Filing Details

Accession Number:
0001596532-20-000237
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-11-05 20:13:38
Reporting Period:
2020-11-03
Accepted Time:
2020-11-05 20:13:38
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1596532 Arista Networks Inc. ANET () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1494211 M Ita Brennan 5453 Great America Parkway
Santa Clara CA 95054
Senior Vice President, Cfo 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 Acquisiton 2020-11-03 6,000 $84.97 16,022 No 4 M Direct
Common Stock Acquisiton 2020-11-03 4,000 $56.24 20,022 No 4 M Direct
Common Stock Disposition 2020-11-03 1,430 $250.41 18,592 No 4 S Direct
Common Stock Disposition 2020-11-03 8,570 $251.61 10,022 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 2020-11-03 4,000 $0.00 4,000 $56.24
Common Stock Non-Qualified Stock Option (right to buy) Disposition 2020-11-03 6,000 $0.00 6,000 $84.97
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
16,000 2026-02-12 No 4 M Direct
9,000 2025-06-15 No 4 M Direct
Footnotes
  1. The sale of shares was effected pursuant to a Rule 10b5-1 trading plan entered into by the reporting person on June 11, 2020.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $250.32 to $251.19, 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.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $251.32 to $252.22, 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. 1/5th of the shares subject to the option vested on April 1, 2017 and 1/60th of the shares subject to the option shall vest each month thereafter provided that the reporting person continues to be a service provider to the Issuer as of each vest date.
  5. 1/5th of the 25,000 shares subject to the option vested and became exercisable on the May 18, 2016 and 1/60th of the shares subject to the option shall vest monthly thereafter.