Filing Details

Accession Number:
0001596532-22-000306
Form Type:
4
Zero Holdings:
No
Publication Time:
2022-11-14 19:55:55
Reporting Period:
2022-11-10
Accepted Time:
2022-11-14 19:55:55
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1596532 Arista Networks Inc. ANET Computer Communications Equipment (3576) 201751121
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1605808 Kenneth Duda 5453 Great America Parkway
Santa Clara CA 95054
Cto And Svp Software Eng. No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2022-11-10 20,000 $7.67 23,244 No 4 M Direct
Common Stock Disposition 2022-11-10 8,838 $126.43 14,406 No 4 S Direct
Common Stock Disposition 2022-11-10 3,273 $127.37 11,133 No 4 S Direct
Common Stock Disposition 2022-11-10 6,444 $128.26 4,689 No 4 S Direct
Common Stock Disposition 2022-11-10 1,222 $129.23 3,467 No 4 S Direct
Common Stock Disposition 2022-11-10 223 $130.20 3,244 No 4 S Direct
Common Stock Disposition 2022-11-10 7,071 $126.43 378,237 No 4 S Indirect By Childrens' Trust
Common Stock Disposition 2022-11-10 2,618 $127.37 375,619 No 4 S Indirect By Childrens' Trust
Common Stock Disposition 2022-11-10 5,156 $128.26 370,463 No 4 S Indirect By Childrens' Trust
Common Stock Disposition 2022-11-10 978 $129.23 369,485 No 4 S Indirect By Childrens' Trust
Common Stock Disposition 2022-11-10 177 $130.20 369,308 No 4 S Indirect By Childrens' Trust
Common Stock Disposition 2022-11-10 1,400 $126.43 253,200 No 4 S Indirect By Foundation
Common Stock Disposition 2022-11-10 700 $127.32 252,500 No 4 S Indirect By Foundation
Common Stock Disposition 2022-11-10 1,065 $128.32 251,435 No 4 S Indirect By Foundation
Common Stock Disposition 2022-11-10 235 $129.37 251,200 No 4 S Indirect By Foundation
Common Stock Disposition 2022-11-10 100 $130.20 251,100 No 4 S Indirect By Foundation
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Direct
No 4 S Indirect By Childrens' Trust
No 4 S Indirect By Childrens' Trust
No 4 S Indirect By Childrens' Trust
No 4 S Indirect By Childrens' Trust
No 4 S Indirect By Childrens' Trust
No 4 S Indirect By Foundation
No 4 S Indirect By Foundation
No 4 S Indirect By Foundation
No 4 S Indirect By Foundation
No 4 S Indirect By Foundation
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Non-Qualified Stock Option (right to buy) Disposition 2022-11-10 20,000 $0.00 20,000 $7.67
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
260,000 2024-02-10 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 293,444 Indirect By GRAT JD
Common Stock 293,444 Indirect By GRAT KD
Common Stock 157,037 Indirect by Trust
Footnotes
  1. The exercise and/or sale of shares was effected pursuant to a Rule 10b5-1 trading plan entered into by the reporting person on March 14, 2022.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $125.86 to $126.83, 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.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $126.87 to $127.85, 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.
  4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $127.89 to $128.85, 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 $128.97 to $129.66, 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. These shares are held in multiple trusts 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.
  7. The sale of shares was effected pursuant to a Rule 10b5-1 trading plan entered into on December 13, 2021 by the reporting person's 501(c) Foundation, for which the reporting person and his spouse serve as co-trustee.
  8. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $125.88 to $126.85, 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. These shares are held by a 501(c) Foundation for which the reporting person and his spouse serve as co-trustee.
  10. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $126.89 to $127.88, 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.
  11. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $127.95 to $128.89, 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 $129.03 to $129.895, 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. Reporting person's spouse is the trustee of the Jennifer Duda Annuity Trusts.
  14. Reporting person is the trustee of the Kenneth Duda Annuity Trusts.
  15. 1/5th of the shares subject to the option vested and become exercisable on December 1, 2018 and 1/60th of the shares subject to the option shall vest monthly thereafter.