Filing Details

Accession Number:
0001596532-24-000137
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-04-04 19:17:43
Reporting Period:
2024-04-02
Accepted Time:
2024-04-04 19:17:43
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 Acquisiton 2024-04-02 664 $61.05 18,345 No 4 M Direct
Common Stock Acquisiton 2024-04-02 836 $56.59 19,181 No 4 M Direct
Common Stock Disposition 2024-04-02 160 $285.04 19,021 No 4 S Direct
Common Stock Disposition 2024-04-02 160 $286.84 18,861 No 4 S Direct
Common Stock Disposition 2024-04-02 320 $288.28 18,541 No 4 S Direct
Common Stock Disposition 2024-04-02 654 $289.29 17,887 No 4 S Direct
Common Stock Disposition 2024-04-02 183 $290.84 17,704 No 4 S Direct
Common Stock Disposition 2024-04-02 23 $292.79 17,681 No 4 S Direct
Common Stock Disposition 2024-04-02 4,500 $291.70 1,638,300 No 4 S Indirect By Trust for Child 1
Common Stock Disposition 2024-04-02 4,500 $291.70 1,638,300 No 4 S Indirect By Trust for Child 2
Common Stock Disposition 2024-04-02 15,000 $291.70 6,489,492 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 Indirect By Trust for Child 1
No 4 S Indirect By Trust for Child 2
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 2024-04-02 836 $0.00 836 $56.59
Common Stock Non-Qualified Stock Option (right to buy) Disposition 2024-04-02 664 $0.00 664 $61.05
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
7,500 2029-02-07 No 4 M Direct
2,000 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
  1. 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.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $284.92 to $285.16, 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $286.52 to $287.15, 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 $287.75 to $288.73, 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 $288.85 to $289.79, 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $290.36 to $291.23, 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.
  7. 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.
  8. 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.
  9. These shares are held by a family trust for which the reporting person is co-trustee.
  10. 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.
  11. 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.
  12. 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.