0001596532-21-000401.txt : 20211124 0001596532-21-000401.hdr.sgml : 20211124 20211124184910 ACCESSION NUMBER: 0001596532-21-000401 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20211122 FILED AS OF DATE: 20211124 DATE AS OF CHANGE: 20211124 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BECHTOLSHEIM ANDREAS CENTRAL INDEX KEY: 0001133206 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36468 FILM NUMBER: 211448615 MAIL ADDRESS: STREET 1: C/O ARISTA NETWORKS, INC. STREET 2: 5453 GREAT AMERICA PARKWAY CITY: SANTA CLARA STATE: CA ZIP: 95054 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Arista Networks, Inc. CENTRAL INDEX KEY: 0001596532 STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER COMMUNICATIONS EQUIPMENT [3576] IRS NUMBER: 201751121 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 5453 GREAT AMERICA PARKWAY CITY: SANTA CLARA STATE: CA ZIP: 95054 BUSINESS PHONE: 408-547-5500 MAIL ADDRESS: STREET 1: 5453 GREAT AMERICA PARKWAY CITY: SANTA CLARA STATE: CA ZIP: 95054 4 1 edgardoc.xml PRIMARY DOCUMENT X0306 4 2021-11-22 0 0001596532 Arista Networks, Inc. ANET 0001133206 BECHTOLSHEIM ANDREAS 5453 GREAT AMERICA PARKWAY SANTA CLARA CA 95054 1 1 1 0 Chief Development Officer Common Stock 2021-11-22 4 M 0 8252 0.0 A 89720 D Common Stock 2021-11-22 4 M 0 5000 0.0 A 94720 D Common Stock 2021-11-22 4 F 0 6291 128.16 D 88429 D Common Stock 2021-11-22 4 M 0 4000 5.6225 A 92429 D Common Stock 2021-11-22 4 M 0 66668 9.5 A 159097 D Common Stock 2021-11-22 4 M 0 20000 14.06 A 179097 D Common Stock 2021-11-22 4 M 0 9332 23.8775 A 188429 D Common Stock 2021-11-22 4 S 0 36106 128.6043 D 152323 D Common Stock 2021-11-22 4 S 0 37081 129.339 D 115242 D Common Stock 2021-11-22 4 S 0 9444 130.5108 D 105798 D Common Stock 2021-11-22 4 S 0 17369 131.4438 D 88429 D Common Stock 2021-11-22 4 S 0 36241 128.6018 D 48683759 I by Trust Common Stock 2021-11-22 4 S 0 36625 129.3317 D 48647134 I by Trust Common Stock 2021-11-22 4 S 0 9529 130.4642 D 48637605 I by Trust Common Stock 2021-11-22 4 S 0 17605 131.4368 D 48620000 I by Trust Non-Qualified Stock Option (right to buy) 5.6225 2021-11-22 4 M 0 4000 0.0 D 2024-01-12 Common Stock 4000 1332 D Non-Qualified Stock Option (right to buy) 9.5 2021-11-22 4 M 0 66668 0.0 D 2024-05-19 Common Stock 66668 0 D Non-Qualified Stock Option (right to buy) 14.06 2021-11-22 4 M 0 20000 0.0 D 2026-02-11 Common Stock 20000 6668 D Non-Qualified Stock Option (right to buy) 23.8775 2021-11-22 4 M 0 9332 0.0 D 2027-02-05 Common Stock 9332 23668 D Restricted Stock Unit-1 0.0 2021-11-22 4 M 0 8252 0.0 D Common Stock 8252 0 D Restricted Stock Unit-2 0.0 2021-11-22 4 M 0 5000 0.0 D Common Stock 5000 25000 D Each restricted stock unit represents a contingent right to receive one share of Arista Networks, Inc. Common Stock upon vesting. On November 18, 2021, the issuer completed a four-for-one stock split of the issuer's common stock. All amounts have been adjusted to give effect to this stock split. Represents shares withheld to satisfy tax withholding obligations on the vesting of restricted stock units. 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $128.02 to $129.01, 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $129.02 to $130.01, 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $130.02 to $131.01, 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $131.02 to $131.88, 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. These shares are held by a family trust for which the reporting person is a trustee. 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. 1/5th of the shares subject to the option vested on September 30, 2017 and 1/60th of the shares subject to the option shall vest monthly thereafter. 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. 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. Five percent (5%) of the restricted stock units awarded vested on February 20, 2017 and will continue to vest at the same rate on each quarterly vest date thereafter. A quarterly vest date is the first market trading day on or after February 20, May 20, August 20, or November 20 of each year. Six and one-quarter percent (6.25%) of the restricted stock units awarded vested on May 20, 2019 and will continue to vest at the same rate on each quarterly vest date thereafter. A quarterly vest date is the first market trading day on or after February 20, May 20, August 20, November 20 of each year. By: Isabelle Bertin-Bailly, Attorney-in-Fact For: Andreas Bechtolsheim 2021-11-24