Filing Details

Accession Number:
0001596532-22-000017
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-02-03 21:28:30
Reporting Period:
2022-02-01
Accepted Time:
2022-02-03 21:28:30
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1596532 Arista Networks Inc. ANET Computer Communications Equipment (3576) 201751121
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1605807 Anshul Sadana 5453 Great America Parkway
Santa Clara CA 95054
Svp, Chief Operating Officer No Yes No 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 2022-02-01 6,664 $7.67 22,781 No 4 M Direct
Common Stock Acquisiton 2022-02-01 1,664 $14.06 24,445 No 4 M Direct
Common Stock Acquisiton 2022-02-01 668 $61.05 25,113 No 4 M Direct
Common Stock Acquisiton 2022-02-01 332 $61.11 25,445 No 4 M Direct
Common Stock Acquisiton 2022-02-01 1,168 $56.59 26,613 No 4 M Direct
Common Stock Acquisiton 2022-02-01 164 $66.06 26,777 No 4 M Direct
Common Stock Disposition 2022-02-01 2,200 $121.55 24,577 No 4 S Direct
Common Stock Disposition 2022-02-01 5,900 $122.70 18,677 No 4 S Direct
Common Stock Disposition 2022-02-01 2,460 $123.39 16,217 No 4 S Direct
Common Stock Disposition 2022-02-01 100 $124.22 16,117 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 S Direct
No 4 S 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 2022-02-01 6,664 $0.00 6,664 $7.67
Common Stock Non-Qualified Stock Option (right to buy) Disposition 2022-02-01 1,664 $0.00 1,664 $14.06
Common Stock Non-Qualified Stock Option (right to buy) Disposition 2022-02-01 1,168 $0.00 1,168 $56.59
Common Stock Non-Qualified Stock Option (right to buy) Disposition 2022-02-01 668 $0.00 668 $61.05
Common Stock Non-Qualified Stock Option (right to buy) Disposition 2022-02-01 332 $0.00 332 $61.11
Common Stock Non-Qualified Stock Option (right to buy) Disposition 2022-02-01 164 $0.00 164 $66.06
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
66,668 2024-02-10 No 4 M Direct
1,668 2026-02-11 No 4 M Direct
38,500 2029-02-07 No 4 M Direct
18,000 2028-04-12 No 4 M Direct
11,000 2028-11-08 No 4 M Direct
2,668 2029-05-09 No 4 M Direct
Footnotes
  1. 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 December 14, 2020.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $120.99 to $121.97, 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.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $122.045 to $123.04, 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.
  4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $123.08 to $123.94, 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.
  5. 1/5th of the shares subject to the option vested and became exercisable on December 1, 2018 and 1/60th of the shares subject to the option shall vest monthly thereafter.
  6. 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 December 12, 2018.
  7. 1/60th of the shares subject to the option vested and became exercisable on April 1, 2017 and 1/60th of the shares subject to the option shall vest monthly thereafter.
  8. 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.
  9. 1/48th of the shares subject to the option vested and became exercisable on June 1, 2020 and 1/48th of the shares subject to the option shall continue to vest each month thereafter.
  10. 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.
  11. 1/48th of the shares subject to the option vested and became exercisable on June 10, 2019 and 1/48th of the shares subject to the option shall continue to vest each month thereafter.