Filing Details

Accession Number:
0001596532-18-000042
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-02-22 20:29:56
Reporting Period:
2018-02-20
Accepted Time:
2018-02-22 20:29:56
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
1605809 Jayshree Ullal 5453 Great America Parkway
Santa Clara CA 95054
President And Ceo Yes 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 2,062 $0.00 6,613 No 4 M Direct
Common Stock Disposition 2018-02-20 713 $249.65 5,900 No 4 F Direct
Common Stock Disposition 2018-02-21 500 $247.50 2,342,064 No 4 S Indirect by Trust
Common Stock Disposition 2018-02-21 300 $249.47 2,341,764 No 4 S Indirect by Trust
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 F Direct
No 4 S Indirect by Trust
No 4 S Indirect by Trust
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 2,062 $0.00 2,062 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
30,938 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 715,000 Indirect By Trust for Child 1
Common Stock 715,000 Indirect By Trust for Child 2
Common Stock 5,000 Indirect By Trust for Nephew
Common Stock 5,000 Indirect By Trust for Niece
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 14, 2017.
  4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $247.17 to $248.05, 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. These shares are held by a family trust for which the reporting person is a trustee.
  6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $249.32 to $249.59, 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.
  7. These shares are held in a trust for the benefit of the children of the reporting person for which the reporting person serves as trustee. The reporting person shares voting and investment control over the shares but disclaims beneficial ownership of the shares.
  8. These shares are held in a trust for the benefit of a relative of the reporting person for which the reporting person serves as co-trustee. The reporting person shares voting and investment control over the shares but disclaims beneficial ownership of the shares.
  9. Five percent (5%) of the 41,250 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.