Filing Details

Accession Number:
0001596532-18-000211
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-08-28 21:13:46
Reporting Period:
2018-08-24
Accepted Time:
2018-08-28 21:13:46
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
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2018-08-24 91 $313.16 2,306,564 No 4 S Indirect by Trust
Equity Swap Involved Form Type Code Nature of Ownership Explanation
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 2018-08-27 6,667 $0.00 6,667 $22.49
Common Stock Non-Qualified Stock Option (right to buy) Disposition 2018-08-27 33,333 $0.00 33,333 $56.24
Common Stock Non-Qualified Stock Option (right to buy) Disposition 2018-08-27 24,750 $0.00 24,750 $95.51
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
13,333 2024-01-12 No 4 M Direct
66,667 2026-02-12 No 4 M Direct
57,750 2027-02-05 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 5,000 Indirect By Trust for Nephew
Common Stock 5,000 Indirect By Trust for Niece
Footnotes
  1. The sales reported on this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 14, 2017.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $312.98 to $313.31, 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. These shares are held by a family trust for which the reporting person is a trustee.
  4. These shares are held in a trust for the benefit of a relative 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.
  5. 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.
  6. 1/60th of the 100,000 shares subject to the option vested on January 1, 2017 and 1/60th of the shares subject to the option shall continue to vest each month thereafter.
  7. The last date to exercise is 2/11/2026. The first date this grant is not exercisable is 2/12/2026.
  8. 1/5th of the 82,500 shares subject to the option vested on February 6, 2018 and 1/60th of the shares subject to the option shall vest monthly thereafter.