Arista Networks, Inc. — Director's Dealing 2020

Nov 10, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Arista Networks, Inc. (ANET)
CIK: 0001596532
Period of Report: 2020-11-06

Reporting Person: Sadana Anshul (SVP, Chief Operating Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-11-06	Common Stock	M	2739	$30.67	Acquired	6464	Direct
2020-11-06	Common Stock	S	3169	$260.0386	Disposed	3295	Direct
2020-11-09	Common Stock	M	242	$30.67	Acquired	3537	Direct
2020-11-09	Common Stock	M	140	$68.34	Acquired	3677	Direct
2020-11-09	Common Stock	S	382	$270.2817	Disposed	3295	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-11-06	Non-Qualified Stock Option (right to buy)	$30.67	M	2739	Disposed	2024-02-10	Common Stock (2739)	Direct
2020-11-09	Non-Qualified Stock Option (right to buy)	$30.67	M	242	Disposed	2024-02-10	Common Stock (242)	Direct
2020-11-09	Non-Qualified Stock Option (right to buy)	$68.34	M	140	Disposed	2024-12-15	Common Stock (140)	Direct

Footnotes

F1: The exercise and/or sales reported on this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 12, 2019.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $260.00 to $260.18, 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 $270.25 to $270.50, 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: 1/5th of the 100,000 shares subject to the option vested and became exercisable on December 1, 2018 and 1/60th of the shares subject to the option shall vest monthly thereafter.

F5: 1/5th of the 50,000 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.