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Filing Details

Accession Number:: 0001596532-20-000232
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2020-11-04 19:14:12
Reporting Period:: 2020-11-02

Accepted Time:: 2020-11-04 19:14:12
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

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Disposition	2020-11-03	3,713	$251.07	652,778	No	4	S	Indirect	By Trust for Child 2
Common Stock	Disposition	2020-11-03	1,200	$252.10	651,578	No	4	S	Indirect	By Trust for Child 2
Common Stock	Disposition	2020-11-03	643	$253.20	650,935	No	4	S	Indirect	By Trust for Child 2
Common Stock	Disposition	2020-11-03	664	$254.30	650,271	No	4	S	Indirect	By Trust for Child 2
Common Stock	Disposition	2020-11-03	221	$255.38	650,050	No	4	S	Indirect	By Trust for Child 2
Common Stock	Disposition	2020-11-03	1,579	$256.44	648,471	No	4	S	Indirect	By Trust for Child 2
Common Stock	Disposition	2020-11-03	695	$257.16	647,776	No	4	S	Indirect	By Trust for Child 2
Common Stock	Disposition	2020-11-03	442	$258.13	647,334	No	4	S	Indirect	By Trust for Child 2
Common Stock	Disposition	2020-11-03	111	$241.33	2,210,089	No	4	S	Indirect	by Trust
Common Stock	Disposition	2020-11-03	755	$244.79	2,209,334	No	4	S	Indirect	by Trust
Common Stock	Disposition	2020-11-03	1,073	$245.52	2,208,261	No	4	S	Indirect	by Trust
Common Stock	Disposition	2020-11-03	479	$246.62	2,207,782	No	4	S	Indirect	by Trust
Common Stock	Disposition	2020-11-03	369	$248.27	2,207,413	No	4	S	Indirect	by Trust
Common Stock	Disposition	2020-11-03	2,359	$249.14	2,205,054	No	4	S	Indirect	by Trust
Common Stock	Disposition	2020-11-03	8,474	$250.13	2,196,580	No	4	S	Indirect	by Trust
Common Stock	Disposition	2020-11-03	4,332	$251.07	2,192,248	No	4	S	Indirect	by Trust
Common Stock	Disposition	2020-11-03	1,400	$252.10	2,190,848	No	4	S	Indirect	by Trust
Common Stock	Disposition	2020-11-03	750	$253.20	2,190,098	No	4	S	Indirect	by Trust
Common Stock	Disposition	2020-11-03	774	$254.30	2,189,324	No	4	S	Indirect	by Trust
Common Stock	Disposition	2020-11-03	258	$255.38	2,189,066	No	4	S	Indirect	by Trust
Common Stock	Disposition	2020-11-03	1,842	$256.44	2,187,224	No	4	S	Indirect	by Trust
Common Stock	Disposition	2020-11-03	810	$257.16	2,186,414	No	4	S	Indirect	by Trust
Common Stock	Disposition	2020-11-03	516	$258.13	2,185,898	No	4	S	Indirect	by Trust

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	By Trust for Child 2
No	4	S	Indirect	By Trust for Child 2
No	4	S	Indirect	By Trust for Child 2
No	4	S	Indirect	By Trust for Child 2
No	4	S	Indirect	By Trust for Child 2
No	4	S	Indirect	By Trust for Child 2
No	4	S	Indirect	By Trust for Child 2
No	4	S	Indirect	By Trust for Child 2
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
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
No	4	S	Indirect	by Trust

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Non-Qualified Stock Option (right to buy)	Disposition	2020-11-02	334	$0.00	334	$22.49
Common Stock	Non-Qualified Stock Option (right to buy)	Disposition	2020-11-02	1,666	$0.00	1,666	$56.24

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
4,333		2024-01-12	No	4	M	Direct
21,667		2026-02-11	No	4	M	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	5,000	Indirect	By Trust for Nephew
Common Stock	5,000	Indirect	By Trust for Niece

Footnotes

The sale of shares was effected pursuant to a Rule 10b5-1 trading plan entered into by the reporting person for the benefit of the reporting person's children on June 11, 2020.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $250.70 to $251.685, 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.
These shares are held in 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.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $251.70 to $252.69, 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 $252.715 to $253.63, 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 $253.76 to $254.615, 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 $254.76 to $255.68, 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 $255.76 to $256.75, 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.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $256.76 to $257.735, 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 $257.80 to $258.67, 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 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 June 11, 2020.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $241.275 to $241.44, 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.
These shares are held by a family trust for which the reporting person is co-trustee.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $244.19 to $245.18, 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 $245.19 to $246.17, 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 $246.19 to $246.99, 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 $247.57 to $248.54, 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.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $248.675 to $249.67, 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 $249.675 to $250.66, 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.
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.
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.
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.