SEC Form 4 · accession 0001596532-16-000307

Arista Networks, Inc. · ANET

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — SVP and General Counsel

Period of report

Aug 22, 2016

Accepted (ET)

Aug 24, 2016 · 8:38 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 Stock^F1,F2	Aug 22, 2016	M	2,100	$0.00	A	6,863	D
Common Stock^F3	Aug 22, 2016	F	788	$77.48	D	6,075	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Unit^F5,F1,F4	$0.00	Aug 22, 2016	M	2,100	D	—	—	Common Stock	2,100	31,300	D

F1Each restricted stock unit represents a contingent right to receive one share of Arista Networks, Inc. Common Stock upon vesting.
F2Includes 175 shares acquired under the Arista Networks, Inc. 2014 Employee Share Purchase Plan on August 15, 2016.
F3Represents shares withheld to satisfy tax withholding obligations on the vesting of restricted stock units.
F4The reporting person was granted 24,000 and 12,000 restricted stock units as reported on the Form 3 dated April 25, 2016. Twenty-five percent (25%) and five percent (5%), respectively, vested on May 20, 2016 and will continue to vest every quarter at a rate of six and one quarter percent (6.25%) and five percent (5%) of shares granted, on each quarterly vesting 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.
F5Represents units remaining from three RSU awards granted to the reporting person on April 21, 2015 (16,500), February 12, 2016 (4,000), and April 8, 2016 (10,800).