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Arista Networks, Inc. — Director's Dealing 2021
Jun 8, 2021
29800_dirs_2021-06-07_7fc37a6b-a70e-4a3e-9527-d9f32b6f1d9a.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: 2021-06-03
Reporting Person: Sadana Anshul (SVP, Chief Operating Officer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-06-03 | Common Stock | M | 400 | $22.49 | Acquired | 2821 | Direct |
| 2021-06-03 | Common Stock | M | 1667 | $30.67 | Acquired | 4488 | Direct |
| 2021-06-03 | Common Stock | M | 833 | $68.34 | Acquired | 5321 | Direct |
| 2021-06-03 | Common Stock | M | 333 | $64.46 | Acquired | 5654 | Direct |
| 2021-06-03 | Common Stock | M | 417 | $56.24 | Acquired | 6071 | Direct |
| 2021-06-03 | Common Stock | M | 167 | $244.2 | Acquired | 6238 | Direct |
| 2021-06-03 | Common Stock | M | 83 | $244.43 | Acquired | 6321 | Direct |
| 2021-06-03 | Common Stock | M | 292 | $226.34 | Acquired | 6613 | Direct |
| 2021-06-03 | Common Stock | M | 42 | $264.22 | Acquired | 6655 | Direct |
| 2021-06-03 | Common Stock | S | 4234 | $340.143 | Disposed | 2421 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-06-03 | Non-Qualified Stock Option (right to buy) | $22.49 | M | 400 | Disposed | 2024-01-12 | Common Stock (400) | Direct |
| 2021-06-03 | Non-Qualified Stock Option (right to buy) | $30.67 | M | 1667 | Disposed | 2024-02-10 | Common Stock (1667) | Direct |
| 2021-06-03 | Non-Qualified Stock Option (right to buy) | $56.24 | M | 417 | Disposed | 2026-02-11 | Common Stock (417) | Direct |
| 2021-06-03 | Non-Qualified Stock Option (right to buy) | $64.46 | M | 333 | Disposed | 2025-09-10 | Common Stock (333) | Direct |
| 2021-06-03 | Non-Qualified Stock Option (right to buy) | $68.34 | M | 833 | Disposed | 2024-12-15 | Common Stock (833) | Direct |
| 2021-06-03 | Non-Qualified Stock Option (right to buy) | $226.34 | M | 292 | Disposed | 2029-02-07 | Common Stock (292) | Direct |
| 2021-06-03 | Non-Qualified Stock Option (right to buy) | $244.2 | M | 167 | Disposed | 2028-04-12 | Common Stock (167) | Direct |
| 2021-06-03 | Non-Qualified Stock Option (right to buy) | $244.43 | M | 83 | Disposed | 2028-11-08 | Common Stock (83) | Direct |
| 2021-06-03 | Non-Qualified Stock Option (right to buy) | $264.22 | M | 42 | Disposed | 2029-05-09 | Common Stock (42) | Direct |
Footnotes
F1: The exercise and/or sales reported on this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 14, 2020.
F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $340.00 to $340.42, 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.
F3: 1/5th of the 24,000 shares subject to the option vested and became exercisable on December 1, 2017 and 1/60th of the shares subject to the option shall vest monthly thereafter.
F4: 1/5th of the 100,000 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.
F5: 1/60th of the 25,000 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.
F6: 1/5th of the 20,000 shares subject to the option vested and became exercisable on December 1, 2017 and 1/60th of the shares subject to the option shall vest monthly thereafter.
F7: 1/5th of the 50,000 shares subject to the option vested and became exercisable on December 1, 2017 and 1/60th of the shares subject to the option shall vest monthly thereafter.
F8: 1/48th of the 14,000 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.
F9: 1/48th of the 8,000 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.
F10: 1/48th of the 4,000 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.
F11: 1/48th of the 2,000 shares subject to the option vested and became exercisable on June 10, 2019 and 1/48th of the shares subject to the option shall continue to vest each month thereafter.