Form 4 for ANET Arista Networks
Accepted 2022-02-28 00:00:00 ET · period of report 2022-02-24 · accession 0001596532-22-000073 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2022-02-28 | 2022-02-24 | ANET | BECHTOLSHEIM ANDREAS | Chief Development Off, Dir, 10% | M - OptEx | $31.31 | +14.0K | 104.5K | +15% | +$438.4K |
| DM | 2022-02-28 | 2022-02-24 | ANET | BECHTOLSHEIM ANDREAS | Chief Development Off, Dir, 10% | S - Sale+OE | $118.12 | -14.0K | 102.6K | -12% | -$1.65M |
| DMI | 2022-02-28 | 2022-02-24 | ANET | BECHTOLSHEIM ANDREAS | Chief Development Off, Dir, 10% | S - Sale+OE | $118.01 | -100.0K | 47.82M | -0.2% | -$11.80M |
| DM | 2022-02-28 | 2022-02-24 | ANET | BECHTOLSHEIM ANDREAS | Chief Development Off, Dir, 10% | M - OptEx | $0.00 | -14.0K | 18.0K | -44% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-02-24 | M | A | 1,332 | $61.05 | 105,847 | D by Trust | — | — | (F12) These shares are held by a family trust for which the reporting person is a trustee. |
| 2 | Common | Common Stock | 2022-02-24 | S | D | 300 | $112.78 | 105,547 | D by Trust | — | — | (F2) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $112.25 to $113.16, 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. (F12) These shares are held by a family trust for which the reporting person is a trustee. |
| 3 | Common | Common Stock | 2022-02-24 | S | D | 400 | $113.70 | 105,147 | D by Trust | — | — | (F3) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $113.39 to $113.86, 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) These shares are held by a family trust for which the reporting person is a trustee. |
| 4 | Common | Common Stock | 2022-02-24 | S | D | 1,100 | $115.10 | 104,047 | D by Trust | — | — | (F4) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $114.75 to $115.73, 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) These shares are held by a family trust for which the reporting person is a trustee. |
| 5 | Common | Common Stock | 2022-02-24 | S | D | 2,639 | $118.22 | 96,743 | D by Trust | — | — | (F7) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $117.87 to $118.81, 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) These shares are held by a family trust for which the reporting person is a trustee. |
| 6 | Common | Common Stock | 2022-02-24 | S | D | 1,213 | $119.27 | 95,530 | D by Trust | — | — | (F8) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $118.88 to $119.77, 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. (F12) These shares are held by a family trust for which the reporting person is a trustee. |
| 7 | Common | Common Stock | 2022-02-24 | S | D | 2,183 | $120.61 | 93,347 | D by Trust | — | — | (F9) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $119.93 to $120.92, 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) These shares are held by a family trust for which the reporting person is a trustee. |
| 8 | Common | Common Stock | 2022-02-24 | S | D | 1,500 | $121.08 | 91,847 | D | — | — | (F10) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $120.93 to $121.26, 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. |
| 9 | Common | Common Stock | 2022-02-24 | S | D | 300 | $110.47 | 47,919,700 | I | — | — | (F11) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $110.21 to $110.66, 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. |
| 10 | Common | Common Stock | 2022-02-24 | S | D | 1,400 | $112.06 | 47,918,300 | I | — | — | (F13) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $111.31 to $112.30, 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. |
| 11 | Common | Common Stock | 2022-02-24 | S | D | 1,400 | $112.88 | 47,916,900 | I | — | — | (F14) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $112.32 to $113.30, 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. |
| 12 | Common | Common Stock | 2022-02-24 | S | D | 3,000 | $113.69 | 47,913,900 | I | — | — | (F15) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $113.32 to $114.22, 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. |
| 13 | Common | Common Stock | 2022-02-24 | S | D | 6,369 | $114.93 | 47,907,531 | I | — | — | (F16) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $114.32 to $115.31, 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. |
| 14 | Common | Common Stock | 2022-02-24 | S | D | 8,243 | $115.90 | 47,899,288 | I | — | — | (F17) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $115.33 to $116.32, 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. |
| 15 | Common | Common Stock | 2022-02-24 | S | D | 11,273 | $116.92 | 47,888,015 | I | — | — | (F18) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $116.36 to $117.35, 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. |
| 16 | Common | Common Stock | 2022-02-24 | S | D | 28,011 | $117.83 | 47,860,004 | I | — | — | (F19) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $117.36 to $118.35, 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. |
| 17 | Common | Common Stock | 2022-02-24 | S | D | 11,539 | $118.80 | 47,848,465 | I | — | — | (F20) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $118.36 to $119.28, 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. |
| 18 | Common | Common Stock | 2022-02-24 | S | D | 6,527 | $119.82 | 47,841,938 | I | — | — | (F21) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $119.37 to $120.34, 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. |
| 19 | Common | Common Stock | 2022-02-24 | S | D | 21,938 | $120.92 | 47,820,000 | I | — | — | (F22) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $120.38 to $121.375, 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. |
| 20 | Common | Common Stock | 2022-02-24 | S | D | 3,265 | $117.45 | 99,382 | D by Trust | — | — | (F6) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $116.86 to $117.85, 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) These shares are held by a family trust for which the reporting person is a trustee. |
| 21 | Common | Common Stock | 2022-02-24 | M | A | 11,000 | $23.88 | 102,847 | D by Trust | — | — | (F12) These shares are held by a family trust for which the reporting person is a trustee. |
| 22 | Common | Common Stock | 2022-02-24 | M | A | 1,668 | $56.59 | 104,515 | D by Trust | — | — | (F12) These shares are held by a family trust for which the reporting person is a trustee. |
| 23 | Common | Common Stock | 2022-02-24 | S | D | 1,400 | $116.25 | 102,647 | D by Trust | — | — | (F5) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $115.77 to $116.73, 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) These shares are held by a family trust for which the reporting person is a trustee. |
| 24 | Derivative | Non-Qualified Stock Option (right to buy) | 2022-02-24 | M | D | 1,668 | $0.00 | 27,500 | D | $56.59 · — to 2029-02-07 | 1,668 Common Stock | (F24) 1/48th of the shares subject to the option vested and become exercisable on December 1, 2020 and 1/48th of the shares subject to the option shall continue to vest each month thereafter. |
| 25 | Derivative | Non-Qualified Stock Option (right to buy) | 2022-02-24 | M | D | 11,000 | $0.00 | 0 | D | $23.88 · — to 2027-02-05 | 11,000 Common Stock | (F23) 1/5th of the shares subject to the option vested and became exercisable on February 6, 2018 and 1/60th of the shares subject to the option shall vest each month thereafter. |
| 26 | Derivative | Non-Qualified Stock Option (right to buy) | 2022-02-24 | M | D | 1,332 | $0.00 | 18,000 | D | $61.05 · — to 2028-04-12 | 1,332 Common Stock | (F25) 1/48th of the shares subject to the option vested and become exercisable on June 1, 2020 and 1/48th of the shares subject to the option shall continue to vest each month thereafter. |