Filing Details

Accession Number:
0001596532-21-000163
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-05-14 18:41:23
Reporting Period:
2021-05-12
Accepted Time:
2021-05-14 18:41:23
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 2021-05-12 10,000 $7.76 10,811 No 4 M Direct
Common Stock Disposition 2021-05-12 1,700 $315.46 9,111 No 4 S Direct
Common Stock Disposition 2021-05-12 3,298 $316.30 5,813 No 4 S Direct
Common Stock Disposition 2021-05-12 1,005 $317.24 4,808 No 4 S Direct
Common Stock Disposition 2021-05-12 1,397 $318.35 3,411 No 4 S Direct
Common Stock Disposition 2021-05-12 1,300 $319.47 2,111 No 4 S Direct
Common Stock Disposition 2021-05-12 400 $320.43 1,711 No 4 S Direct
Common Stock Disposition 2021-05-12 700 $321.91 1,011 No 4 S Direct
Common Stock Disposition 2021-05-12 200 $322.74 811 No 4 S Direct
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 Direct
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 2021-05-12 10,000 $0.00 10,000 $7.76
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
90,000 2023-03-10 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 37,640 Indirect By Childrens' Trust
Common Stock 29,900 Indirect By Foundation
Common Stock 123,825 Indirect By GRAT JD
Common Stock 123,825 Indirect By GRAT KD
Common Stock 126,265 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 12, 2021.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $314.80 to $315.78, 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 $315.82 to $316.81, 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 $316.89 to $317.81, 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 ofshares 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 $317.93 to $318.85, 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.
  6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $319.06 to $319.92, 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 $320.15 to $320.99, 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 $321.57 to $322.37, 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 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.
  10. These shares are held by a 501(c) Foundation for which the reporting person and his spouse serve as co-trustee.
  11. Reporting person's spouse is the trustee of the Jennifer Duda Annuity Trusts.
  12. Reporting person is the trustee of the Kenneth Duda Annuity Trusts.
  13. These shares are held by a family trust for which the reporting person is co-trustee.
  14. 1/4th of the 100,000 shares subject to the option vested and became exercisable on December 1, 2016 and 1/48th of the shares subject to the option vested each month thereafter.