Filing Details

Accession Number:
0001596532-21-000018
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-01-12 19:18:02
Reporting Period:
2021-01-08
Accepted Time:
2021-01-12 19:18:02
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 2021-01-11 10,000 $3.33 18,695 No 4 M Direct
Common Stock Disposition 2021-01-11 800 $301.34 17,895 No 4 S Direct
Common Stock Disposition 2021-01-11 4,338 $302.42 13,557 No 4 S Direct
Common Stock Disposition 2021-01-11 3,962 $303.13 9,595 No 4 S Direct
Common Stock Disposition 2021-01-11 900 $303.89 8,695 No 4 S Direct
Common Stock Disposition 2021-01-11 77 $301.05 51,561 No 4 S Indirect By Childrens' Trust
Common Stock Disposition 2021-01-11 303 $302.31 51,258 No 4 S Indirect By Childrens' Trust
Common Stock Disposition 2021-01-11 363 $303.14 50,895 No 4 S Indirect By Childrens' Trust
Common Stock Disposition 2021-01-11 131 $303.87 50,764 No 4 S Indirect By Childrens' Trust
Common Stock Disposition 2021-01-11 21 $300.92 36,654 No 4 S Indirect By Foundation
Common Stock Disposition 2021-01-11 73 $302.34 36,581 No 4 S Indirect By Foundation
Common Stock Disposition 2021-01-11 89 $303.16 36,492 No 4 S Indirect By Foundation
Common Stock Disposition 2021-01-11 32 $303.91 36,460 No 4 S Indirect By Foundation
Common Stock Disposition 2021-01-08 5,655 $300.21 151,726 No 4 S Indirect By GRAT JD
Common Stock Disposition 2021-01-08 5,655 $300.15 151,726 No 4 S Indirect By GRAT KD
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 S Indirect By GRAT JD
No 4 S Indirect By GRAT KD
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 2021-01-11 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
10,000 2021-10-03 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 145,318 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 4, 2020.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $300.73 to $301.66, 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.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $301.73 to $302.71, 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 $302.73 to $303.70, 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 $303.75 to $304.17, 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 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.
  7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $300.56 to $301.29, 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. 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.
  9. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $301.66 to $302.65, 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.
  10. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $302.67 to $303.66, 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.
  11. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $303.68 to $304.18, 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 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.
  13. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $300.55 to $301.20, 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.
  14. These shares are held by a 501(c) Foundation for which the reporting person and his spouse serve as co-trustee.
  15. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $301.66 to $302.64, 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.
  16. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $302.67 to $303.66, 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.
  17. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $303.69 to $304.22, 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.
  18. The sale of shares was effected pursuant to a Rule 10b5-1 trading plan entered into by the reporting person's spouses GRAT on December 12, 2019.
  19. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $300.00 to $300.675, 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.
  20. Reporting person's spouse is the trustee of the Jennifer Duda Annuity Trusts.
  21. The sale of shares was effected pursuant to a Rule 10b5-1 trading plan entered into by the reporting person's GRAT on December 12, 2019.
  22. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $300.00 to $300.95, 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.
  23. Reporting person is the trustee of the Kenneth Duda Annuity Trusts.
  24. These shares are held by a family trust for which the reporting person is co-trustee.
  25. 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.