Form 4 for ANET Arista Networks
Accepted 2022-06-03 00:00:00 ET · period of report 2022-06-01 · accession 0001596532-22-000186 · 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 | 2022-06-03 | 2022-06-01 | ANET | Brennan Ita M | SVP, CFO | S - Sale+OE | $102.14 | -14.8K | 54.8K | -21% | -$1.51M |
| DM | 2022-06-03 | 2022-06-01 | ANET | Brennan Ita M | SVP, CFO | M - OptEx | $14.74 | +14.8K | 58.4K | +34% | +$218.1K |
| DM | 2022-06-03 | 2022-06-01 | ANET | Brennan Ita M | SVP, CFO | M - OptEx | $0.00 | -14.8K | 0 | -100% | $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 | 2022-06-01 | S | D | 1,116 | $103.79 | 43,815 | D | — | — | (F5) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $103.56 to $104.10, 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. |
| 2 | Common | Common Stock | 2022-06-01 | S | D | 200 | $104.69 | 43,615 | D | — | — | (F6) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $104.65 to $104.72, 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 | Common | Common Stock | 2022-06-01 | M | A | 4,864 | $16.12 | 48,479 | D | — | — | |
| 4 | Common | Common Stock | 2022-06-01 | S | D | 1,584 | $103.09 | 44,931 | D | — | — | (F4) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $102.55 to $103.53, 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 | Common | Common Stock | 2022-06-01 | S | D | 8,300 | $102.14 | 46,515 | D | — | — | (F3) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $101.55 to $102.50, 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 | Common | Common Stock | 2022-06-01 | S | D | 3,600 | $101.07 | 54,815 | D | — | — | (F2) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $100.53 to $101.525, 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 | Common | Common Stock | 2022-06-01 | M | A | 9,936 | $14.06 | 58,415 | D | — | — | |
| 8 | Derivative | Non-Qualified Stock Option (right to buy) | 2022-06-01 | M | D | 9,936 | $0.00 | 0 | D | $14.06 · — to 2026-02-12 | 9,936 Common Stock | (F7) 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 continue to vest each month thereafter. |
| 9 | Derivative | Non-Qualified Stock Option (right to buy) | 2022-06-01 | M | D | 4,864 | $0.00 | 0 | D | $16.12 · — to 2025-09-10 | 4,864 Common Stock | (F8) 1/5th of the shares subject to the option vest on December 1, 2017 and 1/60th of the shares subject to the option shall vest each month thereafter. |