Anshul Sadana - 01 Jul 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
01 Jul 2021
Net transactions value
-$1,241,487
Form type
4
Filing time
06 Jul 2021, 19:47:12 UTC
Previous filing
07 Jun 2021
Next filing
04 Aug 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 $8,996 +400 +17% $22.49* 2,821 01 Jul 2021 Direct F1
transaction ANET Common Stock Options Exercise $51,127 +1,667 +59% $30.67* 4,488 01 Jul 2021 Direct F1
transaction ANET Common Stock Options Exercise $56,927 +833 +19% $68.34 5,321 01 Jul 2021 Direct F1
transaction ANET Common Stock Options Exercise $21,465 +333 +6.3% $64.46 5,654 01 Jul 2021 Direct F1
transaction ANET Common Stock Options Exercise $23,452 +417 +7.4% $56.24 6,071 01 Jul 2021 Direct F1
transaction ANET Common Stock Options Exercise $40,781 +167 +2.8% $244.20 6,238 01 Jul 2021 Direct F1
transaction ANET Common Stock Options Exercise $20,532 +84 +1.3% $244.43 6,322 01 Jul 2021 Direct F1
transaction ANET Common Stock Options Exercise $65,865 +291 +4.6% $226.34 6,613 01 Jul 2021 Direct F1
transaction ANET Common Stock Options Exercise $11,097 +42 +0.64% $264.22 6,655 01 Jul 2021 Direct F1
transaction ANET Common Stock Sale $108,622 -300 -4.5% $362.07 6,355 01 Jul 2021 Direct F1, F2
transaction ANET Common Stock Sale $396,364 -1,091 -17% $363.30 5,264 01 Jul 2021 Direct F1, F3
transaction ANET Common Stock Sale $561,721 -1,543 -29% $364.04 3,721 01 Jul 2021 Direct F1, F4
transaction ANET Common Stock Sale $365,180 -1,000 -27% $365.18 2,721 01 Jul 2021 Direct F1, F5
transaction ANET Common Stock Sale $109,843 -300 -11% $366.14 2,421 01 Jul 2021 Direct F1, F6

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 -17% $0.000000 2,000 01 Jul 2021 Common Stock 400 $22.49 Direct F1, F7
transaction ANET Non-Qualified Stock Option (right to buy) Options Exercise $0 -1,667 -5.6% $0.000000 28,333 01 Jul 2021 Common Stock 1,667 $30.67 Direct F1, F8
transaction ANET Non-Qualified Stock Option (right to buy) Options Exercise $0 -417 -11% $0.000000 3,333 01 Jul 2021 Common Stock 417 $56.24 Direct F1, F9
transaction ANET Non-Qualified Stock Option (right to buy) Options Exercise $0 -333 -17% $0.000000 1,667 01 Jul 2021 Common Stock 333 $64.46 Direct F1, F10
transaction ANET Non-Qualified Stock Option (right to buy) Options Exercise $0 -833 -17% $0.000000 4,167 01 Jul 2021 Common Stock 833 $68.34 Direct F1, F11
transaction ANET Non-Qualified Stock Option (right to buy) Options Exercise $0 -291 -2.4% $0.000000 11,667 01 Jul 2021 Common Stock 291 $226.34 Direct F1, F12
transaction ANET Non-Qualified Stock Option (right to buy) Options Exercise $0 -167 -2.9% $0.000000 5,667 01 Jul 2021 Common Stock 167 $244.20 Direct F1, F13
transaction ANET Non-Qualified Stock Option (right to buy) Options Exercise $0 -84 -2.5% $0.000000 3,333 01 Jul 2021 Common Stock 84 $244.43 Direct F1, F14
transaction ANET Non-Qualified Stock Option (right to buy) Options Exercise $0 -42 -4.2% $0.000000 958 01 Jul 2021 Common Stock 42 $264.22 Direct F1, F15
* 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 $361.53 to $362.48, 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 $362.67 to $363.65, 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 $363.69 to $364.68, 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 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $364.80 to $365.73, 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.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $366.05 to $366.23, 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.
F7 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.
F8 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.
F9 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.
F10 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.
F11 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.
F12 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.
F13 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.
F14 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.
F15 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.