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Filing Details

Accession Number:: 0001596532-21-000441
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2021-12-14 20:46:58
Reporting Period:: 2021-12-10

Accepted Time:: 2021-12-14 20:46:58
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	2021-12-10	40,000	$1.94	60,117	No	4	M	Direct
Common Stock	Disposition	2021-12-10	17,300	$129.48	42,817	No	4	S	Direct
Common Stock	Disposition	2021-12-10	17,867	$130.24	24,950	No	4	S	Direct
Common Stock	Disposition	2021-12-10	4,833	$130.97	20,117	No	4	S	Direct
Common Stock	Disposition	2021-12-10	7,200	$129.50	45,360	No	4	S	Indirect	By Childrens' Trust
Common Stock	Disposition	2021-12-10	7,504	$130.27	37,856	No	4	S	Indirect	By Childrens' Trust
Common Stock	Disposition	2021-12-10	1,632	$130.96	36,224	No	4	S	Indirect	By Childrens' Trust
Common Stock	Disposition	2021-12-10	1,000	$129.60	227,000	No	4	S	Indirect	By Foundation
Common Stock	Disposition	2021-12-10	600	$130.24	226,400	No	4	S	Indirect	By Foundation
Common Stock	Disposition	2021-12-10	200	$130.94	226,200	No	4	S	Indirect	By Foundation
Common Stock	Acquisiton	2021-12-10	60,000	$0.00	286,200	No	5	G	Indirect	By Foundation
Common Stock	Disposition	2021-12-10	39,500	$0.00	113,264	No	5	G	Indirect	by Trust
Common Stock	Disposition	2021-12-10	60,000	$0.00	53,264	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	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	5	G	Indirect	By Foundation
No	5	G	Indirect	by Trust
No	5	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	2021-12-10	40,000	$0.00	40,000	$1.94

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
80,000		2023-03-10	No	4	M	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	564,072	Indirect	By GRAT JD
Common Stock	564,072	Indirect	By GRAT KD

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 12, 2021.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $128.83 to $129.825, 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 $129.83 to $130.82, 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 $130.83 to $131.185, 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 14, 2020.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $128.88 to $129.86, 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 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.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $129.88 to $130.875, 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 $130.88 to $131.095, 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 14, 2020 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 $128.92 to $129.90, 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 $129.93 to $130.69, 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 $130.93 to $130.95, 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.
These shares are held by a family trust for which the reporting person is co-trustee.
Reporting person's spouse is the trustee of the Jennifer Duda Annuity Trusts.
Reporting person is the trustee of the Kenneth Duda Annuity Trusts.
1/4th of the 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.