SEC Form 4 · accession 0001596532-18-000210

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

Aug 24, 2018

Accepted (ET)

Aug 28, 2018 · 9:13 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 27, 2018	M	6,667	$22.49	A	14,704	D
Common Stock	Aug 27, 2018	M	33,333	$56.24	A	48,037	D
Common Stock	Aug 27, 2018	M	24,750	$95.51	A	72,787	D
Common Stock^F1	Aug 27, 2018	S	2,600	$301.7138	D	70,187	D
Common Stock^F2	Aug 27, 2018	S	3,872	$302.5751	D	66,315	D
Common Stock^F3	Aug 27, 2018	S	6,205	$303.893	D	60,110	D
Common Stock^F4	Aug 27, 2018	S	18,500	$304.6661	D	41,610	D
Common Stock^F5	Aug 27, 2018	S	4,500	$305.8651	D	37,110	D
Common Stock^F6	Aug 27, 2018	S	12,543	$306.6965	D	24,567	D
Common Stock^F7	Aug 27, 2018	S	7,630	$307.6327	D	16,937	D
Common Stock^F8	Aug 27, 2018	S	1,100	$308.5973	D	15,837	D
Common Stock^F9	Aug 27, 2018	S	2,500	$309.8386	D	13,337	D
Common Stock^F10	Aug 27, 2018	S	5,300	$310.7981	D	8,037	D
Common Stock^F12,F13	Aug 24, 2018	S	650	$307.6379	D	708,850	I	By Trust for Child 1
Common Stock^F14,F13	Aug 24, 2018	S	1,180	$308.6684	D	707,670	I	By Trust for Child 1
Common Stock^F15,F13	Aug 24, 2018	S	750	$309.481	D	706,920	I	By Trust for Child 1
Common Stock^F16,F13	Aug 24, 2018	S	275	$310.5627	D	706,645	I	By Trust for Child 1
Common Stock^F17,F13	Aug 24, 2018	S	100	$311.7934	D	706,545	I	By Trust for Child 1
Common Stock^F18,F13	Aug 24, 2018	S	45	$313.1603	D	706,500	I	By Trust for Child 1
Common Stock^F12,F13	Aug 24, 2018	S	650	$307.6379	D	708,850	I	By Trust for Child 2
Common Stock^F14,F13	Aug 24, 2018	S	1,181	$308.6684	D	707,669	I	By Trust for Child 2
Common Stock^F15,F13	Aug 24, 2018	S	750	$309.481	D	706,919	I	By Trust for Child 2
Common Stock^F16,F13	Aug 24, 2018	S	275	$310.5627	D	706,644	I	By Trust for Child 2
Common Stock^F17,F13	Aug 24, 2018	S	98	$311.7934	D	706,546	I	By Trust for Child 2
Common Stock^F18,F13	Aug 24, 2018	S	46	$313.1603	D	706,500	I	By Trust for Child 2
Common Stock^F12,F19	Aug 24, 2018	S	1,300	$307.6379	D	2,311,264	I	by Trust
Common Stock^F14,F19	Aug 24, 2018	S	2,362	$308.6684	D	2,308,902	I	by Trust
Common Stock^F15,F19	Aug 24, 2018	S	1,500	$309.481	D	2,307,402	I	by Trust
Common Stock^F16,F19	Aug 24, 2018	S	550	$310.5627	D	2,306,852	I	by Trust
Common Stock^F17,F19	Aug 24, 2018	S	197	$311.7934	D	2,306,655	I	by Trust

Table II — derivative securities

No Table II lines on this filing.

Explanation of responses

F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $301.20 to $302.185, 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.
F10The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $310.39 to $311.30, 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 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.
F12The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $307.17 to $308.10, 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.
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.
F14The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $308.17 to $309.13, 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.
F15The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $309.18 to $310.00, 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.
F16The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $310.20 to $310.98, 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.
F17The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $311.33 to $312.14, 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.
F18The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $312.98 to $313.31, 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.
F19These shares are held by a family trust for which the reporting person is a trustee.
F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $302.2001 to $303.09, 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.
F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $303.24 to $304.235, 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.
F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $304.25 to $305.20, 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 $305.26 to $306.25, 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 $306.26 to $307.24, 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 $307.26 to $308.22, 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 $308.33 to $309.08, 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 $309.37 to $310.35, 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.