Filing Details

Accession Number:
0001596532-17-000025
Form Type:
4
Zero Holdings:
No
Publication Time:
2017-02-17 20:55:09
Reporting Period:
2017-02-15
Filing Date:
2017-02-17
Accepted Time:
2017-02-17 20:55:09
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
1546946 Stephen Mark Smith 5453 Great America Parkway
Santa Clara CA 95054
No No No Yes
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 2017-02-15 5,000 $4.18 68,100 No 4 M Indirect by Trust
Common Stock Disposition 2017-02-15 3,752 $100.43 64,348 No 4 S Indirect by Trust
Common Stock Disposition 2017-02-15 1,248 $101.02 63,100 No 4 S Indirect by Trust
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Indirect by Trust
No 4 S Indirect by Trust
No 4 S Indirect by Trust
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 2017-02-15 5,000 $0.00 5,000 $4.18
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
75,000 2022-12-26 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 1,620 Direct
Footnotes
  1. The exercise and sale of shares was effected pursuant to a Rule 10b5-1 trading plan entered into by the reporting person on March 11, 2016, and amended on June 2, 2016.
  2. These shares are held by a family trust for which the reporting person is a co-trustee.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $99.79 to $100.78, 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $100.79 to $101.25, 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.
  5. 1/5th of the 300,000 shares subject to the option shall vest and become exercisable on December 3, 2013 and 1/60th of the shares subject to the option shall vest each month thereafter.
  6. Number of shares beneficially owned reflects the cancellation of 50,000 non-qualified stock options due to termination of reporting officer.