| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | ANET | Common Stock | Sale | -$103K | -298 | -0.16% | $346.05 | 188K | Aug 26, 2024 | By Foundation | F1, F2, F3 |
| transaction | ANET | Common Stock | Sale | -$193K | -556 | -0.3% | $347.10 | 187K | Aug 26, 2024 | By Foundation | F1, F3, F4 |
| transaction | ANET | Common Stock | Sale | -$37.2K | -107 | -0.06% | $348.13 | 187K | Aug 26, 2024 | By Foundation | F1, F3, F5 |
| transaction | ANET | Common Stock | Sale | -$3.49K | -10 | -0.01% | $348.66 | 187K | Aug 26, 2024 | By Foundation | F1, F3 |
| transaction | ANET | Common Stock | Sale | -$49.2K | -140 | -0.07% | $351.39 | 187K | Aug 26, 2024 | By Foundation | F1, F3, F6 |
| transaction | ANET | Common Stock | Sale | -$64.8K | -184 | -0.1% | $352.36 | 187K | Aug 26, 2024 | By Foundation | F1, F3, F7 |
| transaction | ANET | Common Stock | Sale | -$27.2K | -77 | -0.04% | $353.37 | 187K | Aug 26, 2024 | By Foundation | F1, F3, F8 |
| transaction | ANET | Common Stock | Sale | -$40.5K | -114 | -0.06% | $355.66 | 187K | Aug 26, 2024 | By Foundation | F1, F3, F9 |
| transaction | ANET | Common Stock | Sale | -$12.8K | -36 | -0.02% | $356.65 | 187K | Aug 26, 2024 | By Foundation | F1, F3, F10 |
| transaction | ANET | Common Stock | Sale | -$25K | -70 | -0.04% | $357.30 | 187K | Aug 26, 2024 | By Foundation | F1, F3 |
| holding | ANET | Common Stock | 56.6K | Aug 26, 2024 | By GRAT JD | F11 | |||||
| holding | ANET | Common Stock | 56.6K | Aug 26, 2024 | By GRAT KD | F12 | |||||
| holding | ANET | Common Stock | 328K | Aug 26, 2024 | by Trust | F13 |
| 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 | -25% | $0.00 | 60K | Aug 26, 2024 | Common Stock | 20K | $17.09 | Direct | F14, F15 |
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 sale of shares was effected pursuant to a Rule 10b5-1 trading plan entered into on March 14, 2024 by the reporting person's 501(c) Foundation, for which the reporting person and his spouse serve as co-trustee. |
| F2 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $345.57 to $346.565, 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 | These shares are held by a 501(c) Foundation for which the reporting person and his spouse serve as co-trustee. |
| F4 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $346.63 to $347.62, 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 $347.64 to $348.57, 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 $351.00 to $351.99, 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. |
| F7 | The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $352.025 to $352.945, 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 $353.125 to $353.75, 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 $355.25 to $356.07, 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 $356.28 to $356.75, 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 | Reporting person's spouse is the trustee of the Jennifer Duda Annuity Trusts. |
| F12 | Reporting person is the trustee of the Kenneth Duda Annuity Trusts. |
| F13 | These shares are held by a family trust for which the reporting person is co-trustee. |
| F14 | The exercise and/or sale of shares was effected pursuant to a Rule 10b5-1 trading plan entered into by the reporting person on March 14, 2024. |
| F15 | 1/5th of the shares subject to the option shall vested one year after December 1, 2016 and 1/60th of the shares subject to the option vested each month thereafter provided that the reporting person continues to be a service provider to the Issuer as of each vest date. |