Form Type: 4

SEC EDGAR Link
Accession Number:0001596532-21-000439
Date:2021-12-06
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 2021-12-06 M 1,332 a $5.62 89,761 direct
COMMON STOCK 2021-12-06 M 6,668 a $14.06 96,429 direct
COMMON STOCK 2021-12-06 M 5,500 a $23.88 101,929 direct
COMMON STOCK 2021-12-06 M 668 a $61.05 102,597 direct
COMMON STOCK 2021-12-06 M 832 a $56.59 103,429 direct
COMMON STOCK 2021-12-06 S 3,000 d $119.67 100,429 direct
COMMON STOCK 2021-12-06 S 3,920 d $120.50 96,509 direct
COMMON STOCK 2021-12-06 S 7,734 d $121.75 88,775 direct
COMMON STOCK 2021-12-06 S 346 d $122.23 88,429 direct
COMMON STOCK 2021-12-06 0 $0.00 47,920,000 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) 5.6225 2021-12-06 deemed execution date M 1,332 (d) 2024-01-12 common stock 1,332 $5.62 0 direct
NON-QUALIFIED STOCK OPTION (RIGHT TO BUY) 14.06 2021-12-06 deemed execution date M 6,668 (d) 2026-02-11 common stock 6,668 $14.06 0 direct
NON-QUALIFIED STOCK OPTION (RIGHT TO BUY) 23.8775 2021-12-06 deemed execution date M 5,500 (d) 2027-02-05 common stock 5,500 $23.88 11,000 direct
NON-QUALIFIED STOCK OPTION (RIGHT TO BUY) 56.585 2021-12-06 deemed execution date M 832 (d) 2029-02-07 common stock 832 $56.59 29,168 direct
NON-QUALIFIED STOCK OPTION (RIGHT TO BUY) 61.05 2021-12-06 deemed execution date M 668 (d) 2028-04-12 common stock 668 $61.05 19,332 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 $119.11 to $120.09, 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.
f3 the price reported in column 4 is a weighted average price. these shares were sold in multiple transactions at prices ranging from $120.115 to $121.06, 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 $121.15 to $122.14, 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 $122.15 to $122.31, 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 1/5th of the 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 1/60th of the 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.
f9 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.
f10 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.
f11 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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