Jayshree Ullal - Mar 8, 2023 Form 4 Insider Report for Arista Networks, Inc. (ANET)

Signature
By: Isabelle Bertin-Bailly, Attorney-in-Fact For: Jayshree Ullal
Stock symbol
ANET
Transactions as of
Mar 8, 2023
Transactions value $
-$20,694,079
Form type
4
Date filed
3/10/2023, 05:15 PM
Previous filing
Feb 23, 2023
Next filing
Apr 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ANET Common Stock Sale -$2.93M -19.8K -1.11% $147.81 1.76M Mar 8, 2023 By Trust for Child 1 F1, F2, F3
transaction ANET Common Stock Sale -$29.7K -200 -0.01% $148.53 1.76M Mar 8, 2023 By Trust for Child 1 F1, F3, F4
transaction ANET Common Stock Sale -$2.93M -19.8K -1.11% $147.81 1.76M Mar 8, 2023 By Trust for Child 2 F1, F2, F3
transaction ANET Common Stock Sale -$29.7K -200 -0.01% $148.53 1.76M Mar 8, 2023 By Trust for Child 2 F1, F3, F4
transaction ANET Common Stock Sale -$14.6M -99K -1.43% $147.81 6.83M Mar 8, 2023 by Trust F2, F5, F6
transaction ANET Common Stock Sale -$149K -1K -0.01% $148.53 6.83M Mar 8, 2023 by Trust F4, F5, F6
holding ANET Common Stock 58.8K Mar 8, 2023 Direct
holding ANET Common Stock 12K Mar 8, 2023 By Trust for Nephew F7
holding ANET Common Stock 12K Mar 8, 2023 By Trust for Niece F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 relatives on September 14, 2022.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $147.47 to $148.465, 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 These shares are held in 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.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $148.47 to $148.64, 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.
F5 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 September 14, 2022.
F6 These shares are held by a family trust for which the reporting person is co-trustee.
F7 These shares are held in trust for the benefit of relatives 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.