SEC Form 4 · accession 0001596532-18-000002
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
Jan 2, 2018
Accepted (ET)
Jan 3, 2018 · 6:27 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 Stock | Jan 2, 2018 | M | 1,333 | $22.49 | A | 13,460 | D | |
| Common Stock | Jan 2, 2018 | M | 333 | $30.67 | A | 13,793 | D | |
| Common Stock | Jan 2, 2018 | M | 334 | $68.34 | A | 14,127 | D | |
| Common Stock | Jan 2, 2018 | S | 2,000 | $235.58 | D | 12,127 | 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 | $22.49 | Jan 2, 2018 | M | 1,333 | D | — | Jan 12, 2024 | Common Stock | 1,333 | 4,667 | D |
| Non-Qualified Stock Option (right to buy)F2 | $30.67 | Jan 2, 2018 | M | 333 | D | — | Feb 10, 2024 | Common Stock | 333 | 4,667 | D |
| Non-Qualified Stock Option (right to buy)F3 | $68.34 | Jan 2, 2018 | M | 334 | D | — | Dec 15, 2024 | Common Stock | 334 | 9,666 | 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 12, 2017.
- F21/5th of the 10,000 shares subject to the option shall vest and become exercisable on May 1, 2016 and 1/60th of the shares subject to the option shall vest monthly thereafter.
- F31/5th of the 10,000 shares subject to the option shall vest and become exercisable on December 1, 2017 and 1/60th of the shares subject to the option shall vest monthly thereafter.