543,587
Form type
4
Date filed
6/1/2021, 08:34 PM
Previous filing
May 27, 2021
Next filing
Jun 7, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ANET Common Stock Options Exercise $122K +500 +20.65% $244.20 2.92K May 27, 2021 Direct F1
transaction ANET Common Stock Sale -$170K -500 -17.12% $340.11 2.42K May 27, 2021 Direct F1, F2
transaction ANET Common Stock Options Exercise $244K +999 +41.26% $244.20 3.42K May 28, 2021 Direct F1
transaction ANET Common Stock Options Exercise $122K +500 +14.62% $244.43 3.92K May 28, 2021 Direct F1
transaction ANET Common Stock Options Exercise $396K +1.75K +44.64% $226.34 5.67K May 28, 2021 Direct F1
transaction ANET Common Stock Options Exercise $253K +958 +16.9% $264.22 6.63K May 28, 2021 Direct F1
transaction ANET Common Stock Options Exercise $9K +400 +6.04% $22.49* 7.03K May 28, 2021 Direct F1
transaction ANET Common Stock Options Exercise $51.1K +1.67K +23.71% $30.67* 8.69K May 28, 2021 Direct F1
transaction ANET Common Stock Options Exercise $57K +834 +9.59% $68.34 9.53K May 28, 2021 Direct F1
transaction ANET Common Stock Options Exercise $21.5K +334 +3.51% $64.46 9.86K May 28, 2021 Direct F1
transaction ANET Common Stock Options Exercise $23.4K +416 +4.22% $56.24 10.3K May 28, 2021 Direct F1
transaction ANET Common Stock Sale -$2.67M -7.86K -76.44% $340.21 2.42K May 28, 2021 Direct F1, F3

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 -400 -12.5% $0.00 2.8K May 28, 2021 Common Stock 400 $22.49 Direct F1, F4
transaction ANET Non-Qualified Stock Option (right to buy) Options Exercise $0 -1.67K -5% $0.00 31.7K May 28, 2021 Common Stock 1.67K $30.67 Direct F1, F5
transaction ANET Non-Qualified Stock Option (right to buy) Options Exercise $0 -416 -9.08% $0.00 4.17K May 28, 2021 Common Stock 416 $56.24 Direct F1, F6
transaction ANET Non-Qualified Stock Option (right to buy) Options Exercise $0 -334 -12.52% $0.00 2.33K May 28, 2021 Common Stock 334 $64.46 Direct F1, F7
transaction ANET Non-Qualified Stock Option (right to buy) Options Exercise $0 -834 -12.51% $0.00 5.83K May 28, 2021 Common Stock 834 $68.34 Direct F1, F8
transaction ANET Non-Qualified Stock Option (right to buy) Options Exercise $0 -1.75K -12.5% $0.00 12.3K May 28, 2021 Common Stock 1.75K $226.34 Direct F1, F9
transaction ANET Non-Qualified Stock Option (right to buy) Options Exercise $0 -500 -6.67% $0.00 7K May 27, 2021 Common Stock 500 $244.20 Direct F1, F10
transaction ANET Non-Qualified Stock Option (right to buy) Options Exercise $0 -999 -14.27% $0.00 6K May 28, 2021 Common Stock 999 $244.20 Direct F1, F10
transaction ANET Non-Qualified Stock Option (right to buy) Options Exercise $0 -500 -12.5% $0.00 3.5K May 28, 2021 Common Stock 500 $244.43 Direct F1, F11
transaction ANET Non-Qualified Stock Option (right to buy) Options Exercise $0 -958 -47.9% $0.00 1.04K May 28, 2021 Common Stock 958 $264.22 Direct F1, F12
* 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 $340.00 to $340.20, 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.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $340.00 to $340.80, 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 1/5th of the 24,000 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.
F5 1/5th of the 100,000 shares subject to the option vested and became exercisable on December 1, 2018 and 1/60th of the shares subject to the option shall vest monthly thereafter.
F6 1/60th of the 25,000 shares subject to the option vested and became exercisable on April 1, 2017 and 1/60th of the shares subject to the option shall vest monthly thereafter.
F7 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.
F8 1/5th of the 50,000 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.
F9 1/48th of the 14,000 shares subject to the option vested and became exercisable on December 1, 2020 and 1/48th of the shares subject to the option shall continue to vest each month thereafter.
F10 1/48th of the 8,000 shares subject to the option vested and became exercisable on June 1, 2020 and 1/48th of the shares subject to the option shall continue to vest each month thereafter.
F11 1/48th of the 4,000 shares subject to the option vested and became exercisable on December 1, 2020 and 1/48th of the shares subject to the option shall continue to vest each month thereafter.
F12 1/48th of the 2,000 shares subject to the option vested and became exercisable on June 10, 2019 and 1/48th of the shares subject to the option shall continue to vest each month thereafter.