Filing Details
- Accession Number:
- 0001596532-18-000070
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2018-03-13 20:58:53
- Reporting Period:
- 2018-03-09
- Accepted Time:
- 2018-03-13 20:58:53
- 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 |
|---|---|---|---|---|---|---|---|
| 1605807 | Anshul Sadana | 5453 Great America Parkway Santa Clara CA 95054 | Chief Customer Officer | 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 | 2018-03-09 | 2,639 | $7.76 | 4,053 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2018-03-09 | 4,667 | $64.46 | 8,720 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2018-03-09 | 7,306 | $298.00 | 1,414 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2018-03-12 | 10,299 | $7.76 | 11,713 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2018-03-12 | 6,000 | $22.49 | 17,713 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2018-03-12 | 12,500 | $68.34 | 30,213 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2018-03-12 | 333 | $64.46 | 30,546 | No | 4 | M | Direct | |
| Common Stock | Acquisiton | 2018-03-12 | 5,000 | $56.24 | 35,546 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2018-03-12 | 34,132 | $298.00 | 1,414 | 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 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | Direct | |
| No | 4 | M | 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 | 2018-03-09 | 2,639 | $0.00 | 2,639 | $7.76 |
| Common Stock | Non-Qualified Stock Option (right to buy) | Disposition | 2018-03-12 | 10,299 | $0.00 | 10,299 | $7.76 |
| Common Stock | Non-Qualified Stock Option (right to buy) | Disposition | 2018-03-12 | 6,000 | $0.00 | 6,000 | $22.49 |
| Common Stock | Non-Qualified Stock Option (right to buy) | Disposition | 2018-03-12 | 5,000 | $0.00 | 5,000 | $56.24 |
| Common Stock | Non-Qualified Stock Option (right to buy) | Disposition | 2018-03-09 | 4,667 | $0.00 | 4,667 | $64.46 |
| Common Stock | Non-Qualified Stock Option (right to buy) | Disposition | 2018-03-12 | 333 | $0.00 | 333 | $64.46 |
| Common Stock | Non-Qualified Stock Option (right to buy) | Disposition | 2018-03-12 | 12,500 | $0.00 | 12,500 | $68.34 |
| Common Stock | Restricted Stock Unit-4 | Acquisiton | 2018-03-09 | 7,000 | $0.00 | 7,000 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 20,361 | 2023-04-18 | No | 4 | M | Direct | |
| 10,062 | 2023-04-18 | No | 4 | M | Direct | |
| 18,000 | 2024-01-12 | No | 4 | M | Direct | |
| 20,000 | 2026-02-11 | No | 4 | M | Direct | |
| 15,333 | 2025-09-10 | No | 4 | M | Direct | |
| 15,000 | 2025-09-10 | No | 4 | M | Direct | |
| 37,500 | 2024-12-15 | No | 4 | M | Direct | |
| 7,000 | No | 4 | A | Direct |
Footnotes
- The exercise and sales reported on this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 13, 2017.
- 1/4th of the 23,000 shares subject to the option shall vest and become exercisable on December 1, 2016 and 1/48th of the shares subject to the option shall vest monthly thereafter.
- 1/5th of the 24,000 shares subject to the option shall vest and become exercisable on December 1, 2017 and 1/60th of the shares subject to the option shall vest monthly thereafter.
- 1/60th of the 25,000 shares subject to the option shall vest and become exercisable on April 1, 2017 and 1/60th of the shares subject to the option shall vest monthly thereafter.
- 1/5th of the 20,000 shares subject to the option shall vest and become exercisable on December 1, 2017 and 1/60th of the shares subject to the option shall vest monthly thereafter.
- 1/5th of the 50,000 shares subject to the option shall vest and become exercisable on December 1, 2017 and 1/60th of the shares subject to the option shall vest monthly thereafter.
- Each restricted stock unit represents a contingent right to receive one share of Arista Networks, Inc. Common Stock upon vesting.
- Six and one-quarter percent (6.25%) of the restricted stock units awarded will vest on May 20, 2019 and will continue to vest at the same rate on each quarterly vest date thereafter. A quarterly vest date is the first market trading day on or after February 20, May 20, August 20, and November 20 of each year.
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