Andreas Bechtolsheim - Aug 31, 2021 Form 4 Insider Report for Arista Networks, Inc. (ANET)

Signature
By: Isabelle Bertin-Bailly, Attorney-in-Fact For: Andreas Bechtolsheim
Stock symbol
ANET
Transactions as of
Aug 31, 2021
Transactions value $
-$34,081,200
Form type
4
Date filed
9/2/2021, 07:51 PM
Previous filing
Aug 31, 2021
Next filing
Sep 7, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ANET Common Stock Options Exercise $912K +24K +117.89% $38.00 44.4K Aug 31, 2021 Direct F1
transaction ANET Common Stock Options Exercise $67.7K +990 +2.23% $68.34 45.4K Aug 31, 2021 Direct F1
transaction ANET Common Stock Sale -$2.54M -6.89K -15.19% $367.84 38.5K Aug 31, 2021 Direct F1, F2
transaction ANET Common Stock Sale -$3.99M -10.8K -28.1% $368.63 27.7K Aug 31, 2021 Direct F1, F3
transaction ANET Common Stock Sale -$2.62M -7.09K -25.64% $369.53 20.6K Aug 31, 2021 Direct F1, F4
transaction ANET Common Stock Sale -$74.8K -202 -0.98% $370.38 20.4K Aug 31, 2021 Direct F1, F5
transaction ANET Common Stock Options Exercise $411K +6.01K +29.51% $68.34 26.4K Sep 1, 2021 Direct F1
transaction ANET Common Stock Options Exercise $1.07M +19K +71.99% $56.24 45.4K Sep 1, 2021 Direct F1
transaction ANET Common Stock Sale -$615K -1.71K -3.78% $358.55 43.7K Sep 1, 2021 Direct F1, F6
transaction ANET Common Stock Sale -$1.61M -4.48K -10.27% $359.97 39.2K Sep 1, 2021 Direct F1, F7
transaction ANET Common Stock Sale -$902K -2.5K -6.38% $360.86 36.7K Sep 1, 2021 Direct F1, F8
transaction ANET Common Stock Sale -$948K -2.62K -7.14% $362.00 34.1K Sep 1, 2021 Direct F1, F9
transaction ANET Common Stock Sale -$3.18M -8.76K -25.73% $362.94 25.3K Sep 1, 2021 Direct F1, F10
transaction ANET Common Stock Sale -$810K -2.23K -8.8% $363.86 23.1K Sep 1, 2021 Direct F1, F11
transaction ANET Common Stock Sale -$766K -2.1K -9.1% $364.88 21K Sep 1, 2021 Direct F1, F12
transaction ANET Common Stock Sale -$110K -300 -1.43% $366.70 20.7K Sep 1, 2021 Direct F1, F13
transaction ANET Common Stock Sale -$110K -300 -1.45% $367.46 20.4K Sep 1, 2021 Direct F1, F14
transaction ANET Common Stock Sale -$2.35M -6.38K -0.05% $367.80 12.3M Aug 31, 2021 by Trust F1, F15, F16
transaction ANET Common Stock Sale -$4.15M -11.3K -0.09% $368.57 12.3M Aug 31, 2021 by Trust F1, F16, F17
transaction ANET Common Stock Sale -$2.72M -7.37K -0.06% $369.53 12.3M Aug 31, 2021 by Trust F1, F16, F18
transaction ANET Common Stock Sale -$609K -1.7K -0.01% $358.53 12.3M Sep 1, 2021 by Trust F1, F16, F19
transaction ANET Common Stock Sale -$1.63M -4.54K -0.04% $359.98 12.3M Sep 1, 2021 by Trust F1, F16, F20
transaction ANET Common Stock Sale -$875K -2.42K -0.02% $360.84 12.3M Sep 1, 2021 by Trust F1, F16, F21
transaction ANET Common Stock Sale -$947K -2.62K -0.02% $361.98 12.3M Sep 1, 2021 by Trust F1, F16, F22
transaction ANET Common Stock Sale -$3.25M -8.95K -0.07% $362.92 12.3M Sep 1, 2021 by Trust F1, F16, F23
transaction ANET Common Stock Sale -$829K -2.28K -0.02% $363.87 12.3M Sep 1, 2021 by Trust F1, F16, F24
transaction ANET Common Stock Sale -$704K -1.93K -0.02% $364.83 12.3M Sep 1, 2021 by Trust F1, F16, F25
transaction ANET Common Stock Sale -$61.2K -167 0% $366.17 12.3M Sep 1, 2021 by Trust F1, F16, F26
transaction ANET Common Stock Sale -$147K -400 0% $367.26 12.3M Sep 1, 2021 by Trust F1, F16, F27

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 -24K -59.03% $0.00 16.7K Aug 31, 2021 Common Stock 24K $38.00 Direct F1, F28
transaction ANET Non-Qualified Stock Option (right to buy) Options Exercise $0 -19K -42.51% $0.00 25.7K Sep 1, 2021 Common Stock 19K $56.24 Direct F1, F29
transaction ANET Non-Qualified Stock Option (right to buy) Options Exercise $0 -990 -14.14% $0.00 6.01K Aug 31, 2021 Common Stock 990 $68.34 Direct F1, F30
transaction ANET Non-Qualified Stock Option (right to buy) Options Exercise $0 -6.01K -100% $0.00* 0 Sep 1, 2021 Common Stock 6.01K $68.34 Direct F1, F30
* 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 $367.13 to $368.125, 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 $368.13 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 $369.13 to $370.11, 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 $370.205 to $370.67, 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 $358.31 to $358.90, 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 $359.46 to $360.43, 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.
F8 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $360.46 to $361.445, 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 $361.46 to $362.45, 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.
F10 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $362.46 to $363.40, 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 $363.47 to $364.33, 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.
F12 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $364.50 to $365.42, 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.
F13 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $366.16 to $367.15, 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 $367.25 to $368.145, 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 $367.13 to $368.12, 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.
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 $368.13 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.
F18 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $369.13 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.
F19 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $358.30 to $358.81, 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 $359.45 to $360.44, 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 $360.45 to $361.35, 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 $361.45 to $362.44, 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 $362.45 to $363.43, 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.
F24 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $363.46 to $364.35, 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 $364.47 to $365.35, 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 $366.02 to $366.54, 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 $367.19 to $367.35, 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 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.
F29 1/60th of the 100,000 shares subject to the option vested on January 1, 2017 and 1/60th of the shares subject to the option shall continue to vest each month thereafter.
F30 1/5th of the 70,000 shares subject to the option vested on December 1, 2015 and 1/60th of the shares subject to the option shall continue to vest each month thereafter.