Form Type: 4

SEC EDGAR Link
Accession Number:0001596532-20-000280
Date:2020-11-20
Issuer: ARISTA NETWORKS, INC. (ANET)
Original Submission Date:

Reporting Person:

ULLAL JAYSHREE
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 2020-11-20 M 2,063 a $0.00 17,497 direct
COMMON STOCK 2020-11-20 M 1,250 a $0.00 18,747 direct
COMMON STOCK 2020-11-20 F 1,643 d $268.50 17,104 direct
COMMON STOCK 2020-11-23 S 196 d $266.44 16,908 direct
COMMON STOCK 2020-11-23 S 770 d $267.90 16,138 direct
COMMON STOCK 2020-11-23 S 404 d $268.68 15,734 direct
COMMON STOCK 2020-11-23 S 300 d $269.79 15,434 direct
COMMON STOCK 2020-11-20 0 $0.00 647,334 indirect f8
COMMON STOCK 2020-11-20 0 $0.00 647,334 indirect f8
COMMON STOCK 2020-11-20 0 $0.00 5,000 indirect f9
COMMON STOCK 2020-11-20 0 $0.00 5,000 indirect f9
COMMON STOCK 2020-11-20 0 $0.00 2,185,898 indirect f10
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
RESTRICTED STOCK UNIT-1 0.0 2020-11-20 deemed execution date M 2,063 (d) common stock 2,063 $0.00 8,250 direct
RESTRICTED STOCK UNIT-2 0.0 2020-11-20 deemed execution date M 1,250 (d) common stock 1,250 $0.00 11,250 direct
Footnotes
IDfootnote
f1 each restricted stock unit represents a contingent right to receive one share of arista networks, inc. common stock upon vesting.
f2 represents shares withheld to satisfy tax withholding obligations on the vesting of restricted stock units.
f3 the exercises and/or sales reported on this form 4 were made pursuant to a rule 10b5-1 trading plan adopted by the reporting person on june 11, 2020.
f4 the price reported in column 4 is a weighted average price. these shares were sold in multiple transactions at prices ranging from $266.07 to $266.80, 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.
f5 the price reported in column 4 is a weighted average price. these shares were sold in multiple transactions at prices ranging from $267.27 to $268.24, 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.
f6 the price reported in column 4 is a weighted average price. these shares were sold in multiple transactions at prices ranging from $268.29 to $268.99, 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.
f7 the price reported in column 4 is a weighted average price. these shares were sold in multiple transactions at prices ranging from $269.38 to $270.06, 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.
f8 these shares are held in 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.
f9 these 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.
f10 these shares are held by a family trust for which the reporting person is co-trustee.
f11 five percent (5%) of the 41,250 restricted stock units awarded vested on february 20, 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.
f12 six and one-quarter percent (6.25%) of the 20,000 restricted stock units awarded vested on may 20, 2019 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, and november 20 of each year.
WhaleWisdom Logo

Elevate your investments