Filing Details

Accession Number:
0001596532-21-000328
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-09-14 20:39:28
Reporting Period:
2021-09-10
Accepted Time:
2021-09-14 20:39:28
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 2021-09-10 10,000 $7.76 13,622 No 4 M Direct
Common Stock Disposition 2021-09-10 904 $351.75 12,718 No 4 S Direct
Common Stock Disposition 2021-09-10 1,137 $352.69 11,581 No 4 S Direct
Common Stock Disposition 2021-09-10 1,200 $353.99 10,381 No 4 S Direct
Common Stock Disposition 2021-09-10 2,367 $354.83 8,014 No 4 S Direct
Common Stock Disposition 2021-09-10 2,387 $355.95 5,627 No 4 S Direct
Common Stock Disposition 2021-09-10 705 $357.08 4,922 No 4 S Direct
Common Stock Disposition 2021-09-10 300 $358.12 4,622 No 4 S Direct
Common Stock Disposition 2021-09-10 700 $359.82 3,922 No 4 S Direct
Common Stock Disposition 2021-09-10 300 $361.21 3,622 No 4 S Direct
Common Stock Disposition 2021-09-10 1,278 $354.39 24,112 No 4 S Indirect By Childrens' Trust
Common Stock Disposition 2021-09-10 1,504 $355.88 22,608 No 4 S Indirect By Childrens' Trust
Common Stock Disposition 2021-09-10 400 $357.33 22,208 No 4 S Indirect By Childrens' Trust
Common Stock Disposition 2021-09-10 300 $358.30 21,908 No 4 S Indirect By Childrens' Trust
Common Stock Disposition 2021-09-10 600 $361.05 21,308 No 4 S Indirect By Childrens' Trust
Common Stock Acquisiton 2021-09-09 15,650 $0.00 58,350 No 5 G Indirect By Foundation
Common Stock Disposition 2021-09-10 43 $353.86 58,307 No 4 S Indirect By Foundation
Common Stock Disposition 2021-09-10 100 $354.88 58,207 No 4 S Indirect By Foundation
Common Stock Disposition 2021-09-10 89 $355.63 58,118 No 4 S Indirect By Foundation
Common Stock Disposition 2021-09-10 69 $357.29 58,049 No 4 S Indirect By Foundation
Common Stock Disposition 2021-09-10 20 $358.12 58,029 No 4 S Indirect By Foundation
Common Stock Disposition 2021-09-10 27 $359.05 58,002 No 4 S Indirect By Foundation
Common Stock Disposition 2021-09-10 51 $360.01 57,951 No 4 S Indirect By Foundation
Common Stock Disposition 2021-09-10 51 $360.98 57,900 No 4 S Indirect By Foundation
Common Stock Acquisiton 2021-09-10 45,000 $0.00 141,018 No 5 G Indirect By GRAT JD
Common Stock Acquisiton 2021-09-09 45,000 $0.00 141,018 No 5 G Indirect By GRAT KD
Common Stock Disposition 2021-09-09 45,000 $0.00 103,237 No 5 G Indirect by Trust
Common Stock Disposition 2021-09-09 15,650 $0.00 87,587 No 5 G Indirect by Trust
Common Stock Disposition 2021-09-09 4,396 $0.00 83,191 No 5 G Indirect by Trust
Common Stock Disposition 2021-09-10 45,000 $0.00 38,191 No 5 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 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 5 G 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
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 5 G Indirect By GRAT JD
No 5 G Indirect By GRAT KD
No 5 G Indirect by Trust
No 5 G Indirect by Trust
No 5 G Indirect by Trust
No 5 G Indirect by 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 2021-09-10 10,000 $0.00 0 $7.76
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
50,000 2023-03-10 No 4 M Direct
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 $351.36 to $352.285, 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 $352.38 to $353.13, 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 $353.43 to $354.355, 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 $354.44 to $355.43, 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 $355.45 to $356.445, 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 $356.485 to $357.435, 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 $357.87 to $358.35, 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $359.54 to $360.48, 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.
  10. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $361.07 to $361.46, 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 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 14, 2020.
  12. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $353.92 to $354.85, 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.
  13. 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.
  14. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $355.39 to $356.31, 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.
  15. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $356.68 to $357.61, 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 $357.68 to $358.65, 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.
  17. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $360.57 to $361.46, 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. These shares are held by a 501(c) Foundation for which the reporting person and his spouse serve as co-trustee.
  19. The sale of shares was effected pursuant to a Rule 10b5-1 trading plan entered into on December 14, 2020 by the reporting person's 501(c) Foundation, for which the reporting person and his spouse serve as co-trustee.
  20. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $353.38 to $354.28, 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.
  21. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $354.44 to $355.43, 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.
  22. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $355.45 to $356.37, 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.
  23. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $356.635 to $357.575, 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.
  24. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $357.66 to $358.65, 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.
  25. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $358.665 to $359.66, 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.
  26. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $359.74 to $360.54, 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.
  27. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $360.76 to $361.51, 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.
  28. Reporting person's spouse is the trustee of the Jennifer Duda Annuity Trusts.
  29. Reporting person is the trustee of the Kenneth Duda Annuity Trusts.
  30. These shares are held by a family trust for which the reporting person is co-trustee.
  31. 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.