Form Type: 4

SEC EDGAR Link
Accession Number:0001596532-21-000156
Date:2021-05-06
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 2021-05-06 M 1,375 a $95.51 1,901 direct
COMMON STOCK 2021-05-06 S 210 d $318.30 1,691 direct
COMMON STOCK 2021-05-06 S 210 d $319.37 1,481 direct
COMMON STOCK 2021-05-06 S 290 d $321.32 1,191 direct
COMMON STOCK 2021-05-06 S 336 d $322.55 855 direct
COMMON STOCK 2021-05-06 S 150 d $324.78 705 direct
COMMON STOCK 2021-05-06 S 179 d $326.87 526 direct
COMMON STOCK 0 $0.00 564,000 indirect f8
COMMON STOCK 0 $0.00 564,000 indirect f8
COMMON STOCK 0 $0.00 5,000 indirect f9
COMMON STOCK 0 $0.00 5,000 indirect f9
COMMON STOCK 0 $0.00 2,067,998 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
NON-QUALIFIED STOCK OPTION (RIGHT TO BUY) 95.51 2021-05-06 deemed execution date M 1,375 (d) 2027-02-05 common stock 1,375 $95.51 12,375 direct
Footnotes
IDfootnote
f1 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.
f2 the price reported in column 4 is a weighted average price. these shares were sold in multiple transactions at prices ranging from $317.99 to $318.90, 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.
f3 the price reported in column 4 is a weighted average price. these shares were sold in multiple transactions at prices ranging from $318.99 to $319.71, 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 the price reported in column 4 is a weighted average price. these shares were sold in multiple transactions at prices ranging from $320.77 to $321.61, 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 $322.08 to $323.03, 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 $324.33 to $325.19, 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 $326.41 to $327.25, 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.
f8 these 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.
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 1/5th of the 82,500 shares subject to the option vested on february 6, 2018 and 1/60th of the shares subject to the option shall vest monthly thereafter.

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