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 | -416 | -50% | $0.00 | 416 | Oct 1, 2024 | Common Stock | 416 | $56.59 | Direct | F1, F3 |
transaction | ANET | Non-Qualified Stock Option (right to buy) | Options Exercise | $0 | -164 | -49.4% | $0.00 | 168 | Oct 1, 2024 | Common Stock | 164 | $61.11 | Direct | F1, F4 |
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 sales reported on this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 8, 2023. |
F2 | These shares are held by a family trust for which the reporting person is co-trustee. |
F3 | 1/48th of the 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. |
F4 | 1/48th of the 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. |