Filing Details

Accession Number:
0001596532-19-000073
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-03-19 20:59:54
Reporting Period:
2019-03-15
Accepted Time:
2019-03-19 20:59:54
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 2019-03-15 2,333 $22.49 2,283,897 No 4 M Indirect by Trust
Common Stock Acquisiton 2019-03-15 4,296 $56.24 2,288,193 No 4 M Indirect by Trust
Common Stock Disposition 2019-03-15 7,136 $298.41 2,281,057 No 4 S Indirect by Trust
Common Stock Disposition 2019-03-15 1,200 $299.29 2,279,857 No 4 S Indirect by Trust
Common Stock Acquisiton 2019-03-18 7,371 $56.24 2,287,228 No 4 M Indirect by Trust
Common Stock Acquisiton 2019-03-18 8,250 $95.51 2,295,478 No 4 M Indirect by Trust
Common Stock Disposition 2019-03-18 2,200 $298.46 2,293,278 No 4 S Indirect by Trust
Common Stock Disposition 2019-03-18 10,576 $299.49 2,282,702 No 4 S Indirect by Trust
Common Stock Disposition 2019-03-18 3,172 $300.35 2,279,530 No 4 S Indirect by Trust
Common Stock Disposition 2019-03-18 1,200 $301.59 2,278,330 No 4 S Indirect by Trust
Common Stock Disposition 2019-03-18 866 $302.56 2,277,464 No 4 S Indirect by Trust
Common Stock Disposition 2019-03-18 700 $303.81 2,276,764 No 4 S Indirect by Trust
Common Stock Disposition 2019-03-18 200 $304.53 2,276,564 No 4 S Indirect by Trust
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Indirect by Trust
No 4 M Indirect by Trust
No 4 S Indirect by Trust
No 4 S Indirect by Trust
No 4 M Indirect by Trust
No 4 M Indirect by Trust
No 4 S Indirect by Trust
No 4 S Indirect by Trust
No 4 S Indirect by Trust
No 4 S Indirect by Trust
No 4 S Indirect by Trust
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 Non-Qualified Stock Option (right to buy) Disposition 2019-03-15 2,333 $0.00 2,333 $22.49
Common Stock Non-Qualified Stock Option (right to buy) Disposition 2019-03-15 4,296 $0.00 4,296 $56.24
Common Stock Non-Qualified Stock Option (right to buy) Disposition 2019-03-18 7,371 $0.00 7,371 $56.24
Common Stock Non-Qualified Stock Option (right to buy) Disposition 2019-03-18 8,250 $0.00 8,250 $95.51
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
11,000 2024-01-12 No 4 M Direct
62,371 2026-02-11 No 4 M Direct
55,000 2026-02-11 No 4 M Direct
49,500 2027-02-05 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 10,425 Direct
Common Stock 701,000 Indirect By Trust for Child 1
Common Stock 701,000 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. The exercises and/or sales reported on this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 14, 2018.
  2. These shares are held by a family trust for which the reporting person is a trustee.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $297.985 to $298.95, 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.
  4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $299.01 to $299.54, 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 $297.98 to $298.95, 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 $298.99 to $299.97, 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 $300.02 to $301.00, 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 $301.22 to $302.13, 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 $302.23 to $302.75, 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 $303.40 to $304.02, 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 $304.46 to $304.60, 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. 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.
  13. 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.
  14. 1/5th of the 20,000 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.
  15. 1/60th of the 100,000 shares subject to the option vested on January 1, 2017 and 1/60th of the shares subject to the option shall vest monthly thereafter.
  16. 1/5th of the 82,500 shares subject to the option vested on February 6, 2018 and 1/60th of the shares subject to the option shall vest monthly thereafter.