Home > Insider Trading > Filing (0001596532-20-000304)

Filing Details

Accession Number:: 0001596532-20-000304
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2020-12-14 21:56:09
Reporting Period:: 2020-12-10

Accepted Time:: 2020-12-14 21:56:09
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

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Stock	Acquisiton	2020-12-10	10,000	$3.33	18,695	No	4	M	Direct
Common Stock	Disposition	2020-12-10	1,424	$274.95	17,271	No	4	S	Direct
Common Stock	Disposition	2020-12-10	4,776	$275.80	12,495	No	4	S	Direct
Common Stock	Disposition	2020-12-10	2,400	$276.88	10,095	No	4	S	Direct
Common Stock	Disposition	2020-12-10	1,400	$277.64	8,695	No	4	S	Direct
Common Stock	Disposition	2020-12-10	108	$275.14	52,406	No	4	S	Indirect	By Childrens' Trust
Common Stock	Disposition	2020-12-10	309	$276.26	52,097	No	4	S	Indirect	By Childrens' Trust
Common Stock	Disposition	2020-12-10	415	$277.32	51,682	No	4	S	Indirect	By Childrens' Trust
Common Stock	Disposition	2020-12-10	44	$277.97	51,638	No	4	S	Indirect	By Childrens' Trust
Common Stock	Disposition	2020-12-10	22	$275.09	22,268	No	4	S	Indirect	By Foundation
Common Stock	Disposition	2020-12-10	80	$276.23	22,188	No	4	S	Indirect	By Foundation
Common Stock	Disposition	2020-12-10	103	$277.36	22,085	No	4	S	Indirect	By Foundation
Common Stock	Disposition	2020-12-10	10	$277.97	22,075	No	4	S	Indirect	By Foundation
Common Stock	Acquisiton	2020-12-14	14,600	$0.00	36,675	No	4	G	Indirect	By Foundation
Common Stock	Disposition	2020-12-11	83,944	$0.00	180,000	No	4	J	Indirect	By GRAT JD
Common Stock	Disposition	2020-12-11	22,619	$0.00	157,381	No	4	J	Indirect	By GRAT JD
Common Stock	Disposition	2020-12-11	83,944	$0.00	180,000	No	4	J	Indirect	By GRAT KD
Common Stock	Disposition	2020-12-11	22,619	$0.00	157,381	No	4	J	Indirect	By GRAT KD
Common Stock	Acquisiton	2020-12-11	213,126	$0.00	272,982	No	4	J	Indirect	by Trust
Common Stock	Disposition	2020-12-11	108,000	$0.00	164,982	No	4	S	Indirect	by Trust
Common Stock	Disposition	2020-12-14	14,600	$0.00	150,382	No	4	G	Indirect	by Trust
Common Stock	Disposition	2020-12-14	8,000	$0.00	142,382	No	4	G	Indirect	by 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	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	G	Indirect	By Foundation
No	4	J	Indirect	By GRAT JD
No	4	J	Indirect	By GRAT JD
No	4	J	Indirect	By GRAT KD
No	4	J	Indirect	By GRAT KD
No	4	J	Indirect	by Trust
No	4	S	Indirect	by Trust
No	4	G	Indirect	by Trust
No	4	G	Indirect	by Trust

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Non-Qualified Stock Option (right to buy)	Disposition	2020-12-10	10,000	$0.00	10,000	$3.33

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
20,000		2021-10-03	No	4	M	Direct

Footnotes

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 4, 2020.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $274.32 to $275.27, 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.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $275.33 to $276.30, 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.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $276.34 to $277.33, 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.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $277.42 to $277.89, 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.
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 December 9, 2019.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $274.83 to $275.80, 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.
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.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $275.84 to $276.83, 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.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $276.85 to $277.84, 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.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $277.87 to $278.25, 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.
The sale of shares was effected pursuant to a Rule 10b5-1 trading plan entered into on December 12, 2019 by the reporting person's 501(c) Foundation, for which the reporting person and his spouse serve as co-trustee.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $274.83 to $275.75, 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.
These shares are held by a 501(c) Foundation for which the reporting person and his spouse serve as co-trustee.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $275.84 to $276.83, 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.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $276.85 to $277.84, 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.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $277.87 to $278.19, 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.
Annuity payment from GRAT JD 2018 to Trust
Reporting person's spouse is the trustee of the Jennifer Duda Annuity Trusts.
Annuity payment from GRAT JD 2019 to Trust
Reporting person is the trustee of the Kenneth Duda 2018 Annuity Trust.
Reporting person is the trustee of the Kenneth Duda Annuity Trusts.
Annuity payment from GRAT KD 2019 to Trust
Represents an aggregate of 213,126 shares transferred by the GRAT of the reporting person (106,563) and the GRAT of the reporting person's spouse (106,563) to the Familiy Trust
These shares are held by a family trust for which the reporting person is co-trustee.
The Reporting Person contributed 108,000 shares to an exchange fund in connection with the Reporting Person's subscription to such exchange fund.
1/4th of the 100,000 shares subject to the option vested and became exercisable on September 30, 2013 and 1/48th of the shares subject to the option vested each month thereafter.