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Filing Details

Accession Number:: 0001596532-22-000230
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2022-08-10 19:11:07
Reporting Period:: 2022-08-08

Accepted Time:: 2022-08-10 19:11:07
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

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2022-08-08	5,332	$5.62	88,975	No	4	M	Direct
Common Stock	Acquisiton	2022-08-08	26,668	$14.06	115,643	No	4	M	Direct
Common Stock	Acquisiton	2022-08-08	38,500	$23.88	154,143	No	4	M	Direct
Common Stock	Acquisiton	2022-08-08	8,000	$61.05	162,143	No	4	M	Direct
Common Stock	Acquisiton	2022-08-08	10,000	$56.59	172,143	No	4	M	Direct
Common Stock	Disposition	2022-08-08	71,054	$124.03	101,089	No	4	S	Direct
Common Stock	Disposition	2022-08-08	92,946	$124.85	8,143	No	4	S	Direct
Common Stock	Disposition	2022-08-08	1,832	$125.55	6,311	No	4	S	Direct
Common Stock	Disposition	2022-08-09	2,061	$121.31	4,250	No	4	S	Direct
Common Stock	Disposition	2022-08-09	1,183	$122.31	3,067	No	4	S	Direct
Common Stock	Disposition	2022-08-09	435	$123.65	2,632	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	M	Direct
No	4	M	Direct
No	4	M	Direct
No	4	M	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct

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	2022-08-08	5,332	$0.00	5,332	$5.62
Common Stock	Non-Qualified Stock Option (right to buy)	Disposition	2022-08-08	26,668	$0.00	26,668	$14.06
Common Stock	Non-Qualified Stock Option (right to buy)	Disposition	2022-08-08	38,500	$0.00	38,500	$23.88
Common Stock	Non-Qualified Stock Option (right to buy)	Disposition	2022-08-08	10,000	$0.00	10,000	$56.59
Common Stock	Non-Qualified Stock Option (right to buy)	Disposition	2022-08-08	8,000	$0.00	8,000	$61.05

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	2024-01-12	No	4	M	Direct
0	2026-02-11	No	4	M	Direct
0	2027-02-05	No	4	M	Direct
22,500	2029-02-07	No	4	M	Direct
14,000	2028-04-12	No	4	M	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	1,783,200	Indirect	By Trust for Child 1
Common Stock	1,783,200	Indirect	By Trust for Child 2
Common Stock	12,000	Indirect	By Trust for Nephew
Common Stock	12,000	Indirect	By Trust for Niece
Common Stock	6,931,992	Indirect	by Trust

Footnotes

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 13, 2021.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $123.47 to $124.46, 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 $124.47 to $125.46, 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 $125.48 to $125.73, 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 $120.92 to $121.89, 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 $121.93 to $122.80, 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 $123.07 to $124.03, 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.
These shares are held in trust for the benefit of relatives 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.
These shares are held by a family trust for which the reporting person is co-trustee.
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 shares subject to the option vested on January 1, 2017 and 1/60th of the shares subject to the option shall vest monthly thereafter.
1/5th of the shares subject to the option vested on February 6, 2018 and 1/60th of the shares subject to the option shall vest monthly thereafter.
1/48th of the shares subject to the option vested on December 1, 2020 and 1/48th of the shares subject to the option shall continue to vest each month thereafter.
1/48th of the shares subject to the option vested on June 1, 2020 and 1/48th of the shares subject to the option shall vest monthly thereafter.