Filing Details
- Accession Number:
- 0001596532-18-000154
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2018-06-14 20:13:09
- Reporting Period:
- 2018-06-12
- Accepted Time:
- 2018-06-14 20:13:09
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1596532 | Arista Networks Inc. | ANET | () | 4 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1133206 | Andreas Bechtolsheim | 5453 Great America Parkway Santa Clara CA 95054 | Chief Development Officer | Yes | Yes | Yes | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2018-06-12 | 14,334 | $38.00 | 16,772 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2018-06-12 | 14,334 | $275.16 | 2,438 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2018-06-13 | 8,167 | $68.34 | 10,605 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2018-06-13 | 11,667 | $56.24 | 22,272 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2018-06-13 | 15,832 | $95.51 | 38,104 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2018-06-13 | 30,298 | $280.07 | 7,806 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2018-06-13 | 5,368 | $280.81 | 2,438 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Non-Qualified Stock Option (right to buy) | Disposition | 2018-06-12 | 14,334 | $0.00 | 14,334 | $38.00 |
| Common Stock | Non-Qualified Stock Option (right to buy) | Disposition | 2018-06-13 | 11,667 | $0.00 | 11,667 | $56.24 |
| Common Stock | Non-Qualified Stock Option (right to buy) | Disposition | 2018-06-13 | 8,167 | $0.00 | 8,167 | $68.34 |
| Common Stock | Non-Qualified Stock Option (right to buy) | Disposition | 2018-06-13 | 15,832 | $0.00 | 15,832 | $95.51 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 333,333 | 2024-05-19 | No | 4 | M | Direct | |
| 70,000 | 2026-02-11 | No | 4 | M | Direct | |
| 21,000 | 2024-12-15 | No | 4 | M | Direct | |
| 66,668 | 2027-02-05 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 12,663,121 | Indirect | by Trust |
Footnotes
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $275.00 to $275.25, 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.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $279.80 to $280.285, 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.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $280.80 to $280.865, 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.
- These shares are beneficially owned by The Bechtolsheim Family Trust for which Mr. Bechtolsheim is a Trustee
- 1/5th of the 500,000 shares subject to the option shall vest on September 30, 2017 and 1/60th of the shares subject to the option shall vest monthly thereafter.
- 1/60th of the 100,000 shares subject to the option vested on January 1, 2017 and 1/60th of the shares subject to the option shall continue to vest each month thereafter.
- 1/5th of the 70,000 shares subject to the option vested on December 1, 2015 and 1/60th of the shares subject to the option shall continue to vest each month thereafter.
- 1/5th of the 82,500 shares subject to the option shall vest and become exercisable on February 6, 2018 and 1/60th of the shares subject to the option shall vest each month thereafter.
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