Andreas Bechtolsheim - 27 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
27 Aug 2021
Net transactions value
-$36,250,759
Form type
4
Filing time
31 Aug 2021, 20:05:33 UTC
Previous filing
27 Aug 2021
Next filing
02 Sep 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ANET Common Stock Options Exercise $950,000 +25,000 +123% $38.00 45,367 27 Aug 2021 Direct F1
transaction ANET Common Stock Sale $685,980 -1,869 -4.1% $367.03 43,498 27 Aug 2021 Direct F1, F2
transaction ANET Common Stock Sale $368,243 -1,000 -2.3% $368.24 42,498 27 Aug 2021 Direct F1, F3
transaction ANET Common Stock Sale $716,137 -1,937 -4.6% $369.71 40,561 27 Aug 2021 Direct F1, F4
transaction ANET Common Stock Sale $1,661,387 -4,482 -11% $370.68 36,079 27 Aug 2021 Direct F1, F5
transaction ANET Common Stock Sale $1,304,524 -3,509 -9.7% $371.77 32,570 27 Aug 2021 Direct F1, F6
transaction ANET Common Stock Sale $1,071,567 -2,874 -8.8% $372.85 29,696 27 Aug 2021 Direct F1, F7
transaction ANET Common Stock Sale $2,272,427 -6,078 -20% $373.88 23,618 27 Aug 2021 Direct F1, F8
transaction ANET Common Stock Sale $1,217,580 -3,251 -14% $374.52 20,367 27 Aug 2021 Direct F1, F9
transaction ANET Common Stock Options Exercise $950,000 +25,000 +123% $38.00 45,367 30 Aug 2021 Direct F1
transaction ANET Common Stock Sale $625,783 -1,692 -3.7% $369.85 43,675 30 Aug 2021 Direct F1, F10
transaction ANET Common Stock Sale $1,401,261 -3,780 -8.7% $370.70 39,895 30 Aug 2021 Direct F1, F11
transaction ANET Common Stock Sale $3,130,675 -8,419 -21% $371.86 31,476 30 Aug 2021 Direct F1, F12
transaction ANET Common Stock Sale $2,375,180 -6,373 -20% $372.69 25,103 30 Aug 2021 Direct F1, F13
transaction ANET Common Stock Sale $1,769,336 -4,736 -19% $373.59 20,367 30 Aug 2021 Direct F1, F14
transaction ANET Common Stock Sale $740,654 -2,018 -0.02% $367.02 12,349,735 27 Aug 2021 by Trust F1, F15, F16
transaction ANET Common Stock Sale $295,707 -803 -0.01% $368.25 12,348,932 27 Aug 2021 by Trust F1, F16, F17
transaction ANET Common Stock Sale $982,864 -2,657 -0.02% $369.92 12,346,275 27 Aug 2021 by Trust F1, F16, F18
transaction ANET Common Stock Sale $1,575,489 -4,249 -0.03% $370.79 12,342,026 27 Aug 2021 by Trust F1, F16, F19
transaction ANET Common Stock Sale $1,272,946 -3,423 -0.03% $371.88 12,338,603 27 Aug 2021 by Trust F1, F16, F20
transaction ANET Common Stock Sale $1,094,971 -2,936 -0.02% $372.95 12,335,667 27 Aug 2021 by Trust F1, F16, F21
transaction ANET Common Stock Sale $2,206,200 -5,900 -0.05% $373.93 12,329,767 27 Aug 2021 by Trust F1, F16, F22
transaction ANET Common Stock Sale $1,128,878 -3,014 -0.02% $374.54 12,326,753 27 Aug 2021 by Trust F1, F16, F23
transaction ANET Common Stock Sale $784,026 -2,119 -0.02% $370.00 12,324,634 30 Aug 2021 by Trust F1, F16, F24
transaction ANET Common Stock Sale $1,354,613 -3,653 -0.03% $370.82 12,320,981 30 Aug 2021 by Trust F1, F16, F25
transaction ANET Common Stock Sale $3,286,934 -8,837 -0.07% $371.95 12,312,144 30 Aug 2021 by Trust F1, F16, F26
transaction ANET Common Stock Sale $2,460,377 -6,599 -0.05% $372.84 12,305,545 30 Aug 2021 by Trust F1, F16, F27
transaction ANET Common Stock Sale $1,417,020 -3,792 -0.03% $373.69 12,301,753 30 Aug 2021 by Trust F1, F16, F28

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 $950,000 -25,000 -28% $38.00 65,677 27 Aug 2021 Common Stock 25,000 $38.00 Direct F1, F29
transaction ANET Non-Qualified Stock Option (right to buy) Options Exercise $0 -25,000 -38% $0.000000 40,677 30 Aug 2021 Common Stock 25,000 $38.00 Direct F1, F29
* 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 $366.53 to $367.49, 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 $367.94 to $368.49, 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 $370.12, 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.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $370.17 to $371.16, 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 $371.18 to $372.17, 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 $372.85 to $373.17, 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 $373.88 to $374.19, 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 $374.52 to $374.88, 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.
F10 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $369.22 to $370.18, 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 $370.24 to $371.23, 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.
F12 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $371.24 to $372.23, 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.
F13 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $372.24 to $373.225, 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.
F14 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $373.24 to $374.06, 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 $366.56 to $367.42, 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 These shares are held by a family trust for which the reporting person is a trustee.
F17 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $367.88 to $368.6, 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 $369.27 to $370.26, 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 $370.27 to $371.25, 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 $371.30 to $372.23, 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.
F21 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $372.30 to $373.29, 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 $373.31 to $374.22, 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 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $374.31 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.
F24 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $369.35 to $370.33, 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.
F25 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $370.35 to $371.31, 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.
F26 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $371.37 to $372.36, 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.
F27 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $372.37 to $373.36, 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.
F28 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $373.375 to $374.195, 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.
F29 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.