Form Type: 4

SEC EDGAR Link
Accession Number:0001596532-20-000240
Date:2020-11-03
Issuer: ARISTA NETWORKS, INC. (ANET)
Original Submission Date:

Reporting Person:

THEODOSOPOULOS NIKOS
5453 GREAT AMERICA PARKWAY
SANTA CLARA, CA 95054

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2020-11-03 M 3,000 a $34.12 7,512 direct
COMMON STOCK 2020-11-03 S 1,597 d $250.48 5,915 direct
COMMON STOCK 2020-11-03 S 1,403 d $251.95 4,512 direct
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
NON-QUALIFIED STOCK OPTION (RIGHT TO BUY) 34.12 2020-11-03 deemed execution date M 3,000 (d) 2024-03-27 common stock 3,000 $34.12 3,375 direct
Footnotes
IDfootnote
f1 the exercise and sales reported on this form 4 were made pursuant to a rule 10b5-1 trading plan adopted by the reporting person on june 10, 2020.
f2 the price reported in column 4 is a weighted average price. these shares were sold in multiple transactions at prices ranging from $250.32 to $251.20, 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.
f3 the price reported in column 4 is a weighted average price. these shares were sold in multiple transactions at prices ranging from $251.33 to $252.20, 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.
f4 1/60th of the 25,000 shares subject to the option vest monthly from vest base date over five years.
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