Sec Form 13G Filing - Ullal Jayshree filing for Arista Networks Inc. (ANET) - 2020-02-04

The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

Names of Reporting Persons.

Jayshree Ullal

Check the Appropriate Box if a Member of a Group (See Instructions)

(a)  ☐        (b)  ☒

SEC Use Only

Citizenship or Place of Organization

United States of America

Number of   Shares Beneficially   Owned by   Each   Reporting   Person  

With:  

Sole Voting Power

15,434 shares (See Item 4(a) below)

Shared Voting Power

3,689,709 shares (See Item 4(a) below)

Sole Dispositive Power

15,434 shares (See Item 4(a) below)

Shared Dispositive Power

3,689,709 shares (See Item 4(a) below)

Aggregate Amount Beneficially Owned by Each Reporting Person

3,705,143 (See Item 4(a) below)

Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)

Percent of Class Represented by Amount in Row (9)

4.85%

Type of Reporting Person (See Instructions)

IN

Name of Issuer:

Address of Issuer’s Principal Executive Offices:

of Person Filing; Address of Principal Business Office or, if none, Residence; Citizenship

Title of Class of Securities:

CUSIP Number:

If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a:

Ownership.

Amount beneficially owned: 3,705,143 shares which includes (i) 15,434 shares held directly by Ms. Ullal, (ii) 2,252,564 shares held by the 2000 Ullal Trust dated February 15, 2000 for which Ms. Ullal is a co-trustee, claims beneficial ownership and exercises voting and investment control, (iii) an aggregate of 1,378,000 shares held by trusts for the benefit of the children of Ms. Ullal, for which she exercises voting and investment control but disclaims beneficial ownership, (iv) an aggregate of 10,000 shares held by trusts for the benefit of relatives of Ms. Ullal, for which she exercises voting and investment control but disclaims beneficial ownership, and (v) restricted stock units and options to purchase an aggregate of 49,145 shares of common stock held by Ms. Ullal that are exercisable within 60 days of December 31, 2019. Certain of the outstanding options held by Ms. Ullal are early exercisable and to the extent such options are exercised prior to vesting, any unvested shares will remain subject to a right of repurchase held by the Issuer.

Percent of class: 4.85% (percentage ownership is calculated based on 76,399,052 shares outstanding as of October 25, 2019 as reported on the Issuer’s Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on November 1, 2019, and assumes that the 49,145 shares of common stock underlying the stock options and restricted stock units are deemed outstanding pursuant to SEC Rule 13d-3(d)(1)(i)).

Number of shares as to which the person has:

Sole power to vote or to direct the vote: 15,434 shares (See item 4(a) above).

Shared power to vote or to direct the vote: 3,705,143 shares (See item 4(a) above).

Sole power to dispose or to direct the disposition of: 15,434 shares (See item 4(a) above).

Shared power to dispose or to direct the disposition of: 3,705,143 shares (See item 4(a) above).

Ownership of Five Percent or Less of a Class.

Ownership of More than Five Percent on Behalf of Another Person.

Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person.

Identification and Classification of Members of the Group.

Notice of Dissolution of Group.

Certifications.