Arista Networks, Inc. — Director's Dealing 2021

Jan 8, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Arista Networks, Inc. (ANET)
CIK: 0001596532
Period of Report: 2021-01-06

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-01-06	Common Stock	M	1375	$95.51	Acquired	16809	Direct
2021-01-06	Common Stock	S	175	$285.1759	Disposed	16634	Direct
2021-01-06	Common Stock	S	73	$286.5522	Disposed	16561	Direct
2021-01-06	Common Stock	S	203	$287.7186	Disposed	16358	Direct
2021-01-06	Common Stock	S	206	$288.8	Disposed	16152	Direct
2021-01-06	Common Stock	S	519	$289.9402	Disposed	15633	Direct
2021-01-06	Common Stock	S	199	$290.6805	Disposed	15434	Direct
2021-01-07	Common Stock	M	1273	$244.2	Acquired	16707	Direct
2021-01-07	Common Stock	S	234	$290.6991	Disposed	16473	Direct
2021-01-07	Common Stock	S	158	$292.7913	Disposed	16315	Direct
2021-01-07	Common Stock	S	455	$293.9256	Disposed	15860	Direct
2021-01-07	Common Stock	S	325	$295.0752	Disposed	15535	Direct
2021-01-07	Common Stock	S	101	$295.9104	Disposed	15434	Direct
2021-01-06	Common Stock	S	82	$285.1759	Disposed	565353	Indirect
2021-01-06	Common Stock	S	35	$286.5522	Disposed	565318	Indirect
2021-01-06	Common Stock	S	95	$287.7186	Disposed	565223	Indirect
2021-01-06	Common Stock	S	97	$288.8	Disposed	565126	Indirect
2021-01-06	Common Stock	S	246	$289.9402	Disposed	564880	Indirect
2021-01-06	Common Stock	S	95	$290.6805	Disposed	564785	Indirect
2021-01-07	Common Stock	S	145	$290.6991	Disposed	564640	Indirect
2021-01-07	Common Stock	S	97	$292.7913	Disposed	564543	Indirect
2021-01-07	Common Stock	S	280	$293.9256	Disposed	564263	Indirect
2021-01-07	Common Stock	S	201	$295.0752	Disposed	564062	Indirect
2021-01-07	Common Stock	S	62	$295.9104	Disposed	564000	Indirect
2021-01-06	Common Stock	S	82	$285.1759	Disposed	565353	Indirect
2021-01-06	Common Stock	S	35	$286.5522	Disposed	565318	Indirect
2021-01-06	Common Stock	S	95	$287.7186	Disposed	565223	Indirect
2021-01-06	Common Stock	S	97	$288.8	Disposed	565126	Indirect
2021-01-06	Common Stock	S	246	$289.9402	Disposed	564880	Indirect
2021-01-06	Common Stock	S	95	$290.6805	Disposed	564785	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 $284.93 to $285.70, 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 $286.23 to $286.87, 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 $287.41 to $288.13, 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 $288.425 to $289.13, 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 $289.43 to $290.42, 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.

F7: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $290.43 to $290.885, 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 $290.255 to $291.18, 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.

F9: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $292.25 to $293.155, 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 $293.37 to $294.34, 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 $294.56 to $295.43, 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $295.56 to $295.97, 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.

F13: 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.

F14: 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.