Andreas Bechtolsheim - Feb 24, 2022 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
Feb 24, 2022
Transactions value $
-$13,016,059
Form type
4
Date filed
2/28/2022, 08:30 PM
Previous filing
Feb 24, 2022
Next filing
Mar 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ANET Common Stock Options Exercise $263K +11K +11.98% $23.88* 103K Feb 24, 2022 Direct F1
transaction ANET Common Stock Options Exercise $94.4K +1.67K +1.62% $56.59 105K Feb 24, 2022 Direct F1
transaction ANET Common Stock Options Exercise $81.3K +1.33K +1.27% $61.05 106K Feb 24, 2022 Direct F1
transaction ANET Common Stock Sale -$33.8K -300 -0.28% $112.78 106K Feb 24, 2022 Direct F1, F2
transaction ANET Common Stock Sale -$45.5K -400 -0.38% $113.70 105K Feb 24, 2022 Direct F1, F3
transaction ANET Common Stock Sale -$127K -1.1K -1.05% $115.10 104K Feb 24, 2022 Direct F1, F4
transaction ANET Common Stock Sale -$163K -1.4K -1.35% $116.25 103K Feb 24, 2022 Direct F1, F5
transaction ANET Common Stock Sale -$383K -3.27K -3.18% $117.45 99.4K Feb 24, 2022 Direct F1, F6
transaction ANET Common Stock Sale -$312K -2.64K -2.66% $118.22 96.7K Feb 24, 2022 Direct F1, F7
transaction ANET Common Stock Sale -$145K -1.21K -1.25% $119.27 95.5K Feb 24, 2022 Direct F1, F8
transaction ANET Common Stock Sale -$263K -2.18K -2.29% $120.61 93.3K Feb 24, 2022 Direct F1, F9
transaction ANET Common Stock Sale -$182K -1.5K -1.61% $121.08 91.8K Feb 24, 2022 Direct F1, F10
transaction ANET Common Stock Sale -$33.1K -300 0% $110.47 47.9M Feb 24, 2022 by Trust F1, F11, F12
transaction ANET Common Stock Sale -$157K -1.4K 0% $112.06 47.9M Feb 24, 2022 by Trust F1, F12, F13
transaction ANET Common Stock Sale -$158K -1.4K 0% $112.88 47.9M Feb 24, 2022 by Trust F1, F12, F14
transaction ANET Common Stock Sale -$341K -3K -0.01% $113.69 47.9M Feb 24, 2022 by Trust F1, F12, F15
transaction ANET Common Stock Sale -$732K -6.37K -0.01% $114.93 47.9M Feb 24, 2022 by Trust F1, F12, F16
transaction ANET Common Stock Sale -$955K -8.24K -0.02% $115.90 47.9M Feb 24, 2022 by Trust F1, F12, F17
transaction ANET Common Stock Sale -$1.32M -11.3K -0.02% $116.92 47.9M Feb 24, 2022 by Trust F1, F12, F18
transaction ANET Common Stock Sale -$3.3M -28K -0.06% $117.83 47.9M Feb 24, 2022 by Trust F1, F12, F19
transaction ANET Common Stock Sale -$1.37M -11.5K -0.02% $118.80 47.8M Feb 24, 2022 by Trust F1, F12, F20
transaction ANET Common Stock Sale -$782K -6.53K -0.01% $119.82 47.8M Feb 24, 2022 by Trust F1, F12, F21
transaction ANET Common Stock Sale -$2.65M -21.9K -0.05% $120.92 47.8M Feb 24, 2022 by Trust F1, F12, 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 -11K -100% $0.00* 0 Feb 24, 2022 Common Stock 11K $23.88 Direct F1, F23
transaction ANET Non-Qualified Stock Option (right to buy) Options Exercise $0 -1.67K -5.72% $0.00 27.5K Feb 24, 2022 Common Stock 1.67K $56.59 Direct F1, F24
transaction ANET Non-Qualified Stock Option (right to buy) Options Exercise $0 -1.33K -6.89% $0.00 18K Feb 24, 2022 Common Stock 1.33K $61.05 Direct F1, F25
* 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 $112.25 to $113.16, 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.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $113.39 to $113.86, 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 $114.75 to $115.73, 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.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $115.77 to $116.73, 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 $116.86 to $117.85, 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 $117.87 to $118.81, 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.
F8 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $118.88 to $119.77, 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 $119.93 to $120.92, 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 $120.93 to $121.26, 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.
F11 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $110.21 to $110.66, 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 These shares are held by a family trust for which the reporting person is a trustee.
F13 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $111.31 to $112.30, 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 $112.32 to $113.30, 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 $113.32 to $114.22, 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.
F16 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $114.32 to $115.31, 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.
F17 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $115.33 to $116.32, 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 $116.36 to $117.35, 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.
F19 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $117.36 to $118.35, 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.
F20 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $118.36 to $119.28, 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 $119.37 to $120.34, 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 $120.38 to $121.375, 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 shares subject to the option vested and became exercisable on February 6, 2018 and 1/60th of the shares subject to the option shall vest each month thereafter.
F24 1/48th of the shares subject to the option vested and become exercisable on December 1, 2020 and 1/48th of the shares subject to the option shall continue to vest each month thereafter.
F25 1/48th of the shares subject to the option vested and become exercisable on June 1, 2020 and 1/48th of the shares subject to the option shall continue to vest each month thereafter.