Filing Details
- Accession Number:
- 0001596532-23-000076
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-03-10 18:15:49
- Reporting Period:
- 2023-03-09
- Accepted Time:
- 2023-03-10 18:15:49
- 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 | 2023-03-09 | 668 | $61.05 | 83,379 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2023-03-09 | 332 | $61.11 | 83,711 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2023-03-09 | 664 | $56.59 | 84,375 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2023-03-09 | 6,668 | $7.67 | 91,043 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2023-03-09 | 1,668 | $14.06 | 92,711 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2023-03-09 | 10,000 | $150.03 | 82,711 | 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 | 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 | 2023-03-09 | 6,668 | $0.00 | 6,668 | $7.67 |
| Common Stock | Non-Qualified Stock Option (right to buy) | Disposition | 2023-03-09 | 1,668 | $0.00 | 1,668 | $14.06 |
| Common Stock | Non-Qualified Stock Option (right to buy) | Disposition | 2023-03-09 | 664 | $0.00 | 664 | $56.59 |
| Common Stock | Non-Qualified Stock Option (right to buy) | Disposition | 2023-03-09 | 668 | $0.00 | 668 | $61.05 |
| Common Stock | Non-Qualified Stock Option (right to buy) | Disposition | 2023-03-09 | 332 | $0.00 | 332 | $61.11 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 60,000 | 2024-02-10 | No | 4 | M | Direct | |
| 0 | 2026-02-11 | No | 4 | M | Direct | |
| 37,836 | 2029-02-07 | No | 4 | M | Direct | |
| 17,332 | 2028-04-12 | No | 4 | M | Direct | |
| 10,668 | 2028-11-08 | No | 4 | M | Direct |
Footnotes
- 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 13, 2021.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $150.00 to $150.16, 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.
- 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.
- 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.
- 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.
- 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.
- 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.
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