Marc Taxay - 01 Nov 2021 Form 4 Insider Report for Arista Networks, Inc. (ANET)

Role
SVP and General Counsel
Signature
By: Isabelle Bertin-Bailly, Attorney-in-Fact For: Marc Taxay
Issuer symbol
ANET
Transactions as of
01 Nov 2021
Net transactions value
-$172,092
Form type
4
Filing time
03 Nov 2021, 18:17:31 UTC
Previous filing
05 Oct 2021
Next filing
24 Nov 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ANET Common Stock Options Exercise $11,344 +166 $68.34 166 01 Nov 2021 Direct F1
transaction ANET Common Stock Options Exercise $10,700 +166 +100% $64.46 332 01 Nov 2021 Direct F1
transaction ANET Common Stock Options Exercise $9,336 +166 +50% $56.24 498 01 Nov 2021 Direct F1
transaction ANET Common Stock Sale $203,473 -498 -100% $408.58 0 01 Nov 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ANET Non-Qualified Stock Option (right to buy) Options Exercise $0 -166 -20% $0.000000 667 01 Nov 2021 Common Stock 166 $56.24 Direct F1, F2
transaction ANET Non-Qualified Stock Option (right to buy) Options Exercise $0 -166 -50% $0.000000 167 01 Nov 2021 Common Stock 166 $64.46 Direct F1, F3
transaction ANET Non-Qualified Stock Option (right to buy) Options Exercise $0 -166 -50% $0.000000 167 01 Nov 2021 Common Stock 166 $68.34 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The exercise and sale of shares was effected pursuant to a Rule 10b5-1 trading plan entered into by the reporting person on September 14, 2020.
F2 1/60th of the 10,000 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.
F3 1/5th of the 10,000 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 10,000 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.