Form 4 for ANET Arista Networks
Accepted 2023-03-10 00:00:00 ET · period of report 2023-03-09 · accession 0001596532-23-000076 · 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 | 2023-03-10 | 2023-03-09 | ANET | Sadana Anshul | SVP, COO | M - OptEx | $17.32 | +10.0K | 84.4K | +13% | +$173.2K |
| D | 2023-03-10 | 2023-03-09 | ANET | Sadana Anshul | SVP, COO | S - Sale+OE | $150.03 | -10.0K | 82.7K | -11% | -$1.50M |
| DM | 2023-03-10 | 2023-03-09 | ANET | Sadana Anshul | SVP, COO | M - OptEx | $0.00 | -10.0K | 10.7K | -48% | $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 | 2023-03-09 | M | A | 668 | $61.05 | 83,379 | D | — | — | |
| 2 | Common | Common Stock | 2023-03-09 | M | A | 332 | $61.11 | 83,711 | D | — | — | |
| 3 | Common | Common Stock | 2023-03-09 | S | D | 10,000 | $150.03 | 82,711 | D | — | — | (F2) 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. |
| 4 | Common | Common Stock | 2023-03-09 | M | A | 1,668 | $14.06 | 92,711 | D | — | — | |
| 5 | Common | Common Stock | 2023-03-09 | M | A | 6,668 | $7.67 | 91,043 | D | — | — | |
| 6 | Common | Common Stock | 2023-03-09 | M | A | 664 | $56.59 | 84,375 | D | — | — | |
| 7 | Derivative | Non-Qualified Stock Option (right to buy) | 2023-03-09 | M | D | 6,668 | $0.00 | 60,000 | D | $7.67 · — to 2024-02-10 | 6,668 Common Stock | (F3) 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. |
| 8 | Derivative | Non-Qualified Stock Option (right to buy) | 2023-03-09 | M | D | 1,668 | $0.00 | 0 | D | $14.06 · — to 2026-02-11 | 1,668 Common Stock | (F4) 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. |
| 9 | Derivative | Non-Qualified Stock Option (right to buy) | 2023-03-09 | M | D | 664 | $0.00 | 37,836 | D | $56.59 · — to 2029-02-07 | 664 Common Stock | (F5) 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. |
| 10 | Derivative | Non-Qualified Stock Option (right to buy) | 2023-03-09 | M | D | 668 | $0.00 | 17,332 | D | $61.05 · — to 2028-04-12 | 668 Common Stock | (F6) 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. |
| 11 | Derivative | Non-Qualified Stock Option (right to buy) | 2023-03-09 | M | D | 332 | $0.00 | 10,668 | D | $61.11 · — to 2028-11-08 | 332 Common Stock | (F7) 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. |