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Filing Details

Accession Number:: 0001596532-24-000109
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2024-03-19 19:08:55
Reporting Period:: 2024-03-15

Accepted Time:: 2024-03-19 19:08:55
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	Acquisiton	2024-03-15	1,336	$61.05	103,435	No	4	M	Direct
Common Stock	Acquisiton	2024-03-15	1,664	$56.59	105,099	No	4	M	Direct
Common Stock	Disposition	2024-03-15	478	$277.20	104,621	No	4	S	Direct
Common Stock	Disposition	2024-03-15	1,065	$278.39	103,556	No	4	S	Direct
Common Stock	Disposition	2024-03-15	942	$279.48	102,614	No	4	S	Direct
Common Stock	Disposition	2024-03-15	415	$280.20	102,199	No	4	S	Direct
Common Stock	Disposition	2024-03-15	100	$281.32	102,099	No	4	S	Direct
Common Stock	Disposition	2024-03-15	6,923	$277.03	95,176	No	4	S	Direct
Common Stock	Disposition	2024-03-15	25,917	$277.92	69,259	No	4	S	Direct
Common Stock	Disposition	2024-03-15	25,718	$278.94	43,541	No	4	S	Direct
Common Stock	Disposition	2024-03-15	24,110	$279.95	19,431	No	4	S	Direct
Common Stock	Disposition	2024-03-15	1,750	$281.09	17,681	No	4	S	Direct
Common Stock	Disposition	2024-03-15	4,200	$279.66	1,687,800	No	4	S	Indirect	By Trust for Child 1
Common Stock	Disposition	2024-03-15	4,200	$279.66	1,687,800	No	4	S	Indirect	By Trust for Child 2
Common Stock	Disposition	2024-03-15	10,000	$279.66	6,633,992	No	4	S	Indirect	by Trust

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
No	4	S	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
No	4	S	Direct
No	4	S	Indirect	By Trust for Child 1
No	4	S	Indirect	By Trust for Child 2
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	2024-03-15	1,664	$0.00	1,664	$56.59
Common Stock	Non-Qualified Stock Option (right to buy)	Disposition	2024-03-15	1,336	$0.00	1,336	$61.05

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
8,336		2029-02-07	No	4	M	Direct
2,664		2028-04-12	No	4	M	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	12,000	Indirect	By Trust for Nephew
Common Stock	12,000	Indirect	By Trust for Niece

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 December 13, 2023.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $276.82 to $277.65, 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 $277.94 to $278.87, 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 $278.96 to $279.93, 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 $280.08 to $280.26, 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 $276.44 to $277.435, 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 $277.44 to $278.43, 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 $278.44 to $279.43, 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 $279.44 to $280.43, 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 $280.49 to $281.37, 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 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 relatives on December 13, 2023.
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 by a family trust for which the reporting person is co-trustee.
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.
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.