Form Type: 4

SEC EDGAR Link
Accession Number:0001596532-21-000418
Date:2021-11-23
Issuer: ARISTA NETWORKS, INC. (ANET)
Original Submission Date:

Reporting Person:

BECHTOLSHEIM ANDREAS
5453 GREAT AMERICA PARKWAY
SANTA CLARA, CA 95054

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2021-11-23 M 7,168 a $23.88 95,597 direct
COMMON STOCK 2021-11-23 M 2,000 a $61.05 97,597 direct
COMMON STOCK 2021-11-23 M 2,500 a $56.59 100,097 direct
COMMON STOCK 2021-11-23 S 700 d $124.16 99,397 direct
COMMON STOCK 2021-11-23 S 6,039 d $125.31 93,358 direct
COMMON STOCK 2021-11-23 S 4,929 d $126.36 88,429 direct
COMMON STOCK 2021-11-23 S 200 d $122.60 48,619,800 indirect f6
COMMON STOCK 2021-11-23 S 3,113 d $123.92 48,616,687 indirect f6
COMMON STOCK 2021-11-23 S 24,841 d $124.94 48,591,846 indirect f6
COMMON STOCK 2021-11-23 S 41,475 d $125.63 48,550,371 indirect f6
COMMON STOCK 2021-11-23 S 30,371 d $126.48 48,520,000 indirect f6
COMMON STOCK 2021-11-24 S 8,340 d $126.41 48,511,660 indirect f6
COMMON STOCK 2021-11-24 S 84,570 d $127.38 48,427,090 indirect f6
COMMON STOCK 2021-11-24 S 7,090 d $127.87 48,420,000 indirect f6
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
NON-QUALIFIED STOCK OPTION (RIGHT TO BUY) 23.8775 2021-11-23 deemed execution date M 7,168 (d) 2027-02-05 common stock 7,168 $23.88 16,500 direct
NON-QUALIFIED STOCK OPTION (RIGHT TO BUY) 56.585 2021-11-23 deemed execution date M 2,500 (d) 2029-02-07 common stock 2,500 $56.59 30,000 direct
NON-QUALIFIED STOCK OPTION (RIGHT TO BUY) 61.05 2021-11-23 deemed execution date M 2,000 (d) 2028-04-12 common stock 2,000 $61.05 20,000 direct
Footnotes
IDfootnote
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 $123.80 to $124.43, 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.
f3 the price reported in column 4 is a weighted average price. these shares were sold in multiple transactions at prices ranging from $124.83 to $125.815, 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 $125.83 to $126.74, 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 $122.18 to $123.08, 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 these shares are held by a family trust for which the reporting person is a trustee.
f7 the price reported in column 4 is a weighted average price. these shares were sold in multiple transactions at prices ranging from $123.24 to $124.23, 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.
f8 the price reported in column 4 is a weighted average price. these shares were sold in multiple transactions at prices ranging from $124.24 to $125.23, 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.
f9 the price reported in column 4 is a weighted average price. these shares were sold in multiple transactions at prices ranging from $125.24 to $126.22, 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 $126.24 to $126.91, 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 $125.79 to $126.78, 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 $126.79 to $127.78, 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 $127.79 to $128.01, 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 1/5th of the shares subject to the option vested and became exercisable on february 6, 2018 and 1/60th of the shares subject to the option shall vest each month thereafter.
f15 1/48th of the shares subject to the option vested and become exercisable on december 1, 2020 and 1/48th of the shares subject to the option shall continue to vest each month thereafter.
f16 1/48th of the shares subject to the option vested and become exercisable on june 1, 2020 and 1/48th of the shares subject to the option shall continue to vest each month thereafter.
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