SEC Form 4 · accession 0001596532-18-000044
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
Feb 23, 2018
Accepted (ET)
Feb 27, 2018 · 5:29 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 | Feb 23, 2018 | S | 300 | $247.4733 | D | 2,341,464 | I | by Trust |
| Common StockF3 | Feb 23, 2018 | S | 100 | $248.68 | D | 2,341,364 | I | by Trust |
| Common StockF4,F3 | Feb 26, 2018 | S | 800 | $248.2313 | D | 2,340,564 | I | by Trust |
| Common StockF5,F3 | Feb 26, 2018 | S | 450 | $249.30 | D | 2,340,114 | I | by Trust |
| Common StockF6,F3 | Feb 26, 2018 | S | 1,101 | $250.3959 | D | 2,339,013 | I | by Trust |
| Common StockF7,F3 | Feb 26, 2018 | S | 250 | $251.042 | D | 2,338,763 | I | by Trust |
| Common StockF8,F3 | Feb 26, 2018 | S | 200 | $252.535 | D | 2,338,563 | I | by Trust |
| Common StockF9,F3 | Feb 26, 2018 | S | 238 | $254.3151 | D | 2,338,325 | I | by Trust |
| Common StockF3 | Feb 26, 2018 | S | 100 | $256.00 | D | 2,338,225 | I | by Trust |
| Common StockF10,F3 | Feb 26, 2018 | S | 1,236 | $258.0443 | D | 2,336,989 | I | by Trust |
| Common StockF11,F3 | Feb 26, 2018 | S | 4,256 | $259.3231 | D | 2,332,733 | I | by Trust |
| Common StockF12,F3 | Feb 26, 2018 | S | 169 | $259.956 | D | 2,332,564 | I | by Trust |
| Common Stock | holding | — | — | — | 5,900 | D | ||
| Common StockF13 | holding | — | — | — | 715,000 | I | By Trust for Child 1 | |
| Common StockF13 | holding | — | — | — | 715,000 | I | By Trust for Child 2 | |
| Common StockF14 | holding | — | — | — | 5,000 | I | By Trust for Nephew | |
| Common StockF14 | holding | — | — | — | 5,000 | I | By Trust for Niece |
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 December 14, 2017.
- F10The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $257.77 to $258.50, 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.
- F11The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $258.885 to $259.83, 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.
- F12The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $259.92 to $259.99, 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.
- F13These 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.
- F14These 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.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $247.22 to $247.98, 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 by a family trust for which the reporting person is a trustee.
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $247.73 to $248.68, 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 $248.90 to $249.74, 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 $249.95 to $250.90, 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 $250.99 to $251.10 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 $252.20 to $252.87, 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.
- F9The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $253.83 to $254.73, 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.