SEC Form 4 · accession 0001596532-15-000230
Arista Networks, Inc. · ANET
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jayshree Ullal
Officer — President and CEO · Director · Other
Period of report
Dec 10, 2015
Accepted (ET)
Dec 14, 2015 · 9:56 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001596532
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2,F3 | Dec 10, 2015 | S | 5,750 | $70.3105 | D | 1,250,300 | I | By Trust for Child 1 |
| Common StockF4,F3 | Dec 10, 2015 | S | 300 | $71.2167 | D | 1,250,000 | I | By Trust for Child 1 |
| Common StockF2,F3 | Dec 10, 2015 | S | 5,750 | $70.3105 | D | 1,250,300 | I | By Trust for Child 2 |
| Common StockF4,F3 | Dec 10, 2015 | S | 300 | $71.2167 | D | 1,250,000 | I | By Trust for Child 2 |
| Common StockF5,F6 | Dec 11, 2015 | S | 1,210 | $69.5789 | D | 50,000 | I | By Trust for Nephew |
| Common StockF5,F6 | Dec 11, 2015 | S | 1,210 | $69.5789 | D | 50,000 | I | By Trust for Niece |
| Common StockF7 | holding | — | — | — | 3,762,664 | I | by Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The sale reported on this Form 4 was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 12, 2014.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $69.85 to $70.7440, 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.
- F3These shares are held in a 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.
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $70.8900 to $71.7000, 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.
- F5The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $69.385 to $69.80, 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.
- F6These 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.
- F7These shares are held by a family trust for which the reporting person is a trustee.