Arista Networks, Inc. — Director's Dealing 2020

Mar 16, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Arista Networks, Inc. (ANET)
CIK: 0001596532
Period of Report: 2020-03-12

Reporting Person: Duda Kenneth (CTO and SVP Software Eng.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-03-12	Common Stock	S	22	$167.3159	Disposed	60366	Indirect
2020-03-12	Common Stock	S	852	$169.0358	Disposed	59514	Indirect
2020-03-12	Common Stock	S	5	$167.216	Disposed	2570	Indirect
2020-03-12	Common Stock	S	210	$169.0031	Disposed	2360	Indirect
2020-03-13	Common Stock	G	6140	$0.0	Disposed	330071	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	5294	Direct
Common Stock	213944	Indirect
Common Stock	213944	Indirect

Footnotes

F1: The sale of shares was effected pursuant to a Rule 10b5-1 trading plan entered into by the reporting person for the benefit of the reporting person's children on December 9, 2019.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $167.22 to $168.02 inclusive. The reporting person undertakes to provide 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: These shares are held in multiple trusts 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: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $168.36 to $169.30 inclusive. The reporting person undertakes to provide 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 sale of shares was effected pursuant to a Rule 10b5-1 trading plan entered into by the reporting person's Foundation on December 12, 2019.

F6: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $167.21 to $167.22 inclusive. The reporting person undertakes to provide 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: These shares are held by a 501(c) Foundation for which the reporting person and his spouse serve as co-trustee.

F8: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $168.66 to $169.04 inclusive. The reporting person undertakes to provide 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.

F9: These shares are held by a family trust for which the reporting person is a co-trustee.

F10: Reporting person's spouse is the trustee of the Jennifer Duda Annuity Trusts.

F11: Reporting person is the trustee of the Kenneth Duda Annuity Trusts.