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Filing Details

Accession Number:: 0001596532-20-000028
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2020-02-21 19:55:32
Reporting Period:: 2020-02-19

Accepted Time:: 2020-02-21 19:55:32
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
1605808	Kenneth Duda	5453 Great America Parkway Santa Clara CA 95054	Cto And Svp Software Eng.	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2020-02-20	625	$0.00	4,612	No	4	M	Direct
Common Stock	Acquisiton	2020-02-20	1,000	$0.00	5,612	No	4	M	Direct
Common Stock	Acquisiton	2020-02-20	375	$0.00	5,987	No	4	M	Direct
Common Stock	Disposition	2020-02-20	693	$228.28	5,294	No	4	F	Direct
Common Stock	Disposition	2020-02-19	7,469	$225.40	146,475	No	4	S	Indirect	By GRAT JD
Common Stock	Disposition	2020-02-19	2,531	$226.27	143,944	No	4	S	Indirect	By GRAT JD
Common Stock	Disposition	2020-02-19	7,550	$225.42	146,394	No	4	S	Indirect	By GRAT KD
Common Stock	Disposition	2020-02-19	2,450	$226.25	143,944	No	4	S	Indirect	By GRAT KD

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	Indirect	By GRAT JD
No	4	S	Indirect	By GRAT JD
No	4	S	Indirect	By GRAT KD
No	4	S	Indirect	By GRAT KD

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Restricted Stock Unit-1	Disposition	2020-02-20	625	$0.00	625	$0.00
Common Stock	Restricted Stock Unit-2	Disposition	2020-02-20	1,000	$0.00	1,000	$0.00
Common Stock	Restricted Stock Unit-3	Disposition	2020-02-20	375	$0.00	375	$0.00

Remaning Holdings	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
1,875	No	4	M	Direct
11,000	No	4	M	Direct
4,500	No	4	M	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	60,142	Indirect	By Childrens' Trust
Common Stock	2,575	Indirect	By Foundation
Common Stock	486,457	Indirect	by Trust

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 sale of shares was effected pursuant to a Rule 10b5-1 trading plan entered into by the reporting person's spouses GRAT on December 12, 2019.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $225.00 to $225.98 inclusive. The reporting person undertakes to provide 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.
Reporting person's spouse is the trustee of the Jennifer Duda Annuity Trusts.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $226.02 to $226.60 inclusive. The reporting person undertakes to provide 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 sale of shares was effected pursuant to a Rule 10b5-1 trading plan entered into by the reporting person's GRAT on December 12, 2019.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $225.00 to $225.97 inclusive. The reporting person undertakes to provide 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.
Reporting person is the trustee of the Kenneth Duda Annuity Trusts.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $226.00 to $226.85 inclusive. The reporting person undertakes to provide 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.
These shares are held in multiple trusts 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.
These shares are held by a 501(c) Foundation for which the reporting person and his spouse serve as co-trustee.
These shares are held by a family trust for which the reporting person is a trustee.
Six and one-quarter percent (6.25%) of the 10,000 restricted stock units awarded vested on February 20, 2017 and will continue to vest at a rate of six and one-quarter percent (6.25%) 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.
Six and one-quarter percent (6.25%) of the 6,000 restricted stock units awarded vested on May 20, 2019 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.