SEC Form 4 · accession 0001596532-17-000172

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

Jun 21, 2017

Accepted (ET)

Jun 23, 2017 · 7:28 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^F2,F3	Jun 21, 2017	S	10,263	$157.68	D	895,482	I	By Trust for Child 1
Common Stock^F4,F3	Jun 21, 2017	S	2,429	$158.4084	D	893,053	I	By Trust for Child 1
Common Stock^F5,F3	Jun 22, 2017	S	2,125	$157.6768	D	890,928	I	By Trust for Child 1
Common Stock^F6,F3	Jun 22, 2017	S	4,502	$158.8245	D	886,426	I	By Trust for Child 1
Common Stock^F7,F3	Jun 22, 2017	S	697	$159.1833	D	885,729	I	By Trust for Child 1
Common Stock^F2,F3	Jun 21, 2017	S	10,263	$157.68	D	895,482	I	By Trust for Child 2
Common Stock^F4,F3	Jun 21, 2017	S	2,429	$158.4084	D	893,053	I	By Trust for Child 2
Common Stock^F5,F3	Jun 22, 2017	S	2,125	$157.6768	D	890,928	I	By Trust for Child 2
Common Stock^F6,F3	Jun 22, 2017	S	4,502	$158.8245	D	886,426	I	By Trust for Child 2
Common Stock^F7,F3	Jun 22, 2017	S	697	$159.1833	D	885,729	I	By Trust for Child 2
Common Stock^F2,F8	Jun 21, 2017	S	821	$157.68	D	16,639	I	By Trust for Nephew
Common Stock^F4,F8	Jun 21, 2017	S	194	$158.4084	D	16,445	I	By Trust for Nephew
Common Stock^F5,F8	Jun 22, 2017	S	170	$157.6768	D	16,275	I	By Trust for Nephew
Common Stock^F6,F8	Jun 22, 2017	S	360	$158.8245	D	15,915	I	By Trust for Nephew
Common Stock^F7,F8	Jun 22, 2017	S	56	$159.1833	D	15,859	I	By Trust for Nephew
Common Stock^F2,F8	Jun 21, 2017	S	821	$157.68	D	16,639	I	By Trust for Niece
Common Stock^F4,F8	Jun 21, 2017	S	194	$158.4084	D	16,445	I	By Trust for Niece
Common Stock^F5,F8	Jun 22, 2017	S	170	$157.6768	D	16,275	I	By Trust for Niece
Common Stock^F6,F8	Jun 22, 2017	S	360	$158.8245	D	15,915	I	By Trust for Niece
Common Stock^F7,F8	Jun 22, 2017	S	56	$159.1833	D	15,859	I	By Trust for Niece
Common Stock^F2,F9	Jun 21, 2017	S	18,884	$157.68	D	2,820,247	I	by Trust
Common Stock^F4,F9	Jun 21, 2017	S	4,469	$158.4084	D	2,815,778	I	by Trust
Common Stock^F5,F9	Jun 22, 2017	S	3,910	$157.6768	D	2,811,868	I	by Trust
Common Stock^F6,F9	Jun 22, 2017	S	8,284	$158.8245	D	2,803,584	I	by Trust
Common Stock^F7,F9	Jun 22, 2017	S	1,283	$159.1833	D	2,802,301	I	by Trust
Common Stock	holding	—	—		—	2,576	D

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.
F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $158.90 to $159.794, 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 $159.91 to $160.82 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 $161.00 to $161.88 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 $161.91 to $162.88, 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 $159.11 to $159.381, 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.
F8These 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.
F9These shares are held by a family trust for which the reporting person is a trustee.