Filing Details

Accession Number:
0001596532-20-000096
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-05-22 18:37:29
Reporting Period:
2020-05-20
Accepted Time:
2020-05-22 18:37:29
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
1605860 Nikos Theodosopoulos 5453 Great America Parkway
Santa Clara CA 95054
Yes No 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 2020-05-20 437 $0.00 4,360 No 4 M Direct
Common Stock Acquisiton 2020-05-21 1,250 $34.12 5,610 No 4 M Direct
Common Stock Disposition 2020-05-21 536 $223.51 5,074 No 4 S Direct
Common Stock Disposition 2020-05-21 556 $224.83 4,518 No 4 S Direct
Common Stock Disposition 2020-05-21 268 $225.80 4,250 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 S 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 2020-05-21 1,250 $0.00 1,250 $34.12
Common Stock Restricted Stock Unit-1 Disposition 2020-05-20 437 $0.00 437 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
20,000 2024-03-27 No 4 M Direct
0 No 4 M Direct
Footnotes
  1. Each restricted stock unit represents a contingent right to receive one share of Arista Networks, Inc. Common Stock upon vesting.
  2. 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 May 27, 2019.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $223.00 to $223.96, 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 $224.39 to $225.33, 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $225.67 to $225.95, 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.
  6. 1/60th of the 25,000 shares subject to the option vest monthly from Vest Base Date over five years
  7. 1/12th of the 5,240 restricted stock units awarded vested on August 20, 2017 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, or November 20 of each year.