Filing Details
- Accession Number:
- 0001596532-17-000224
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2017-08-23 21:25:59
- Reporting Period:
- 2017-08-21
- Accepted Time:
- 2017-08-23 20:25:59
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1596532 | Arista Networks Inc. | ANET | () | 4 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1494211 | M Ita Brennan | 5453 Great America Parkway Santa Clara CA 95054 | Senior Vice President, Cfo | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2017-08-21 | 3,750 | $0.00 | 21,079 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2017-08-21 | 375 | $0.00 | 21,454 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2017-08-21 | 2,151 | $172.01 | 19,303 | No | 4 | F | Direct | |
| Common Stock | Acquisiton | 2017-08-22 | 5,000 | $84.97 | 24,303 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2017-08-22 | 5,000 | $175.00 | 19,303 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Non-Qualified Stock Option (right to buy) | Disposition | 2017-08-22 | 5,000 | $0.00 | 5,000 | $84.97 |
| Common Stock | Restricted Stock Unit-1 | Disposition | 2017-08-21 | 3,750 | $0.00 | 3,750 | $0.00 |
| Common Stock | Restricted Stock Unit-2 | Disposition | 2017-08-21 | 375 | $0.00 | 375 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 20,000 | 2025-06-15 | No | 4 | M | Direct | |
| 41,250 | No | 4 | M | Direct | ||
| 4,875 | No | 4 | M | Direct |
Footnotes
- Each restricted stock unit represents a contingent right to receive one share of Arista Networks, Inc. Common Stock upon vesting.
- Represents shares withheld to satisfy tax withholding obligations on the vesting of restricted stock units.
- The exercise and sale of shares was effected pursuant to a Rule 10b5-1 trading plan entered into by the reporting person on June 12, 2017.
- 1/5th of the 25,000 shares subject to the option shall vest and become exercisable on the May 15, 2016 and 1/60th of the shares subject to the option shall vest monthly thereafter.
- Twenty percent (20%) of the 75,000 restricted stock units awarded vested on May 20, 2016 and will continue to vest at a rate of five percent (5%) each quarter 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 6,000 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.
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