AI assistant
Arista Networks, Inc. — Director's Dealing 2017
Oct 3, 2017
29800_dirs_2017-10-03_c5b2a6e8-84a5-4465-b8b0-ad8a62fae03a.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: Arista Networks, Inc. (ANET)
CIK: 0001596532
Period of Report: 2017-10-02
Reporting Person: Taxay Marc (SVP and General Counsel)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-10-02 | Common Stock | M | 2000 | $7.76 | Acquired | 13002 | Direct |
| 2017-10-02 | Common Stock | S | 700 | $190.0676 | Disposed | 12302 | Direct |
| 2017-10-02 | Common Stock | S | 1200 | $190.6183 | Disposed | 11102 | Direct |
| 2017-10-02 | Common Stock | S | 100 | $191.54 | Disposed | 11002 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-10-02 | Non-Qualified Stock Option (right to buy) | $7.76 | M | 2000 | Disposed | 2023-04-18 | Common Stock (2000) | Direct |
Footnotes
F1: The exercise and sale of shares was effected pursuant to a Rule 10b5-1 trading plan entered into by the reporting person on September 13, 2016.
F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $189.43 to $190.41, 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 $190.44 to $190.99, 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.
F4: 1/4th of the 10,000 shares subject to the option shall vest and become exercisable on December 1, 2014 and 1/48th of the shares subject to the option shall vest each month thereafter.