Form 4 for ANET Arista Networks
Accepted 2024-04-04 00:00:00 ET · period of report 2024-04-02 · accession 0001596532-24-000137 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DMI | 2024-04-04 | 2024-04-02 | ANET | Ullal Jayshree | Pres, CEO, Dir | S - Sale+OE | $291.70 | -24.0K | 1.64M | -1% | -$7.00M |
| DM | 2024-04-04 | 2024-04-02 | ANET | Ullal Jayshree | Pres, CEO, Dir | S - Sale+OE | $288.60 | -1,500 | 18.9K | -7% | -$432.9K |
| DM | 2024-04-04 | 2024-04-02 | ANET | Ullal Jayshree | Pres, CEO, Dir | M - OptEx | $58.56 | +1,500 | 19.2K | +8% | +$87.8K |
| DM | 2024-04-04 | 2024-04-02 | ANET | Ullal Jayshree | Pres, CEO, Dir | M - OptEx | $0.00 | -1,500 | 2,000 | -43% | $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 | 2024-04-02 | S | D | 15,000 | $291.70 | 6,489,492 | I | — | — | |
| 2 | Common | Common Stock | 2024-04-02 | S | D | 4,500 | $291.70 | 1,638,300 | I | — | — | |
| 3 | Common | Common Stock | 2024-04-02 | S | D | 23 | $292.79 | 17,681 | D | — | — | |
| 4 | Common | Common Stock | 2024-04-02 | S | D | 183 | $290.84 | 17,704 | D | — | — | (F6) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $290.36 to $291.23, 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 | 2024-04-02 | S | D | 654 | $289.29 | 17,887 | D | — | — | (F5) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $288.85 to $289.79, 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 | 2024-04-02 | S | D | 4,500 | $291.70 | 1,638,300 | I | — | — | |
| 7 | Common | Common Stock | 2024-04-02 | S | D | 320 | $288.28 | 18,541 | D | — | — | (F4) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $287.75 to $288.73, 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. |
| 8 | Common | Common Stock | 2024-04-02 | M | A | 664 | $61.05 | 18,345 | D By Trust for Child 1 | — | — | (F8) These shares are held in trust for the benefit of the children of the reporting person for which the reporting person serves as trustee. The reporting person shares voting and investment control over the shares but disclaims beneficial ownership of the shares. |
| 9 | Common | Common Stock | 2024-04-02 | M | A | 836 | $56.59 | 19,181 | D By Trust for Child 2 | — | — | (F8) These shares are held in trust for the benefit of the children of the reporting person for which the reporting person serves as trustee. The reporting person shares voting and investment control over the shares but disclaims beneficial ownership of the shares. |
| 10 | Common | Common Stock | 2024-04-02 | S | D | 160 | $285.04 | 19,021 | 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 $284.92 to $285.16, 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. (F9) These shares are held by a family trust for which the reporting person is co-trustee. |
| 11 | Common | Common Stock | 2024-04-02 | S | D | 160 | $286.84 | 18,861 | D | — | — | (F3) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $286.52 to $287.15, 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 | Derivative | Non-Qualified Stock Option (right to buy) | 2024-04-02 | M | D | 836 | $0.00 | 7,500 | D | $56.59 · — to 2029-02-07 | 836 Common Stock | (F11) 1/48th of the shares subject to the option vested on December 1, 2020 and 1/48th of the shares subject to the option shall continue to vest each month thereafter. |
| 13 | Derivative | Non-Qualified Stock Option (right to buy) | 2024-04-02 | M | D | 664 | $0.00 | 2,000 | D | $61.05 · — to 2028-04-12 | 664 Common Stock | (F12) 1/48th of the shares subject to the option vested on June 1, 2020 and 1/48th of the shares subject to the option shall vest monthly thereafter. |