SEC FORM 4

SEC Form 4

FORM 4

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
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Duda Kenneth

(Last)

(First)

(Middle)

5453 GREAT AMERICA PARKWAY

(Street)

SANTA CLARA

95054

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
Arista Networks, Inc. [ ANET ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	CTO and SVP Software Eng.

3. Date of Earliest Transaction (Month/Day/Year)
12/13/2018

4. If Amendment, Date of Original Filed (Month/Day/Year)

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. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	12/10/2018		G	V	70,000	A	$0.0	70,470	I	By Childrens' Trust⁽¹⁾
Common Stock	12/10/2018		G	V	200,000	A	$0.0	310,000	I	By GRAT JD⁽²⁾
Common Stock	12/13/2018		J⁽³⁾		49,947	D	$0.0	260,053	I	By GRAT JD⁽⁴⁾
Common Stock	12/10/2018		G	V	200,000	A	$0.0	310,000	I	By GRAT KD⁽⁵⁾
Common Stock	12/13/2018		J⁽⁶⁾		49,947	D	$0.0	260,053	I	By GRAT KD⁽⁷⁾
Common Stock	12/10/2018		G	V	470,000⁽⁸⁾	D	$0.0	328,568	I	by Trust⁽⁹⁾
Common Stock	12/11/2018		G	V	1,935	D	$0.0	326,633	I	by Trust⁽⁹⁾
Common Stock	12/13/2018		J⁽¹⁰⁾		99,894	A	$0.0	426,527	I	by Trust⁽⁹⁾
Common Stock								3,483	D

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 (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	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 (Month/Day/Year)		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: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. 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.

2. Reporting person's spouse is the trustee of the Jennifer Duda Annuity Trusts.

3. Annuity payment from GRAT JD 2017 to Trust.

4. Reporting persons spouse is the trustee of the Jennifer Duda 2017 Annuity Trust.

5. Reporting person is the trustee of the Kenneth Duda Annuity Trusts.

6. Annuity payment from JD 2017 to Trust

7. Reporting person is the trustee of the Kenneth Duda 2017 Annuity Trust.

8. Represents a gift total of 470,000 shares; 200,000 shares contributed to each of the Jennifer Duda 2018 Annuity Trust and the Kenneth Duda 2018 Annuity Trust, grantor retained annuity trusts, and 70,000 shares gifted to the Children's Trusts

9. These shares are held by a family trust for which the reporting person is a trustee.

10. Represents an aggregate of 99,894 shares transferred by GRAT of the Reporting Person, and GRAT of the Reporting Person's spouse to the family Trust.

	By: Isabelle Bertin-Bailly, Attorney-in-Fact For: Kenneth Duda	12/17/2018
	** 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 Number.