Arista Networks, Inc. — Director's Dealing 2021

Jan 6, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Arista Networks, Inc. (ANET)
CIK: 0001596532
Period of Report: 2021-01-04

Reporting Person: Ullal Jayshree (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-01-04	Common Stock	M	333	$22.49	Acquired	15767	Direct
2021-01-04	Common Stock	M	1667	$56.24	Acquired	17434	Direct
2021-01-04	Common Stock	M	209	$226.34	Acquired	17643	Direct
2021-01-04	Common Stock	S	118	$281.2181	Disposed	17525	Direct
2021-01-04	Common Stock	S	387	$281.9331	Disposed	17138	Direct
2021-01-04	Common Stock	S	674	$282.9962	Disposed	16464	Direct
2021-01-04	Common Stock	S	465	$283.6842	Disposed	15999	Direct
2021-01-04	Common Stock	S	32	$285.0206	Disposed	15967	Direct
2021-01-04	Common Stock	S	57	$285.8368	Disposed	15910	Direct
2021-01-04	Common Stock	S	100	$287.114	Disposed	15810	Direct
2021-01-04	Common Stock	S	140	$288.3827	Disposed	15670	Direct
2021-01-04	Common Stock	S	156	$289.6254	Disposed	15514	Direct
2021-01-04	Common Stock	S	69	$290.1159	Disposed	15445	Direct
2021-01-04	Common Stock	S	11	$291.16	Disposed	15434	Direct
2021-01-04	Common Stock	S	3262	$281.2181	Disposed	623238	Indirect
2021-01-04	Common Stock	S	10704	$281.9331	Disposed	612534	Indirect
2021-01-04	Common Stock	S	18623	$282.9962	Disposed	593911	Indirect
2021-01-04	Common Stock	S	12853	$283.6842	Disposed	581058	Indirect
2021-01-04	Common Stock	S	871	$285.0206	Disposed	580187	Indirect
2021-01-04	Common Stock	S	1584	$285.8368	Disposed	578603	Indirect
2021-01-04	Common Stock	S	2777	$287.114	Disposed	575826	Indirect
2021-01-04	Common Stock	S	3892	$288.3827	Disposed	571934	Indirect
2021-01-04	Common Stock	S	4306	$289.6254	Disposed	567628	Indirect
2021-01-04	Common Stock	S	1894	$290.1159	Disposed	565734	Indirect
2021-01-04	Common Stock	S	299	$291.16	Disposed	565435	Indirect
2021-01-04	Common Stock	S	3262	$281.2181	Disposed	623238	Indirect
2021-01-04	Common Stock	S	10704	$281.9331	Disposed	612534	Indirect
2021-01-04	Common Stock	S	18623	$282.9962	Disposed	593911	Indirect
2021-01-04	Common Stock	S	12853	$283.6842	Disposed	581058	Indirect
2021-01-04	Common Stock	S	871	$285.0206	Disposed	580187	Indirect

Footnotes

F1: The exercises and/or sales reported on this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 11, 2020.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $280.43 to $281.425, 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 $281.43 to $282.42, 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 $282.455 to $283.45, 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 $283.455 to $284.40, 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 $284.50 to $285.49, 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $285.50 to $286.20, 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.

F8: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $286.775 to $287.59, 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.

F9: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $287.92 to $288.875, 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.

F10: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $288.95 to $289.93, 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.

F11: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $289.95 to $290.24, 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.

F12: 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 June 11, 2020.

F13: These shares are held in a trust 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.