SEC Form 4 · accession 0001596532-17-000196
Arista Networks, Inc. · ANET
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Marc Taxay
Officer — SVP and General Counsel
Period of report
Aug 1, 2017
Accepted (ET)
Aug 2, 2017 · 6:53 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 | Aug 1, 2017 | M | 2,000 | $7.76 | A | 11,775 | D | |
| Common Stock | Aug 1, 2017 | S | 2,000 | $150.43 | D | 9,775 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F2 | $7.76 | Aug 1, 2017 | M | 2,000 | D | — | Mar 10, 2023 | Common Stock | 2,000 | 2,000 | D |
Explanation of responses
- F1The exercise and sale of shares was effected pursuant to a Rule 10b5-1 trading plan entered into by the reporting person on September 13, 2016.
- F21/4th of the 36,000 shares subject to the option shall vest and become exercisable on February 19, 2014 and 1/48th of the shares subject to the option shall vest each month thereafter, provided that the reporting person continues to be a service provider to the Issuer as of each vesting date.