Statement of Changes in Beneficial Ownership (4)
October 05 2020 - 05:26PM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5
obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL
OWNERSHIP OF SECURITIES
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APPROVAL
OMB Number: 3235-0287
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Filed pursuant to Section 16(a) of the
Securities Exchange Act of 1934 or Section 30(h) of the Investment
Company Act of 1940
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1. Name
and Address of Reporting Person * Taxay Marc |
2. Issuer Name and Ticker or Trading
Symbol Arista Networks, Inc. [ ANET ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)_____
Director _____
10% Owner
__X__ Officer (give title
below) _____ Other
(specify below)
SVP and General Counsel |
(Last)
(First)
(Middle)
5453 GREAT AMERICA PARKWAY |
3. Date of Earliest Transaction (MM/DD/YYYY)
10/1/2020
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(Street)
SANTA CLARA, CA 95054
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line) _X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person |
Table I - Non-Derivative Securities Acquired, Disposed of, or
Beneficially Owned
|
1.Title of Security
(Instr. 3) |
2. Trans. Date |
2A. Deemed Execution Date, if any |
3. Trans. Code
(Instr. 8) |
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) |
5. Amount of Securities Beneficially Owned Following
Reported Transaction(s)
(Instr. 3 and 4) |
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4) |
7. Nature of Indirect Beneficial Ownership (Instr.
4) |
Code |
V |
Amount |
(A) or (D) |
Price |
Common Stock |
10/1/2020 |
|
M(1) |
|
167 |
A |
$68.34 |
879 |
D |
|
Common Stock |
10/1/2020 |
|
M(1) |
|
167 |
A |
$64.46 |
1046 |
D |
|
Common Stock |
10/1/2020 |
|
M(1) |
|
167 |
A |
$56.24 |
1213 |
D |
|
Common Stock |
10/1/2020 |
|
M(1) |
|
250 |
A |
$65.01 |
1463 |
D |
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Common Stock |
10/1/2020 |
|
S(1) |
|
751 |
D |
$208.5 |
712 |
D |
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Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible
securities)
|
1. Title of Derivate Security
(Instr. 3) |
2. Conversion or Exercise Price of Derivative
Security |
3. Trans. Date |
3A. Deemed Execution Date, if any |
4. Trans. Code
(Instr. 8) |
5. Number of Derivative Securities Acquired (A) or
Disposed of (D)
(Instr. 3, 4 and 5) |
6. Date Exercisable and Expiration Date |
7. Title and Amount of Securities Underlying
Derivative Security
(Instr. 3 and 4) |
8. Price of Derivative Security
(Instr. 5) |
9. Number of derivative Securities Beneficially
Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct
(D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr.
4) |
Code |
V |
(A) |
(D) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
Non-Qualified Stock Option (right to
buy) |
$56.24 |
10/1/2020 |
|
M (1) |
|
|
167 |
(2) |
2/11/2026 |
Common Stock |
167 |
$0.0 |
2833 |
D |
|
Non-Qualified Stock Option (right to
buy) |
$64.46 |
10/1/2020 |
|
M (1) |
|
|
167 |
(3) |
9/10/2025 |
Common Stock |
167 |
$0.0 |
2333 |
D |
|
Non-Qualified Stock Option (right to
buy) |
$65.01 |
10/1/2020 |
|
M (1) |
|
|
250 |
(4) |
4/7/2026 |
Common Stock |
250 |
$0.0 |
1500 |
D |
|
Non-Qualified Stock Option (right to
buy) |
$68.34 |
10/1/2020 |
|
M (1) |
|
|
167 |
(5) |
12/15/2024 |
Common Stock |
167 |
$0.0 |
2333 |
D |
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Explanation of
Responses: |
(1) |
The exercise and sale of
shares was effected pursuant to a Rule 10b5-1 trading plan entered
into by the reporting person on September 11, 2019. |
(2) |
1/60th of the 10,000 shares
subject to the option vested and became exercisable on April 1,
2017 and 1/60th of the shares subject to the option shall vest
monthly thereafter. |
(3) |
1/5th of the 10,000 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. |
(4) |
1/60th of the 15,000 shares
subject to the option vested and became exercisable on April 28,
2016 and 1/60th of the shares subject to the option shall vest
monthly thereafter. |
(5) |
1/5th of the 10,000 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. |
Reporting
Owners
|
Reporting Owner Name / Address |
Relationships
|
Director |
10% Owner |
Officer |
Other |
Taxay Marc
5453 GREAT AMERICA PARKWAY
SANTA CLARA, CA 95054 |
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|
SVP and General Counsel |
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Signatures
|
By: Isabelle Bertin-Bailly, Attorney-in-Fact For:
Marc Taxay |
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10/5/2020 |
**Signature of
Reporting Person |
Date |