SEC Form 4 · accession 0001596532-16-000295
Arista Networks, Inc. · ANET
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Anshul Sadana
Officer — SVP, Customer Engineering
Period of report
Aug 15, 2016
Accepted (ET)
Aug 17, 2016 · 7:27 pm EDT
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 | Aug 15, 2016 | S | 1,200 | $76.2592 | D | 281,464 | D | |
| Common StockF4 | Aug 15, 2016 | S | 976 | $77.0177 | D | 280,488 | D | |
| Common StockF5 | Aug 15, 2016 | S | 2,824 | $78.0019 | D | 277,664 | D | |
| Common StockF6 | holding | — | — | — | 61,000 | I | by Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This sale of shares was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 11, 2014, as amended June 8, 2015.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $75.60 to $76.585, 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.
- F3Includes 329 shares acquired under the Arista Networks, Inc. 2014 Employee Stock Purchase Plan on August 15, 2016.
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $76.63 to $77.37, 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 $77.65 to $78.29, 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 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.