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Arista Networks, Inc. Director's Dealing 2017

May 24, 2017

29800_dirs_2017-05-24_1df35154-e1a3-4bf2-a2e3-ca98e364dd50.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Arista Networks, Inc. (ANET)
CIK: 0001596532
Period of Report: 2017-05-22

Reporting Person: Ullal Jayshree (Director, President and CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2017-05-22 Common Stock M 2063 $0.0 Acquired 3351 Direct
2017-05-22 Common Stock F 775 $143.15 Disposed 2576 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2017-05-22 Restricted Stock Unit-1 $0.0 M 2063 Disposed Common Stock (2063) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 935836 Indirect
Common Stock 935836 Indirect
Common Stock 19867 Indirect
Common Stock 19867 Indirect
Common Stock 2894501 Indirect

Footnotes

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: 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.

F4: 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.

F5: These shares are held by a family trust for which the reporting person is a trustee.

F6: Five percent (5%) of the 41,250 restricted stock units awarded will vest 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.