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Arista Networks, Inc. — Director's Dealing 2017
Feb 23, 2017
29800_dirs_2017-02-23_1d12e829-3a40-47a9-87c0-df6c927e2e89.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: 2017-02-21
Reporting Person: Duda Kenneth (CTO and SVP Software Eng.)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2017-02-21 | Common Stock | M | 625 | $0.0 | Acquired | 1045 | Direct |
| 2017-02-21 | Common Stock | F | 234 | $122.62 | Disposed | 811 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2017-02-21 | Restricted Stock Unit-1 | $0.0 | M | 625 | Disposed | Common Stock (625) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 1494818 | 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 by a family trust for which the reporting person is a co-trustee.
F4: Six and one-quarter percent (6.25%) of the 10,000 restricted stock units awarded vested on February 20, 2017 and will continue to vest at a rate of six and one-quarter percent (6.25%) 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.