SEC Form 4 · accession 0001596532-17-000099
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
May 10, 2017
Accepted (ET)
May 12, 2017 · 9:38 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 StockF2,F3 | May 10, 2017 | S | 9,321 | $144.4347 | D | 990,679 | I | By Trust for Child 1 |
| Common StockF4,F3 | May 10, 2017 | S | 10,198 | $145.3426 | D | 980,481 | I | By Trust for Child 1 |
| Common StockF5,F3 | May 10, 2017 | S | 625 | $145.8494 | D | 979,856 | I | By Trust for Child 1 |
| Common StockF6,F3 | May 11, 2017 | S | 4,075 | $144.8714 | D | 975,781 | I | By Trust for Child 1 |
| Common StockF7,F3 | May 11, 2017 | S | 10,480 | $145.664 | D | 965,301 | I | By Trust for Child 1 |
| Common StockF8,F3 | May 11, 2017 | S | 475 | $146.2942 | D | 964,826 | I | By Trust for Child 1 |
| Common StockF2,F3 | May 10, 2017 | S | 9,321 | $144.4347 | D | 990,679 | I | By Trust for Child 2 |
| Common StockF4,F3 | May 10, 2017 | S | 10,198 | $145.3426 | D | 980,481 | I | By Trust for Child 2 |
| Common StockF5,F3 | May 10, 2017 | S | 625 | $145.8494 | D | 979,856 | I | By Trust for Child 2 |
| Common StockF6,F3 | May 11, 2017 | S | 4,075 | $144.8714 | D | 975,781 | I | By Trust for Child 2 |
| Common StockF7,F3 | May 11, 2017 | S | 10,480 | $145.664 | D | 965,301 | I | By Trust for Child 2 |
| Common StockF8,F3 | May 11, 2017 | S | 475 | $146.2942 | D | 964,826 | I | By Trust for Child 2 |
| Common StockF2,F9 | May 10, 2017 | S | 746 | $144.4347 | D | 24,254 | I | By Trust for Nephew |
| Common StockF4,F9 | May 10, 2017 | S | 816 | $145.3426 | D | 23,438 | I | By Trust for Nephew |
| Common StockF5,F9 | May 10, 2017 | S | 50 | $145.8494 | D | 23,388 | I | By Trust for Nephew |
| Common StockF6,F9 | May 11, 2017 | S | 326 | $144.8714 | D | 23,062 | I | By Trust for Nephew |
| Common StockF7,F9 | May 11, 2017 | S | 838 | $145.664 | D | 22,224 | I | By Trust for Nephew |
| Common StockF8,F9 | May 11, 2017 | S | 38 | $146.2942 | D | 22,186 | I | By Trust for Nephew |
| Common StockF2,F9 | May 10, 2017 | S | 746 | $144.4347 | D | 24,254 | I | By Trust for Niece |
| Common StockF4,F9 | May 10, 2017 | S | 816 | $145.3426 | D | 23,438 | I | By Trust for Niece |
| Common StockF5,F9 | May 10, 2017 | S | 50 | $145.8494 | D | 23,388 | I | By Trust for Niece |
| Common StockF6,F9 | May 11, 2017 | S | 326 | $144.8714 | D | 23,062 | I | By Trust for Niece |
| Common StockF7,F9 | May 11, 2017 | S | 838 | $145.664 | D | 22,224 | I | By Trust for Niece |
| Common StockF8,F9 | May 11, 2017 | S | 38 | $146.2942 | D | 22,186 | I | By Trust for Niece |
| Common StockF2,F10 | May 10, 2017 | S | 17,150 | $144.4347 | D | 2,995,414 | I | by Trust |
| Common StockF4,F10 | May 10, 2017 | S | 18,765 | $145.3426 | D | 2,976,649 | I | by Trust |
| Common StockF5,F10 | May 10, 2017 | S | 1,150 | $145.8494 | D | 2,975,499 | I | by Trust |
| Common StockF6,F10 | May 11, 2017 | S | 7,498 | $144.8714 | D | 2,968,001 | I | by Trust |
| Common StockF7,F10 | May 11, 2017 | S | 19,283 | $145.664 | D | 2,948,718 | I | by Trust |
| Common StockF8,F10 | May 11, 2017 | S | 874 | $146.2942 | D | 2,947,844 | 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 March 14, 2017.
- F10These shares are held by a family trust for which the reporting person is a trustee.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $143.8100 to $144.8000, 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 $144.8100 to $145.8000, 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 $145.8100 to $145.9100, 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.
- F6The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $144.2600 to $145.2510, 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.
- F7The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $145.2600 to $146.2500, 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.
- F8The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $146.26 to $146.34, 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.
- F9These 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.