Andreas Bechtolsheim - 23 Aug 2021 Form 4 Insider Report for Arista Networks, Inc. (ANET)

Signature
By: Isabelle Bertin-Bailly, Attorney-in-Fact For: Andreas Bechtolsheim
Issuer symbol
ANET
Transactions as of
23 Aug 2021
Net transactions value
-$35,388,131
Form type
4
Filing time
25 Aug 2021, 21:22:21 UTC
Previous filing
24 Aug 2021
Next filing
27 Aug 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ANET Common Stock Options Exercise $149,941 +6,667 +33% $22.49* 27,034 23 Aug 2021 Direct F1
transaction ANET Common Stock Options Exercise $696,654 +18,333 +68% $38.00 45,367 23 Aug 2021 Direct F1
transaction ANET Common Stock Sale $479,996 -1,305 -2.9% $367.81 44,062 23 Aug 2021 Direct F1, F2
transaction ANET Common Stock Sale $2,864,537 -7,772 -18% $368.57 36,290 23 Aug 2021 Direct F1, F3
transaction ANET Common Stock Sale $4,650,679 -12,580 -35% $369.69 23,710 23 Aug 2021 Direct F1, F4
transaction ANET Common Stock Sale $1,238,186 -3,343 -14% $370.38 20,367 23 Aug 2021 Direct F1, F5
transaction ANET Common Stock Options Exercise $950,000 +25,000 +123% $38.00 45,367 24 Aug 2021 Direct F1
transaction ANET Common Stock Sale $111,204 -300 -0.66% $370.68 45,067 24 Aug 2021 Direct F1, F6
transaction ANET Common Stock Sale $1,146,145 -3,077 -6.8% $372.49 41,990 24 Aug 2021 Direct F1, F7
transaction ANET Common Stock Sale $2,822,124 -7,558 -18% $373.40 34,432 24 Aug 2021 Direct F1, F8
transaction ANET Common Stock Sale $2,085,514 -5,571 -16% $374.35 28,861 24 Aug 2021 Direct F1, F9
transaction ANET Common Stock Sale $1,145,870 -3,050 -11% $375.70 25,811 24 Aug 2021 Direct F1, F10
transaction ANET Common Stock Sale $2,048,009 -5,444 -21% $376.20 20,367 24 Aug 2021 Direct F1, F11
transaction ANET Common Stock Sale $478,564 -1,301 -0.01% $367.84 12,450,452 23 Aug 2021 by Trust F1, F12, F13
transaction ANET Common Stock Sale $2,717,576 -7,374 -0.06% $368.53 12,443,078 23 Aug 2021 by Trust F1, F13, F14
transaction ANET Common Stock Sale $4,742,699 -12,830 -0.1% $369.66 12,430,248 23 Aug 2021 by Trust F1, F13, F15
transaction ANET Common Stock Sale $1,294,338 -3,495 -0.03% $370.34 12,426,753 23 Aug 2021 by Trust F1, F13, F16
transaction ANET Common Stock Sale $111,226 -300 -0% $370.75 12,426,453 24 Aug 2021 by Trust F1, F13, F17
transaction ANET Common Stock Sale $1,150,789 -3,089 -0.02% $372.54 12,423,364 24 Aug 2021 by Trust F1, F13, F18
transaction ANET Common Stock Sale $2,938,377 -7,869 -0.06% $373.41 12,415,495 24 Aug 2021 by Trust F1, F13, F19
transaction ANET Common Stock Sale $1,969,036 -5,259 -0.04% $374.41 12,410,236 24 Aug 2021 by Trust F1, F13, F20
transaction ANET Common Stock Sale $1,539,267 -4,096 -0.03% $375.80 12,406,140 24 Aug 2021 by Trust F1, F13, F21
transaction ANET Common Stock Sale $1,650,588 -4,387 -0.04% $376.25 12,401,753 24 Aug 2021 by Trust F1, F13, F22

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 -6,667 -83% $0.000000 1,333 23 Aug 2021 Common Stock 6,667 $22.49 Direct F1, F23
transaction ANET Non-Qualified Stock Option (right to buy) Options Exercise $0 -18,333 -10% $0.000000 165,677 23 Aug 2021 Common Stock 18,333 $38.00 Direct F1, F24
transaction ANET Non-Qualified Stock Option (right to buy) Options Exercise $0 -25,000 -15% $0.000000 140,677 24 Aug 2021 Common Stock 25,000 $38.00 Direct F1, F24
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $367.10 to $368.08, 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.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $368.14 to $369.12, 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.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $369.14 to $370.13, 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 $370.14 to $370.755, 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 $370.53 to $370.84, 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 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $371.88 to $372.87, 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.
F8 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $372.88 to $373.8675, 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.
F9 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $373.89 to $374.83, 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.
F10 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $374.98 to $375.95, 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.
F11 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $375.99 to $376.45, 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.
F12 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $367.10 to $368.08, 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.
F13 These shares are held by a family trust for which the reporting person is a trustee.
F14 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $368.10 to $369.08, 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.
F15 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $369.10 to $370.09, 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.
F16 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $370.10 to $370.685, 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.
F17 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $370.64 to $370.89, 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.
F18 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $371.89 to $372.88, 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.
F19 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $372.94 to $373.93, 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.
F20 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $373.94 to $374.89, 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.
F21 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $375.05 to $376.04, 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.
F22 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $376.05 to $376.48, 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.
F23 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.
F24 1/5th of the 500,000 shares subject to the option vested on September 30, 2017 and 1/60th of the shares subject to the option shall vest monthly thereafter.