| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | ANET | Common Stock | Options Exercise | $153K | +20K | +616.52% | $7.67* | 23.2K | Dec 12, 2023 | Direct | F1 |
| transaction | ANET | Common Stock | Sale | -$226K | -1K | -4.3% | $226.13 | 22.2K | Dec 12, 2023 | Direct | F1, F2 |
| transaction | ANET | Common Stock | Sale | -$196K | -862 | -3.88% | $227.37 | 21.4K | Dec 12, 2023 | Direct | F1, F3 |
| transaction | ANET | Common Stock | Sale | -$907K | -3.97K | -18.54% | $228.74 | 17.4K | Dec 12, 2023 | Direct | F1, F4 |
| transaction | ANET | Common Stock | Sale | -$2.23M | -9.7K | -55.69% | $229.52 | 7.72K | Dec 12, 2023 | Direct | F1, F5 |
| transaction | ANET | Common Stock | Sale | -$1.03M | -4.47K | -57.96% | $230.39 | 3.24K | Dec 12, 2023 | Direct | F1, F6 |
| transaction | ANET | Common Stock | Sale | -$181K | -800 | -0.25% | $226.13 | 322K | Dec 12, 2023 | By Childrens' Trust | F2, F7, F8 |
| transaction | ANET | Common Stock | Sale | -$157K | -689 | -0.21% | $227.37 | 322K | Dec 12, 2023 | By Childrens' Trust | F3, F7, F8 |
| transaction | ANET | Common Stock | Sale | -$726K | -3.17K | -0.99% | $228.74 | 319K | Dec 12, 2023 | By Childrens' Trust | F4, F7, F8 |
| transaction | ANET | Common Stock | Sale | -$1.78M | -7.76K | -2.44% | $229.52 | 311K | Dec 12, 2023 | By Childrens' Trust | F5, F7, F8 |
| transaction | ANET | Common Stock | Sale | -$825K | -3.58K | -1.15% | $230.39 | 307K | Dec 12, 2023 | By Childrens' Trust | F6, F7, F8 |
| holding | ANET | Common Stock | 206K | Dec 12, 2023 | By Foundation | F9 | |||||
| holding | ANET | Common Stock | 199K | Dec 12, 2023 | By GRAT JD | F10 | |||||
| holding | ANET | Common Stock | 199K | Dec 12, 2023 | By GRAT KD | F11 | |||||
| holding | ANET | Common Stock | 218K | Dec 12, 2023 | by Trust | F12 |
| 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 | -20K | -100% | $0.00* | 0 | Dec 12, 2023 | Common Stock | 0 | $7.67 | Direct | F1, F13 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| 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 February 24, 2023. |
| F2 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $225.81 to $226.79, 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 $226.915 to $227.71, 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. |
| F4 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $228.00 to $228.995, 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 $229.00 to $229.99, 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. |
| F6 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $230.02 to $230.98, 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 sale of shares was effected pursuant to a Rule 10b5-1 trading plan entered into by the reporting person for the benefit of the reporting person's children on February 24, 2023. |
| F8 | These shares are held in a trust for the benefit of a Child of the reporting person for which the reporting person serves as co-trustee. The reporting person shares voting and investment control over the shares but disclaims beneficial ownership of the shares. |
| F9 | These shares are held by a 501(c) Foundation for which the reporting person and his spouse serve as co-trustee. |
| F10 | Reporting person's spouse is the trustee of the Jennifer Duda Annuity Trusts. |
| F11 | Reporting person is the trustee of the Kenneth Duda Annuity Trusts. |
| F12 | These shares are held by a family trust for which the reporting person is co-trustee. |
| F13 | 1/5th of the shares subject to the option vested and become exercisable on December 1, 2018 and 1/60th of the shares subject to the option shall vest monthly thereafter. |