Statement of Changes in Beneficial Ownership (4)
23 Novembro 2022 - 07:22PM
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
|
OMB
APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response... 0.5 |
|
Filed pursuant to Section 16(a) of the
Securities Exchange Act of 1934 or Section 30(h) of the Investment
Company Act of 1940
|
|
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/YYYY)
11/21/2022
|
(Street)
SANTA CLARA, CA 95054
(City)
(State)
(Zip)
|
4. If Amendment, Date Original Filed
(MM/DD/YYYY)
|
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 |
11/21/2022 |
|
M |
|
5000 |
A |
$0.0 (1) |
22598 |
D |
|
Common Stock |
11/21/2022 |
|
M |
|
1040 |
A |
$0.0 (1) |
23638 |
D |
|
Common Stock |
11/21/2022 |
|
M |
|
11153 |
A |
$0.0 (1) |
34791 |
D |
|
Common Stock |
11/21/2022 |
|
M |
|
12504 |
A |
$0.0 (1) |
47295 |
D |
|
Common Stock |
11/21/2022 |
|
F(2) |
|
14725 |
D |
$134.61 |
32570 |
D |
|
Common Stock |
|
|
|
|
|
|
|
1783200 |
I |
By Trust for Child 1 (3) |
Common Stock |
|
|
|
|
|
|
|
1783200 |
I |
By Trust for Child 2 (3) |
Common Stock |
|
|
|
|
|
|
|
12000 |
I |
By Trust for Nephew (4) |
Common Stock |
|
|
|
|
|
|
|
12000 |
I |
By Trust for Niece (4) |
Common Stock |
|
|
|
|
|
|
|
6931992 |
I |
by Trust (5) |
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 |
Restricted Stock Unit-2 |
$0.0 (1) |
11/21/2022 |
|
M |
|
|
5000 |
(6) |
(6) |
Common Stock |
5000 |
$0.0 |
5000 |
D |
|
Restricted Stock Unit-4 |
$0.0 (1) |
11/21/2022 |
|
M |
|
|
1040 |
(7) |
(7) |
Common Stock |
1040 |
$0.0 |
5220 |
D |
|
Restricted Stock Unit-5 |
$0.0 (1) |
11/21/2022 |
|
M |
|
|
11153 |
(8) |
(8) |
Common Stock |
11153 |
$0.0 |
100348 |
D |
|
Restricted Stock Unit-6 |
$0.0 (1) |
11/21/2022 |
|
M |
|
|
12504 |
(8) |
(8) |
Common Stock |
12504 |
$0.0 |
112496 |
D |
|
Explanation of
Responses: |
(1) |
Each restricted stock unit
represents a contingent right to receive one share of Arista
Networks, Inc. Common Stock upon vesting. |
(2) |
Represents shares withheld
to satisfy tax withholding obligations on the vesting of restricted
stock units. |
(3) |
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. |
(4) |
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. |
(5) |
These shares are held by a
family trust for which the reporting person is
co-trustee. |
(6) |
Six and one-quarter percent
(6.25%) of the restricted stock units awarded vested on May 20,
2019 and will continue to vest at the same rate on each quarterly
vest date thereafter. A quarterly vest date is the first market
trading day on or after February 20, May 20, August 20, and
November 20 of each year. |
(7) |
This performance stock award
was granted in the first quarter of 2020 and was earned based on
attainment of certain performance conditions. The award vested
(25%) on February 20, 2021, and will continue to vest at a rate of
6.25% quarterly thereafter. A quarterly vest date is the first
market trading day on or after February 20, May 20, August 20, and
November 20 of each year. |
(8) |
This performance stock award
was granted in the first quarter of 2021 and was earned based on
attainment of certain performance conditions. The award vests (25%)
on February 20, 2022, and will continue to vest quarterly over 3
years. A quarterly vest date is the first market trading day on or
after February 20, May 20, August 20, and November 20 of each
year. |
Reporting
Owners
|
Reporting Owner Name / Address |
Relationships
|
Director |
10% Owner |
Officer |
Other |
Ullal Jayshree
5453 GREAT AMERICA PARKWAY
SANTA CLARA, CA 95054 |
X |
|
President and CEO |
|
Signatures
|
By: Isabelle Bertin-Bailly, Attorney-in-Fact For:
Jayshree Ullal |
|
11/23/2022 |
**Signature of
Reporting Person |
Date |
Reminder: Report on a separate line for each class
of securities beneficially owned directly or
indirectly. |
* |
If the form is filed by more than one
reporting person, see Instruction 4(b)(v). |
** |
Intentional misstatements or omissions
of facts constitute Federal Criminal Violations. See 18
U.S.C. 1001 and 15 U.S.C. 78ff(a). |
Note: |
File three copies of this Form, one of
which must be manually signed. If space is insufficient, see
Instruction 6 for procedure. |
Persons who respond to the collection of information
contained in this form are not required to respond unless the form
displays a currently valid OMB control number. |
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