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 14, 2022. |
(2) |
The price reported in Column
4 is a weighted average price. These shares were sold in multiple
transactions at prices ranging from $122.86 to $123.84, 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. |
(3) |
The price reported in Column
4 is a weighted average price. These shares were sold in multiple
transactions at prices ranging from $123.89 to $124.73, 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 $124.91 to $125.87, 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. |
(5) |
The price reported in Column
4 is a weighted average price. These shares were sold in multiple
transactions at prices ranging from $125.91 to $126.89, 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 $126.91 to $127.64, 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) |
These shares are held in a
trust for the benefit of a Child of the reporting person for which
the reporting person serves as co-trustee. The reporting person
shares voting and investment control over the shares but disclaims
beneficial ownership of the shares. |
(8) |
The sale of shares was
effected pursuant to a Rule 10b5-1 trading plan entered into on
December 13, 2021 by the reporting person's 501(c) Foundation, for
which the reporting person and his spouse serve as
co-trustee. |
(9) |
The price reported in Column
4 is a weighted average price. These shares were sold in multiple
transactions at prices ranging from $123.58 to $124.29, 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. |
(10) |
These shares are held by a
501(c) Foundation for which the reporting person and his spouse
serve as co-trustee. |
(11) |
The price reported in Column
4 is a weighted average price. These shares were sold in multiple
transactions at prices ranging from $124.70 to $125.66, 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. |
(12) |
The price reported in Column
4 is a weighted average price. These shares were sold in multiple
transactions at prices ranging from $125.73 to $126.71, 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 $126.77 to $127.69, 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. |
(14) |
Reporting person's spouse is
the trustee of the Jennifer Duda Annuity Trusts. |
(15) |
Reporting person is the
trustee of the Kenneth Duda Annuity Trusts. |
(16) |
These shares are held by a
family trust for which the reporting person is
co-trustee. |
(17) |
1/5th of the shares subject
to the option vested and become exercisable on December 1, 2018 and
1/60th of the shares subject to the option shall vest monthly
thereafter. |