Filing Details

Accession Number:
0001596532-18-000037
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-02-22 20:28:11
Reporting Period:
2018-02-20
Accepted Time:
2018-02-22 20:28:11
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1596532 Arista Networks Inc. ANET Computer Communications Equipment (3576) 201751121
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1605807 Anshul Sadana 5453 Great America Parkway
Santa Clara CA 95054
Chief Customer Officer 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 2018-02-20 625 $0.00 58,397 No 4 M Direct
Common Stock Acquisiton 2018-02-20 750 $0.00 59,147 No 4 M Direct
Common Stock Acquisiton 2018-02-20 1,000 $0.00 60,147 No 4 M Direct
Common Stock Disposition 2018-02-20 820 $249.65 59,327 No 4 F Direct
Common Stock Disposition 2018-02-21 2,908 $238.97 56,419 No 4 S Direct
Common Stock Disposition 2018-02-21 2,717 $240.00 53,702 No 4 S Direct
Common Stock Disposition 2018-02-21 700 $241.51 53,002 No 4 S Direct
Common Stock Disposition 2018-02-21 1,955 $242.57 51,047 No 4 S Direct
Common Stock Disposition 2018-02-21 1,700 $243.51 49,347 No 4 S Direct
Common Stock Disposition 2018-02-21 100 $244.27 49,247 No 4 S Direct
Common Stock Disposition 2018-02-21 900 $246.30 48,347 No 4 S Direct
Common Stock Disposition 2018-02-21 2,659 $247.22 45,688 No 4 S Direct
Common Stock Disposition 2018-02-21 224 $248.07 45,464 No 4 S Direct
Common Stock Disposition 2018-02-21 800 $249.30 44,664 No 4 S Direct
Common Stock Disposition 2018-02-21 1,781 $250.22 42,883 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 F Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Restricted Stock Unit-1 Disposition 2018-02-20 625 $0.00 625 $0.00
Common Stock Restricted Stock Unit-2 Disposition 2018-02-20 750 $0.00 750 $0.00
Common Stock Restricted Stock Unit-3 Disposition 2018-02-20 1,000 $0.00 1,000 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
6,875 No 4 M Direct
11,250 No 4 M Direct
19,000 No 4 M Direct
Footnotes
  1. Each restricted stock unit represents a contingent right to receive one share of Arista Networks, Inc. Common Stock upon vesting.
  2. Represents shares withheld to satisfy tax withholding obligations on the vesting of restricted stock units.
  3. The sales reported on this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 13, 2017.
  4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $238.57 to $239.36, 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.
  5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $239.61 to $240.50, 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.
  6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $241.00 to $241.88, 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.
  7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $242.03 to $243.00, 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.
  8. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $243.20 to $243.90, 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.
  9. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $245.62 to $246.59, 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.
  10. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $246.79 to $247.66, 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.
  11. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $247.89 to $248.09, 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.
  12. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $249.01 to $249.70, 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.
  13. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $250.22 to $250.27, 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.
  14. Six and one-quarter percent (6.25%) of the 10,000 restricted stock units awarded vested on February 20, 2017 and six and one-quarter percent (6.25%) of the award will continue to vest 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 and November 20 of each year.
  15. Five percent (5%) of the 15,000 restricted stock units awarded vested on February 20, 2017 and five percent (5%) of the award will continue to vest 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.
  16. Five percent (5%) of the 20,000 restricted stock units awarded will vest on February 20, 2018 and five percent (5%) of the award will continue to vest 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.