Explanation of
Responses: |
(1) |
The exercise and/or sale of
shares was effected pursuant to a Rule 10b5-1 trading plan entered
into by the reporting person on March 4, 2020. |
(2) |
The price reported in Column
4 is a weighted average price. These shares were sold in multiple
transactions at prices ranging from $314.62 to $315.57, 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. |
(3) |
The price reported in Column
4 is a weighted average price. These shares were sold in multiple
transactions at prices ranging from $315.94 to $316.93, 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. |
(4) |
The price reported in Column
4 is a weighted average price. These shares were sold in multiple
transactions at prices ranging from $316.94 to $317.91, 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. |
(5) |
The price reported in Column
4 is a weighted average price. These shares were sold in multiple
transactions at prices ranging from $318.01 to $318.97, 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. |
(6) |
The price reported in Column
4 is a weighted average price. These shares were sold in multiple
transactions at prices ranging from $319.13 to $319.65, 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. |
(7) |
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 December 9, 2019. |
(8) |
The price reported in Column
4 is a weighted average price. These shares were sold in multiple
transactions at prices ranging from $314.60 to $315.57, 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. |
(9) |
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. |
(10) |
The price reported in Column
4 is a weighted average price. These shares were sold in multiple
transactions at prices ranging from $315.60 to $316.58, 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. |
(11) |
The price reported in Column
4 is a weighted average price. These shares were sold in multiple
transactions at prices ranging from $316.60 to $317.59, 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. |
(12) |
The price reported in Column
4 is a weighted average price. These shares were sold in multiple
transactions at prices ranging from $317.60 to $318.56, 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. |
(13) |
The price reported in Column
4 is a weighted average price. These shares were sold in multiple
transactions at prices ranging from $318.67 to $319.66, 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. |
(14) |
The price reported in Column
4 is a weighted average price. These shares were sold in multiple
transactions at prices ranging from $319.67 to $319.84, 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. |
(15) |
The sale of shares was
effected pursuant to a Rule 10b5-1 trading plan entered into on
December 12, 2019 by the reporting person's 501(c) Foundation, for
which the reporting person and his spouse serve as
co-trustee. |
(16) |
The price reported in Column
4 is a weighted average price. These shares were sold in multiple
transactions at prices ranging from $314.63 to $315.56, 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. |
(17) |
These shares are held by a
501(c) Foundation for which the reporting person and his spouse
serve as co-trustee. |
(18) |
The price reported in Column
4 is a weighted average price. These shares were sold in multiple
transactions at prices ranging from $315.81 to $316.68, 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. |
(19) |
The price reported in Column
4 is a weighted average price. These shares were sold in multiple
transactions at prices ranging from $316.86 to $317.84, 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. |
(20) |
The price reported in Column
4 is a weighted average price. These shares were sold in multiple
transactions at prices ranging from $317.91 to $318.75, 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. |
(21) |
The price reported in Column
4 is a weighted average price. These shares were sold in multiple
transactions at prices ranging from $319.13 to $319.88, 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. |
(22) |
Reporting person's spouse is
the trustee of the Jennifer Duda Annuity Trusts. |
(23) |
Reporting person is the
trustee of the Kenneth Duda Annuity Trusts. |
(24) |
These shares are held by a
family trust for which the reporting person is
co-trustee. |
(25) |
1/4th of the 100,000 shares
subject to the option vested and became exercisable on September
30, 2013 and 1/48th of the shares subject to the option vested each
month thereafter. |