Filing Details

Accession Number:
0001596532-24-000103
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-03-05 18:07:13
Reporting Period:
2024-03-01
Accepted Time:
2024-03-05 18:07:13
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
1672685 Marc Taxay 5453 Great America Parkway
Santa Clara CA 95054
Svp And General Counsel 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 2024-03-01 416 $61.05 11,026 No 4 M Direct
Common Stock Acquisiton 2024-03-01 208 $61.11 11,234 No 4 M Direct
Common Stock Acquisiton 2024-03-01 416 $56.59 11,650 No 4 M Direct
Common Stock Disposition 2024-03-01 1,140 $281.64 10,510 No 4 S Direct
Common Stock Disposition 2024-03-01 100 $282.91 10,410 No 4 S Direct
Common Stock Disposition 2024-03-01 400 $284.43 10,010 No 4 S Direct
Common Stock Disposition 2024-03-01 1,410 $285.58 8,600 No 4 S Direct
Common Stock Disposition 2024-03-01 5,004 $286.74 3,596 No 4 S Direct
Common Stock Disposition 2024-03-01 3,596 $287.68 0 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 S Direct
No 4 S 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 2024-03-01 416 $0.00 416 $56.59
Common Stock Non-Qualified Stock Option (right to buy) Disposition 2024-03-01 416 $0.00 416 $61.05
Common Stock Non-Qualified Stock Option (right to buy) Disposition 2024-03-01 208 $0.00 208 $61.11
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
3,332 2029-02-07 No 4 M Direct
832 2028-04-12 No 4 M Direct
1,668 2028-11-08 No 4 M Direct
Footnotes
  1. The exercise and sale of shares was effected pursuant to a Rule 10b5-1 trading plan entered into by the reporting person on September 14, 2023.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $281.60 to $282.05, 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 $284.08 to $284.89, 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 $285.12 to $286.11, 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.
  5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $286.12 to $287.10, 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.
  6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $287.12 to $288.11, 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.
  7. 1/48th of the shares subject to the option shall vest and become exercisable on December 1, 2020 and 1/48th of the shares subject to the option shall continue to vest each month thereafter.
  8. 1/48th of the shares subject to the option shall vest and become exercisable on June 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 shall vest and become exercisable on December 1, 2020 and 1/48th of the shares subject to the option shall continue to vest each month thereafter.