Sec Form 4 Filing - Ullal Jayshree @ Arista Networks, Inc. - 2017-08-04

Insider filing report for Changes in Beneficial Ownership
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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
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Ullal Jayshree
2. Issuer Name and Ticker or Trading Symbol
Arista Networks, Inc. [ ANET]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
President and CEO
(Last) (First) (Middle)
5453 GREAT AMERICA PARKWAY
3. Date of Earliest Transaction (MM/DD/YY)
08/04/2017
(Street)
SANTA CLARA, CA95054
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction 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 08/04/2017 S( 1 ) 1,225 D $ 169.3413 ( 2 ) 848,775 I By Trust for Child 1 ( 3 )
Common Stock 08/04/2017 S( 1 ) 2,125 D $ 170.2137 ( 4 ) 846,650 I By Trust for Child 1 ( 3 )
Common Stock 08/04/2017 S( 1 ) 2,250 D $ 171.0817 ( 5 ) 844,400 I By Trust for Child 1 ( 3 )
Common Stock 08/04/2017 S( 1 ) 13,428 D $ 172.4187 ( 6 ) 830,972 I By Trust for Child 1 ( 3 )
Common Stock 08/04/2017 S( 1 ) 41,911 D $ 173.3486 ( 7 ) 789,061 I By Trust for Child 1 ( 3 )
Common Stock 08/04/2017 S( 1 ) 24,770 D $ 174.145 ( 8 ) 764,291 I By Trust for Child 1 ( 3 )
Common Stock 08/04/2017 S( 1 ) 75 D $ 175.12 764,216 I By Trust for Child 1 ( 3 )
Common Stock 08/07/2017 S( 1 ) 750 D $ 170.543 ( 9 ) 763,466 I By Trust for Child 1 ( 3 )
Common Stock 08/07/2017 S( 1 ) 750 D $ 171.6694 ( 10 ) 762,716 I By Trust for Child 1 ( 3 )
Common Stock 08/07/2017 S( 1 ) 1,500 D $ 172.4902 ( 11 ) 761,216 I By Trust for Child 1 ( 3 )
Common Stock 08/07/2017 S( 1 ) 1,366 D $ 173.8307 ( 12 ) 759,850 I By Trust for Child 1 ( 3 )
Common Stock 08/07/2017 S( 1 ) 5,200 D $ 174.66 ( 13 ) 754,650 I By Trust for Child 1 ( 3 )
Common Stock 08/07/2017 S( 1 ) 4,550 D $ 175.3444 ( 14 ) 750,100 I By Trust for Child 1 ( 3 )
Common Stock 08/07/2017 S( 1 ) 100 D $ 176.33 ( 15 ) 750,000 I By Trust for Child 1 ( 3 )
Common Stock 08/04/2017 S( 1 ) 1,225 D $ 169.3413 ( 2 ) 848,775 I By Trust for Child 2 ( 3 )
Common Stock 08/04/2017 S( 1 ) 2,125 D $ 170.2137 ( 4 ) 846,650 I By Trust for Child 2 ( 3 )
Common Stock 08/04/2017 S( 1 ) 2,250 D $ 171.0817 ( 5 ) 844,400 I By Trust for Child 2 ( 3 )
Common Stock 08/04/2017 S( 1 ) 13,428 D $ 172.4187 ( 6 ) 830,972 I By Trust for Child 2 ( 3 )
Common Stock 08/04/2017 S( 1 ) 41,911 D $ 173.3486 ( 7 ) 789,061 I By Trust for Child 2 ( 3 )
Common Stock 08/04/2017 S( 1 ) 24,770 D $ 174.145 ( 8 ) 764,291 I By Trust for Child 2 ( 3 )
Common Stock 08/04/2017 S( 1 ) 75 D $ 175.12 764,216 I By Trust for Child 2 ( 3 )
Common Stock 08/07/2017 S( 1 ) 750 D $ 170.543 ( 9 ) 763,466 I By Trust for Child 2 ( 3 )
Common Stock 08/07/2017 S( 1 ) 750 D $ 171.6694 ( 10 ) 762,716 I By Trust for Child 2 ( 3 )
Common Stock 08/07/2017 S( 1 ) 1,500 D $ 172.4902 ( 11 ) 761,216 I By Trust for Child 2 ( 3 )
Common Stock 08/07/2017 S( 1 ) 1,366 D $ 173.8307 ( 12 ) 759,850 I By Trust for Child 2 ( 3 )
Common Stock 08/07/2017 S( 1 ) 5,200 D $ 174.66 ( 13 ) 754,650 I By Trust for Child 2 ( 3 )
Common Stock 08/07/2017 S( 1 ) 4,550 D $ 175.3444 ( 14 ) 750,100 I By Trust for Child 2 ( 3 )
Common Stock 08/07/2017 S( 1 ) 100 D $ 176.33 ( 15 ) 750,000 I By Trust for Child 2 ( 3 )
Common Stock 08/04/2017 S( 1 ) 98 D $ 169.3413 ( 2 ) 12,902 I By Trust for Nephew ( 16 )
Common Stock 08/04/2017 S( 1 ) 170 D $ 170.2137 ( 4 ) 12,732 I By Trust for Nephew ( 16 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Ullal Jayshree
5453 GREAT AMERICA PARKWAY
SANTA CLARA, CA95054
X President and CEO
Signatures
By: Isabelle Bertin-Bailly, Attorney-in-Fact For: Jayshree Ullal 08/08/2017
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The sales reported on this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 14, 2017.
( 2 )The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $168.73 to $169.72, 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 )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.
( 4 )The price reported in Column 4 is a weighted average price . These shares were sold in multiple transactions at prices ranging from $169.73 to $170.70, 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.
( 5 )The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $170.85 to $171.83, 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 $171.89 to $172.88, 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.
( 7 )The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $172.89 to $173.885, 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.
( 8 )The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $173.89 to $174.8201, 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 )The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $169.99 to $170.95, 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 )The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $171.09 to $172.07, 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 $172.10 to $172.98, 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 $173.105 to $174.09, 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 $174.10 to $175.09, 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 $175.10 to $175.98, 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $176.17 to $176.39, 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.
( 16 )These shares are held in a trust for the benefit of a relative 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.

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