Anshul Sadana - 01 Sep 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 Sep 2021
Net transactions value
-$1,238,113
Form type
4
Filing time
03 Sep 2021, 20:43:57 UTC
Previous filing
27 Aug 2021
Next filing
12 Oct 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 +12% $22.49* 3,666 01 Sep 2021 Direct F1
transaction ANET Common Stock Options Exercise $51,127 +1,667 +45% $30.67* 5,333 01 Sep 2021 Direct F1
transaction ANET Common Stock Options Exercise $56,927 +833 +16% $68.34 6,166 01 Sep 2021 Direct F1
transaction ANET Common Stock Options Exercise $21,465 +333 +5.4% $64.46 6,499 01 Sep 2021 Direct F1
transaction ANET Common Stock Options Exercise $23,452 +417 +6.4% $56.24 6,916 01 Sep 2021 Direct F1
transaction ANET Common Stock Options Exercise $40,781 +167 +2.4% $244.20 7,083 01 Sep 2021 Direct F1
transaction ANET Common Stock Options Exercise $20,288 +83 +1.2% $244.43 7,166 01 Sep 2021 Direct F1
transaction ANET Common Stock Options Exercise $66,091 +292 +4.1% $226.34 7,458 01 Sep 2021 Direct F1
transaction ANET Common Stock Options Exercise $11,097 +42 +0.56% $264.22 7,500 01 Sep 2021 Direct F1
transaction ANET Common Stock Sale $220,124 -608 -8.1% $362.05 6,892 01 Sep 2021 Direct F1, F2
transaction ANET Common Stock Sale $953,334 -2,626 -38% $363.04 4,266 01 Sep 2021 Direct F1, F3
transaction ANET Common Stock Sale $254,835 -700 -16% $364.05 3,566 01 Sep 2021 Direct F1, F4
transaction ANET Common Stock Sale $73,091 -200 -5.6% $365.46 3,366 01 Sep 2021 Direct F1, F5
transaction ANET Common Stock Sale $36,954 -100 -3% $369.54 3,266 01 Sep 2021 Direct F1

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 -25% $0.000000 1,200 01 Sep 2021 Common Stock 400 $22.49 Direct F1, F6
transaction ANET Non-Qualified Stock Option (right to buy) Options Exercise $0 -1,667 -6.3% $0.000000 25,000 01 Sep 2021 Common Stock 1,667 $30.67 Direct F1, F7
transaction ANET Non-Qualified Stock Option (right to buy) Options Exercise $0 -417 -14% $0.000000 2,500 01 Sep 2021 Common Stock 417 $56.24 Direct F1, F8
transaction ANET Non-Qualified Stock Option (right to buy) Options Exercise $0 -333 -25% $0.000000 1,000 01 Sep 2021 Common Stock 333 $64.46 Direct F1, F9
transaction ANET Non-Qualified Stock Option (right to buy) Options Exercise $0 -833 -25% $0.000000 2,500 01 Sep 2021 Common Stock 833 $68.34 Direct F1, F10
transaction ANET Non-Qualified Stock Option (right to buy) Options Exercise $0 -292 -2.6% $0.000000 11,083 01 Sep 2021 Common Stock 292 $226.34 Direct F1, F11
transaction ANET Non-Qualified Stock Option (right to buy) Options Exercise $0 -167 -3% $0.000000 5,334 01 Sep 2021 Common Stock 167 $244.20 Direct F1, F12
transaction ANET Non-Qualified Stock Option (right to buy) Options Exercise $0 -83 -2.6% $0.000000 3,167 01 Sep 2021 Common Stock 83 $244.43 Direct F1, F13
transaction ANET Non-Qualified Stock Option (right to buy) Options Exercise $0 -42 -4.6% $0.000000 875 01 Sep 2021 Common Stock 42 $264.22 Direct F1, F14
* 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 $362.49, 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 $362.53 to $363.51, 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 $363.57 to $364.43, 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.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $364.98 to $365.93, 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.
F6 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.
F7 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.
F8 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.
F9 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.
F10 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.
F11 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.
F12 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.
F13 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.
F14 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.