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Arista Networks, Inc. Director's Dealing 2021

May 24, 2021

29800_dirs_2021-05-24_46886944-1342-48bc-bafa-53fd08b8984a.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: 2021-05-20

Reporting Person: Battles Kelly Bodnar (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-05-20 Common Stock M 255 $0.0 Acquired 619 Direct
2021-05-20 Common Stock S 28 $323.08 Disposed 591 Direct
2021-05-20 Common Stock S 50 $324.4899 Disposed 541 Direct
2021-05-20 Common Stock S 99 $325.6703 Disposed 442 Direct
2021-05-20 Common Stock S 23 $326.5128 Disposed 419 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2021-05-20 Restricted Stock Unit-1 $0.0 M 255 Disposed Common Stock (255) Direct

Footnotes

F1: Each restricted stock unit represents a contingent right to receive one share of Arista Networks, Inc. Common Stock upon vesting.

F2: The sale of shares was effected pursuant to a Rule 10b5-1 trading plan entered into by the reporting person on August 26, 2020.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $322.74 to $323.60, 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: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $324.16 to $325.115, 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.

F5: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $325.18 to $326.055, 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.

F6: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $326.235 to $326.69, 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.

F7: The reporting person was granted 1,019 RSU's on July 10, 2020. 1/4th of the shares vested on August 20, 2020 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.