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Bechtolsheim Andreas's Form 4 filing

Arista Networks, Inc. (ANET) · filed Aug 27, 2021

Accession no.
0001596532-21-000310
Filed
Aug 27, 2021
Trade date
Aug 25-26, 2021
Filing delay
2 days
Rule 10b5-1 plan
Not on the form (before 2023)

This filing lists 28 non-derivative transactions and 2 derivative transactions. Open-market sales total $37.3M. It was filed 2 days after the trade.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Bechtolsheim AndreasCIK 0001133206Director, Officer (Chief Development Officer), 10% Owner

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Aug 25, 2021Common StockMOption exerciseAcquired+25,000$38.00+$950,00045,367Direct
Aug 25, 2021Common StockSSaleDisposed−2,664$373.26F2−$994,364.6442,703Direct
Aug 25, 2021Common StockSSaleDisposed−8,712$374.09F3−$3,259,072.0833,991Direct
Aug 25, 2021Common StockSSaleDisposed−5,660$375.22F4−$2,123,745.228,331Direct
Aug 25, 2021Common StockSSaleDisposed−2,572$376.36F5−$967,997.9225,759Direct
Aug 25, 2021Common StockSSaleDisposed−3,373$377.12F6−$1,272,025.7622,386Direct
Aug 25, 2021Common StockSSaleDisposed−1,814$378.44F7−$686,490.1620,572Direct
Aug 25, 2021Common StockSSaleDisposed−205$378.93F8−$77,680.6520,367Direct
Aug 26, 2021Common StockMOption exerciseAcquired+25,000$38.00+$950,00045,367Direct
Aug 26, 2021Common StockSSaleDisposed−9,443$369.00F9−$3,484,46735,924Direct
Aug 26, 2021Common StockSSaleDisposed−7,173$369.89F10−$2,653,220.9728,751Direct
Aug 26, 2021Common StockSSaleDisposed−4,478$370.65F11−$1,659,770.724,273Direct
Aug 26, 2021Common StockSSaleDisposed−1,799$372.01F12−$669,245.9922,474Direct
Aug 26, 2021Common StockSSaleDisposed−1,801$373.00F13−$671,77320,673Direct
Aug 26, 2021Common StockSSaleDisposed−306$373.84F14−$114,395.0420,367Direct
Aug 25, 2021Common StockSSaleDisposed−2,477$373.21F15−$924,441.1712,399,276Indirect
Aug 25, 2021Common StockSSaleDisposed−9,059$374.09F17−$3,388,881.3112,390,217Indirect
Aug 25, 2021Common StockSSaleDisposed−5,565$375.25F18−$2,088,266.2512,384,652Indirect
Aug 25, 2021Common StockSSaleDisposed−2,290$376.34F19−$861,818.612,382,362Indirect
Aug 25, 2021Common StockSSaleDisposed−3,475$377.06F20−$1,310,283.512,378,887Indirect
Aug 25, 2021Common StockSSaleDisposed−1,634$378.29F21−$618,125.8612,377,253Indirect
Aug 25, 2021Common StockSSaleDisposed−500$378.92F22−$189,46012,376,753Indirect
Aug 26, 2021Common StockSSaleDisposed−9,678$368.96F23−$3,570,794.8812,367,075Indirect
Aug 26, 2021Common StockSSaleDisposed−7,087$369.88F24−$2,621,339.5612,359,988Indirect
Aug 26, 2021Common StockSSaleDisposed−4,313$370.66F25−$1,598,656.5812,355,675Indirect
Aug 26, 2021Common StockSSaleDisposed−1,760$372.00F26−$654,72012,353,915Indirect
Aug 26, 2021Common StockSSaleDisposed−1,703$372.97F27−$635,167.9112,352,212Indirect
Aug 26, 2021Common StockSSaleDisposed−459$373.83F28−$171,587.9712,351,753Indirect

Derivative securities (Table II)

Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Aug 25, 2021Common StockMOption exerciseDisposed−25,000$0.00$0115,677Direct
Aug 26, 2021Common StockMOption exerciseDisposed−25,000$0.00$090,677Direct

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F2

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $372.72 to $373.715, 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.

Referenced by the price of 1 transaction in Table I.

F3

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $373.72 to $374.65, 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.

Referenced by the price of 1 transaction in Table I.

F4

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $374.735 to $375.70, 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.

Referenced by the price of 1 transaction in Table I.

F5

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $375.74 to $376.73, 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.

Referenced by the price of 1 transaction in Table I.

F6

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $376.78 to $377.77, 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.

Referenced by the price of 1 transaction in Table I.

F7

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $377.89 to $378.86, 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.

Referenced by the price of 1 transaction in Table I.

F8

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $378.91 to $379.07, 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.

Referenced by the price of 1 transaction in Table I.

F9

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $368.37 to $369.36, 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.

Referenced by the price of 1 transaction in Table I.

F10

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $369.37 to $370.34, 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.

Referenced by the price of 1 transaction in Table I.

F11

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $370.37 to $371.235, 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.

Referenced by the price of 1 transaction in Table I.

F12

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $371.43 to $372.42, 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.

Referenced by the price of 1 transaction in Table I.

F13

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $372.44 to $373.39, 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.

Referenced by the price of 1 transaction in Table I.

F14

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $373.65 to $374.13, 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.

Referenced by the price of 1 transaction in Table I.

F15

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $372.72 to $373.68, 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.

Referenced by the price of 1 transaction in Table I.

F17

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $373.72 to $374.68, 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.

Referenced by the price of 1 transaction in Table I.

F18

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $374.735 to $375.70, 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.

Referenced by the price of 1 transaction in Table I.

F19

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $375.74 to $376.72, 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.

Referenced by the price of 1 transaction in Table I.

F20

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $376.75 to $377.63, 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.

Referenced by the price of 1 transaction in Table I.

F21

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $377.80 to $378.695, 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.

Referenced by the price of 1 transaction in Table I.

F22

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $378.82 to $379.06, 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.

Referenced by the price of 1 transaction in Table I.

F23

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $368.35 to $369.34, 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.

Referenced by the price of 1 transaction in Table I.

F24

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $369.35 to $370.34, 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.

Referenced by the price of 1 transaction in Table I.

F25

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $370.35 to $371.16, 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.

Referenced by the price of 1 transaction in Table I.

F26

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $371.43 to $372.40, 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.

Referenced by the price of 1 transaction in Table I.

F27

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $372.45 to $373.34, 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.

Referenced by the price of 1 transaction in Table I.

F28

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $373.5 to $374.32, 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.

Referenced by the price of 1 transaction in Table I.

Read the full filing on SEC EDGAR (opens in a new tab)