Arista Networks, Inc. — Director's Dealing 2020

Mar 4, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Arista Networks, Inc. (ANET)
CIK: 0001596532
Period of Report: 2020-03-02

Reporting Person: Taxay Marc (SVP and General Counsel)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-03-02	Common Stock	M	167	$22.49	Acquired	6766	Direct
2020-03-02	Common Stock	M	167	$30.67	Acquired	6933	Direct
2020-03-02	Common Stock	M	167	$68.34	Acquired	7100	Direct
2020-03-02	Common Stock	M	167	$64.46	Acquired	7267	Direct
2020-03-02	Common Stock	M	167	$56.24	Acquired	7434	Direct
2020-03-02	Common Stock	M	250	$65.01	Acquired	7684	Direct
2020-03-02	Common Stock	S	2000	$194.68	Disposed	5684	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-03-02	Non-Qualified Stock Option (right to buy)	$22.49	M	167	Disposed	2024-01-12	Common Stock (167)	Direct
2020-03-02	Non-Qualified Stock Option (right to buy)	$30.67	M	167	Disposed	2024-02-10	Common Stock (167)	Direct
2020-03-02	Non-Qualified Stock Option (right to buy)	$56.24	M	167	Disposed	2026-02-11	Common Stock (167)	Direct
2020-03-02	Non-Qualified Stock Option (right to buy)	$64.46	M	167	Disposed	2025-09-10	Common Stock (167)	Direct
2020-03-02	Non-Qualified Stock Option (right to buy)	$65.01	M	250	Disposed	2026-04-07	Common Stock (250)	Direct
2020-03-02	Non-Qualified Stock Option (right to buy)	$68.34	M	167	Disposed	2024-12-15	Common Stock (167)	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 11, 2019.

F2: 1/5th of the 10,000 shares subject to the option vested and became exercisable on May 1, 2016 and 1/60th of the shares subject to the option shall vest monthly thereafter.

F3: 1/60th of the 10,000 shares subject to the option vested and became exercisable on April 1, 2017 and 1/60th of the shares subject to the option shall vest monthly thereafter.

F4: 1/5th of the 10,000 shares subject to the option vested and became exercisable on December 1, 2017 and 1/60th of the shares subject to the option shall vest monthly thereafter.

F5: 1/60th of the 15,000 shares subject to the option vested and became exercisable on April 28, 2016 and 1/60th of the shares subject to the option shall vest monthly thereafter.

F6: 1/5th of the 10,000 shares subject to the option vested and became exercisable on December 1, 2017 and 1/60th of the shares subject to the option shall vest monthly thereafter.