Jayshree Ullal - 21 Nov 2024 Form 4 Insider Report for Arista Networks, Inc. (ANET)

Signature
By: Isabelle Bertin-Bailly, Attorney-in-Fact For: Jayshree Ullal
Issuer symbol
ANET
Transactions as of
21 Nov 2024
Net transactions value
-$7,107,556
Form type
4
Filing time
25 Nov 2024, 19:19:29 UTC
Previous filing
22 Nov 2024
Next filing
13 Dec 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ANET Common Stock Sale $43,064 -110 -0.31% $391.49 35,330 21 Nov 2024 Direct F1, F2
transaction ANET Common Stock Sale $314,413 -800 -2.3% $393.02 34,530 21 Nov 2024 Direct F1, F3
transaction ANET Common Stock Sale $354,797 -900 -2.6% $394.22 33,630 21 Nov 2024 Direct F1, F4
transaction ANET Common Stock Sale $546,174 -1,382 -4.1% $395.21 32,248 21 Nov 2024 Direct F1, F5
transaction ANET Common Stock Sale $515,099 -1,300 -4% $396.23 30,948 21 Nov 2024 Direct F1, F6
transaction ANET Common Stock Sale $437,194 -1,100 -3.6% $397.45 29,848 21 Nov 2024 Direct F1, F7
transaction ANET Common Stock Sale $478,200 -1,200 -4% $398.50 28,648 21 Nov 2024 Direct F1, F8
transaction ANET Common Stock Sale $759,186 -1,900 -6.6% $399.57 26,748 21 Nov 2024 Direct F1, F9
transaction ANET Common Stock Sale $320,576 -800 -3% $400.72 25,948 21 Nov 2024 Direct F1, F10
transaction ANET Common Stock Sale $160,670 -400 -1.5% $401.68 25,548 21 Nov 2024 Direct F1, F11
transaction ANET Common Stock Sale $1,409,715 -3,496 -14% $403.24 22,052 21 Nov 2024 Direct F1, F12
transaction ANET Common Stock Sale $949,125 -2,348 -11% $404.23 19,704 21 Nov 2024 Direct F1, F13
transaction ANET Common Stock Sale $819,341 -2,023 -10% $405.01 17,681 21 Nov 2024 Direct F1, F14
holding ANET Common Stock 1,595,800 21 Nov 2024 By Trust for Child 1 F15
holding ANET Common Stock 1,595,800 21 Nov 2024 By Trust for Child 2 F15
holding ANET Common Stock 10,000 21 Nov 2024 By Trust for Nephew F16
holding ANET Common Stock 10,000 21 Nov 2024 By Trust for Niece F16
holding ANET Common Stock 6,357,492 21 Nov 2024 by Trust F17
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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).

Explanation of Responses:

Id Content
F1 The exercises and/or sales reported on this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 13, 2023.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $391.41 to $392.26, 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.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $392.47 to $393.41, 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 $393.65 to $394.47, 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 $394.88 to $395.72, 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 $395.89 to $396.80, 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 $397.00 to $397.90, 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 $398.02 to $398.95, 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 $399.27 to $400.01, 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 $400.38 to $401.11, 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 $401.45 to $401.90, 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 $402.79 to $403.78, 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 $403.79 to $404.77, 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.
F14 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $404.81 to $405.265, 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 These shares are held in trust for the benefit of the children of the reporting person for which the reporting person serves as trustee. The reporting person shares voting and investment control over the shares but disclaims beneficial ownership of the shares.
F16 These shares are held in trust for the benefit of relatives 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.
F17 These shares are held by a family trust for which the reporting person is co-trustee.