ANDREAS BECHTOLSHEIM - 01 Jun 2022 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
01 Jun 2022
Net transactions value
-$20,730,128
Form type
4
Filing time
03 Jun 2022, 19:30:13 UTC
Previous filing
01 Jun 2022
Next filing
07 Jun 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ANET Common Stock Options Exercise $40,781 +668 +0.71% $61.05 95,204 01 Jun 2022 Direct F1
transaction ANET Common Stock Options Exercise $47,079 +832 +0.87% $56.58 96,036 01 Jun 2022 Direct F1
transaction ANET Common Stock Sale $50,627 -500 -0.52% $101.25 95,536 01 Jun 2022 Direct F1, F2
transaction ANET Common Stock Sale $81,650 -800 -0.84% $102.06 94,736 01 Jun 2022 Direct F1, F3
transaction ANET Common Stock Sale $20,644 -200 -0.21% $103.22 94,536 01 Jun 2022 Direct F1, F4
transaction ANET Common Stock Sale $1,936,258 -19,171 -0.04% $101.00 46,300,829 01 Jun 2022 by Trust F1, F5, F6
transaction ANET Common Stock Sale $5,984,519 -58,656 -0.13% $102.03 46,242,173 01 Jun 2022 by Trust F1, F6, F7
transaction ANET Common Stock Sale $1,442,687 -14,034 -0.03% $102.80 46,228,139 01 Jun 2022 by Trust F1, F6, F8
transaction ANET Common Stock Sale $710,000 -6,839 -0.01% $103.82 46,221,300 01 Jun 2022 by Trust F1, F6, F9
transaction ANET Common Stock Sale $135,873 -1,300 -0% $104.52 46,220,000 01 Jun 2022 by Trust F1, F6, F10
transaction ANET Common Stock Sale $538,032 -5,300 -0.01% $101.52 46,214,700 02 Jun 2022 by Trust F1, F6, F11
transaction ANET Common Stock Sale $1,227,081 -11,947 -0.03% $102.71 46,202,753 02 Jun 2022 by Trust F1, F6, F12
transaction ANET Common Stock Sale $1,863,076 -17,997 -0.04% $103.52 46,184,756 02 Jun 2022 by Trust F1, F6, F13
transaction ANET Common Stock Sale $897,937 -8,602 -0.02% $104.39 46,176,154 02 Jun 2022 by Trust F1, F6, F14
transaction ANET Common Stock Sale $5,701,204 -54,001 -0.12% $105.58 46,122,153 02 Jun 2022 by Trust F1, F6, F15
transaction ANET Common Stock Sale $228,401 -2,153 -0% $106.08 46,120,000 02 Jun 2022 by Trust F1, F6, F16

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 -832 -3.3% $0.000000 24,168 01 Jun 2022 Common Stock 832 $56.58 Direct F1, F17
transaction ANET Non-Qualified Stock Option (right to buy) Options Exercise $0 -668 -4.2% $0.000000 15,332 01 Jun 2022 Common Stock 668 $61.05 Direct F1, F18
* 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 $100.73 to $101.71, 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 $101.87 to $102.30, 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.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $103.17 to $103.27, 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 $100.43 to $101.42, 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.
F6 These shares are held by a family trust for which the reporting person is a trustee.
F7 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $101.43 to $102.42, 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.
F8 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $102.43 to $103.425, 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 $103.43 to $104.34, 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.
F10 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $104.43 to $104.695, 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 $101.00 to $101.99, 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 $102.06 to $103.055, 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 $103.06 to $104.05, 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 $104.06 to $105.05, 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 $105.06 to $106.05, 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 $106.06 to $106.165, 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 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.
F18 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.