SEC Form 4 · accession 0001596532-16-000343
Arista Networks, Inc. · ANET
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jayshree Ullal
Officer — President and CEO · Director
Period of report
Nov 14, 2016
Accepted (ET)
Nov 16, 2016 · 5:41 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 | Nov 14, 2016 | S | 23,616 | $87.893 | D | 1,184,717 | I | By Trust for Child 1 |
| Common StockF4,F3 | Nov 15, 2016 | S | 50,667 | $88.007 | D | 1,134,050 | I | By Trust for Child 1 |
| Common StockF2,F3 | Nov 14, 2016 | S | 23,616 | $87.893 | D | 1,184,717 | I | By Trust for Child 2 |
| Common StockF4,F3 | Nov 15, 2016 | S | 50,667 | $88.007 | D | 1,134,050 | I | By Trust for Child 2 |
| Common StockF2,F5 | Nov 14, 2016 | S | 2,358 | $87.893 | D | 43,475 | I | By Trust for Nephew |
| Common StockF4,F5 | Nov 15, 2016 | S | 5,059 | $88.007 | D | 38,416 | I | By Trust for Nephew |
| Common StockF2,F5 | Nov 14, 2016 | S | 2,358 | $87.893 | D | 43,475 | I | By Trust for Niece |
| Common StockF4,F5 | Nov 15, 2016 | S | 5,059 | $88.007 | D | 38,416 | I | By Trust for Niece |
| Common StockF2,F6 | Nov 14, 2016 | S | 70,862 | $87.893 | D | 3,566,702 | I | by Trust |
| Common StockF4,F6 | Nov 15, 2016 | S | 152,029 | $88.007 | D | 3,414,673 | I | by Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The sales reported on this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on September 14, 2015.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $87.87 to $88.24, 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 $87.87 to 88.84, 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.
- F5These 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.
- F6These shares are held by a family trust for which the reporting person is a trustee.