Filing Details
- Accession Number:
- 0001596532-20-000183
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-08-24 19:53:15
- Reporting Period:
- 2020-08-20
- Accepted Time:
- 2020-08-24 19:53:15
- 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 |
|---|---|---|---|---|---|---|---|
| 1605860 | Nikos Theodosopoulos | 5453 Great America Parkway Santa Clara CA 95054 | Yes | No | 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 | 2020-08-20 | 262 | $0.00 | 4,512 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2020-08-21 | 1,250 | $34.12 | 5,762 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2020-08-21 | 700 | $220.03 | 5,062 | No | 4 | S | Direct | |
| Common Stock | Disposition | 2020-08-21 | 550 | $221.92 | 4,512 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | M | 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 | Non-Qualified Stock Option (right to buy) | Disposition | 2020-08-21 | 1,250 | $0.00 | 1,250 | $34.12 |
| Common Stock | Restricted Stock Unit-2 | Disposition | 2020-08-20 | 262 | $0.00 | 262 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 18,750 | 2024-03-27 | No | 4 | M | Direct | |
| 784 | No | 4 | M | Direct |
Footnotes
- Each restricted stock unit represents a contingent right to receive one share of Arista Networks, Inc. Common Stock upon vesting.
- The exercise and sales reported on this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 27, 2019.
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from 219.62 to 220.55, 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 221.52 to 222.35, 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.
- 1/60th of the 25,000 shares subject to the option vest monthly from Vest Base Date over five years.
- The reporting person was granted 1,046 RSU's on May 27, 2020. 1/4th of the shares vested on August 20, 2020 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.
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