SEC Form 4 · accession 0001596532-18-000133
Arista Networks, Inc. · ANET
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Nikos Theodosopoulos
Director
Period of report
May 21, 2018
Accepted (ET)
May 23, 2018 · 5:58 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 StockF1 | May 21, 2018 | M | 437 | $0.00 | A | 1,746 | D | |
| Common Stock | May 21, 2018 | S | 100 | $250.00 | D | 1,646 | D | |
| Common Stock | May 21, 2018 | S | 10 | $252.93 | D | 1,636 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock Unit-1F1,F3 | $0.00 | May 21, 2018 | M | 437 | D | — | — | Common Stock | 437 | 3,494 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Arista Networks, Inc. Common Stock upon vesting.
- F2The sales reported on this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 14, 2018.
- F31/12th of the 5,240 restricted stock units awarded vested on August 21, 2017 and will continue to vest at the same rate on each quarterly vest date thereafter. A quarterly vest date is the first market trading day on or after February 20, May 20, August 20, or November 20 of each year.