Filing Details
- Accession Number:
- 0001596532-18-000199
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2018-08-22 21:24:01
- Reporting Period:
- 2018-08-20
- Accepted Time:
- 2018-08-22 21:24:01
- 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 | Disposition | 2018-08-20 | 1,197 | $269.55 | 1,414 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2018-08-20 | 625 | $0.00 | 2,039 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2018-08-20 | 750 | $0.00 | 2,789 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2018-08-20 | 1,000 | $0.00 | 3,789 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2018-08-20 | 1,178 | $273.72 | 2,611 | No | 4 | F | Direct | |
| Common Stock | Disposition | 2018-08-21 | 800 | $275.27 | 1,811 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2018-08-21 | 397 | $276.38 | 1,414 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | F | 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 | 2018-08-20 | 625 | $0.00 | 625 | $0.00 |
| Common Stock | Restricted Stock Unit-2 | Disposition | 2018-08-20 | 750 | $0.00 | 750 | $0.00 |
| Common Stock | Restricted Stock Unit-3 | Disposition | 2018-08-20 | 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 |
|---|---|---|---|---|---|---|
| 5,625 | No | 4 | M | Direct | ||
| 9,750 | No | 4 | M | Direct | ||
| 17,000 | No | 4 | M | Direct |
Footnotes
- 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.
- 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $274.89 to $275.52, 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 $276.10 to $276.86, 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.
- 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.
- 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.
- Five percent (5%) of the 20,000 restricted stock units awarded vested 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.
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