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Arista Networks, Inc. — Director's Dealing 2021
Sep 3, 2021
29800_dirs_2021-09-02_344325fc-b3f2-405f-82ab-31d0138945a1.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Arista Networks, Inc. (ANET)
CIK: 0001596532
Period of Report: 2021-08-31
Reporting Person: BECHTOLSHEIM ANDREAS (Director, Chief Development Officer, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-08-31 | Common Stock | M | 24010 | $38.0 | Acquired | 44377 | Direct |
| 2021-08-31 | Common Stock | M | 990 | $68.34 | Acquired | 45367 | Direct |
| 2021-08-31 | Common Stock | S | 6893 | $367.8431 | Disposed | 38474 | Direct |
| 2021-08-31 | Common Stock | S | 10812 | $368.6281 | Disposed | 27662 | Direct |
| 2021-08-31 | Common Stock | S | 7093 | $369.5348 | Disposed | 20569 | Direct |
| 2021-08-31 | Common Stock | S | 202 | $370.3754 | Disposed | 20367 | Direct |
| 2021-09-01 | Common Stock | M | 6010 | $68.34 | Acquired | 26377 | Direct |
| 2021-09-01 | Common Stock | M | 18990 | $56.24 | Acquired | 45367 | Direct |
| 2021-09-01 | Common Stock | S | 1714 | $358.553 | Disposed | 43653 | Direct |
| 2021-09-01 | Common Stock | S | 4483 | $359.974 | Disposed | 39170 | Direct |
| 2021-09-01 | Common Stock | S | 2499 | $360.8554 | Disposed | 36671 | Direct |
| 2021-09-01 | Common Stock | S | 2620 | $362.0025 | Disposed | 34051 | Direct |
| 2021-09-01 | Common Stock | S | 8761 | $362.9434 | Disposed | 25290 | Direct |
| 2021-09-01 | Common Stock | S | 2225 | $363.8569 | Disposed | 23065 | Direct |
| 2021-09-01 | Common Stock | S | 2098 | $364.8807 | Disposed | 20967 | Direct |
| 2021-09-01 | Common Stock | S | 300 | $366.7021 | Disposed | 20667 | Direct |
| 2021-09-01 | Common Stock | S | 300 | $367.4556 | Disposed | 20367 | Direct |
| 2021-08-31 | Common Stock | S | 6377 | $367.7988 | Disposed | 12295376 | Indirect |
| 2021-08-31 | Common Stock | S | 11257 | $368.5657 | Disposed | 12284119 | Indirect |
| 2021-08-31 | Common Stock | S | 7366 | $369.5337 | Disposed | 12276753 | Indirect |
| 2021-09-01 | Common Stock | S | 1698 | $358.5269 | Disposed | 12275055 | Indirect |
| 2021-09-01 | Common Stock | S | 4538 | $359.9808 | Disposed | 12270517 | Indirect |
| 2021-09-01 | Common Stock | S | 2424 | $360.8411 | Disposed | 12268093 | Indirect |
| 2021-09-01 | Common Stock | S | 2617 | $361.9791 | Disposed | 12265476 | Indirect |
| 2021-09-01 | Common Stock | S | 8947 | $362.9221 | Disposed | 12256529 | Indirect |
| 2021-09-01 | Common Stock | S | 2279 | $363.8725 | Disposed | 12254250 | Indirect |
| 2021-09-01 | Common Stock | S | 1930 | $364.8308 | Disposed | 12252320 | Indirect |
| 2021-09-01 | Common Stock | S | 167 | $366.1704 | Disposed | 12252153 | Indirect |
| 2021-09-01 | Common Stock | S | 400 | $367.2588 | Disposed | 12251753 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-08-31 | Non-Qualified Stock Option (right to buy) | $38.0 | M | 24010 | Disposed | 2024-05-19 | Common Stock (24010) | Direct |
| 2021-09-01 | Non-Qualified Stock Option (right to buy) | $56.24 | M | 18990 | Disposed | 2026-02-11 | Common Stock (18990) | Direct |
| 2021-08-31 | Non-Qualified Stock Option (right to buy) | $68.34 | M | 990 | Disposed | 2024-12-15 | Common Stock (990) | Direct |
| 2021-09-01 | Non-Qualified Stock Option (right to buy) | $68.34 | M | 6010 | Disposed | 2024-12-15 | Common Stock (6010) | Direct |
Footnotes
F1: The exercise and/or sale of shares was effected pursuant to a Rule 10b5-1 trading plan entered into by the reporting person on June 14, 2021.
F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $367.13 to $368.125, 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.
F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $368.13 to $369.12, 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.
F4: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $369.13 to $370.11, 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.
F5: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $370.205 to $370.67, 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.
F6: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $358.31 to $358.90, 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.
F7: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $359.46 to $360.43, 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.
F8: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $360.46 to $361.445, 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: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $361.46 to $362.45, 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.
F10: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $362.46 to $363.40, 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.
F11: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $363.47 to $364.33, 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: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $364.50 to $365.42, 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.
F13: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $366.16 to $367.15, 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.
F14: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $367.25 to $368.145, 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.
F15: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $367.13 to $368.12, 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.
F16: These shares are held by a family trust for which the reporting person is a trustee.
F17: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $368.13 to $369.12, 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.
F18: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $369.13 to $370.09, 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.
F19: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $358.30 to $358.81, 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.
F20: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $359.45 to $360.44, 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.
F21: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $360.45 to $361.35, 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.
F22: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $361.45 to $362.44, 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.
F23: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $362.45 to $363.43, 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.
F24: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $363.46 to $364.35, 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.
F25: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $364.47 to $365.35, 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.
F26: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $366.02 to $366.54, 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.
F27: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $367.19 to $367.35, 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.
F28: 1/5th of the 500,000 shares subject to the option vested on September 30, 2017 and 1/60th of the shares subject to the option shall vest monthly thereafter.
F29: 1/60th of the 100,000 shares subject to the option vested on January 1, 2017 and 1/60th of the shares subject to the option shall continue to vest each month thereafter.
F30: 1/5th of the 70,000 shares subject to the option vested on December 1, 2015 and 1/60th of the shares subject to the option shall continue to vest each month thereafter.