Filing Details

Accession Number:
0001596532-24-000147
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-04-12 18:57:44
Reporting Period:
2024-04-10
Accepted Time:
2024-04-12 18:57:44
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. Yes 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 2024-04-10 20,000 $17.09 23,244 No 4 M Direct
Common Stock Disposition 2024-04-10 4,537 $288.18 18,707 No 4 S Direct
Common Stock Disposition 2024-04-10 5,609 $289.06 13,098 No 4 S Direct
Common Stock Disposition 2024-04-10 3,311 $290.02 9,787 No 4 S Direct
Common Stock Disposition 2024-04-10 1,736 $291.11 8,051 No 4 S Direct
Common Stock Disposition 2024-04-10 2,852 $292.04 5,199 No 4 S Direct
Common Stock Disposition 2024-04-10 1,510 $293.16 3,689 No 4 S Direct
Common Stock Disposition 2024-04-10 445 $294.09 3,244 No 4 S Direct
Common Stock Disposition 2024-04-10 3,630 $288.18 255,638 No 4 S Indirect By Childrens' Trust
Common Stock Disposition 2024-04-10 4,487 $289.06 251,151 No 4 S Indirect By Childrens' Trust
Common Stock Disposition 2024-04-10 2,649 $290.02 248,502 No 4 S Indirect By Childrens' Trust
Common Stock Disposition 2024-04-10 1,389 $291.11 247,113 No 4 S Indirect By Childrens' Trust
Common Stock Disposition 2024-04-10 2,282 $292.04 244,831 No 4 S Indirect By Childrens' Trust
Common Stock Disposition 2024-04-10 1,208 $293.16 243,623 No 4 S Indirect By Childrens' Trust
Common Stock Disposition 2024-04-10 355 $294.09 243,268 No 4 S Indirect By Childrens' Trust
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 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 Childrens' Trust
No 4 S Indirect By Childrens' Trust
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 2024-04-10 20,000 $0.00 20,000 $17.09
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
120,000 2024-12-15 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 198,600 Indirect By Foundation
Common Stock 180,558 Indirect By GRAT JD
Common Stock 180,558 Indirect By GRAT KD
Common Stock 268,098 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 February 24, 2023.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $287.575 to $288.565, 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 $288.575 to $289.54, 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 $289.59 to $290.48, 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 $290.59 to $291.55, 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 $291.59 to $292.56, 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 $292.67 to $293.55, 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 $293.68 to $294.35, 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 sale of shares was effected pursuant to a Rule 10b5-1 trading plan entered into by the reporting person for the benefit of the reporting person's children on February 24, 2023.
  10. These shares are held in a trust for the benefit of a Child 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.
  11. These shares are held by a 501(c) Foundation for which the reporting person and his spouse serve as co-trustee.
  12. Reporting person's spouse is the trustee of the Jennifer Duda Annuity Trusts.
  13. Reporting person is the trustee of the Kenneth Duda Annuity Trusts.
  14. These shares are held by a family trust for which the reporting person is co-trustee.
  15. 1/5th of the shares subject to the option shall vested one year after December 1, 2016 and 1/60th of the shares subject to the option vested each month thereafter provided that the reporting person continues to be a service provider to the Issuer as of each vest date.