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Filing Details

Accession Number:: 0001596532-24-000267
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2024-07-10 18:06:50
Reporting Period:: 2024-07-08

Accepted Time:: 2024-07-10 18:06:50
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.	Yes	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	2024-07-08	20,000	$17.09	23,244	No	4	M	Direct
Common Stock	Disposition	2024-07-08	1,500	$366.68	21,744	No	4	S	Direct
Common Stock	Disposition	2024-07-08	550	$367.56	21,194	No	4	S	Direct
Common Stock	Disposition	2024-07-08	1,350	$369.27	19,844	No	4	S	Direct
Common Stock	Disposition	2024-07-08	4,799	$370.20	15,045	No	4	S	Direct
Common Stock	Disposition	2024-07-08	6,291	$371.12	8,754	No	4	S	Direct
Common Stock	Disposition	2024-07-08	3,810	$372.17	4,944	No	4	S	Direct
Common Stock	Disposition	2024-07-08	1,600	$372.92	3,344	No	4	S	Direct
Common Stock	Disposition	2024-07-08	100	$373.85	3,244	No	4	S	Direct
Common Stock	Disposition	2024-07-08	1,200	$366.68	407,450	No	4	S	Indirect	By Childrens' Trust
Common Stock	Disposition	2024-07-08	440	$367.56	407,010	No	4	S	Indirect	By Childrens' Trust
Common Stock	Disposition	2024-07-08	1,080	$369.27	405,930	No	4	S	Indirect	By Childrens' Trust
Common Stock	Disposition	2024-07-08	3,839	$370.20	402,091	No	4	S	Indirect	By Childrens' Trust
Common Stock	Disposition	2024-07-08	5,032	$371.12	397,059	No	4	S	Indirect	By Childrens' Trust
Common Stock	Disposition	2024-07-08	3,049	$372.17	394,010	No	4	S	Indirect	By Childrens' Trust
Common Stock	Disposition	2024-07-08	1,280	$372.92	392,730	No	4	S	Indirect	By Childrens' Trust
Common Stock	Disposition	2024-07-08	80	$373.85	392,650	No	4	S	Indirect	By Childrens' Trust
Common Stock	Disposition	2024-07-08	300	$366.68	194,300	No	4	S	Indirect	By Foundation
Common Stock	Disposition	2024-07-08	110	$367.56	194,190	No	4	S	Indirect	By Foundation
Common Stock	Disposition	2024-07-08	270	$369.27	193,920	No	4	S	Indirect	By Foundation
Common Stock	Disposition	2024-07-08	960	$370.20	192,960	No	4	S	Indirect	By Foundation
Common Stock	Disposition	2024-07-08	1,258	$371.12	191,702	No	4	S	Indirect	By Foundation
Common Stock	Disposition	2024-07-08	762	$372.17	190,940	No	4	S	Indirect	By Foundation
Common Stock	Disposition	2024-07-08	320	$372.92	190,620	No	4	S	Indirect	By Foundation
Common Stock	Disposition	2024-07-08	20	$373.85	190,600	No	4	S	Indirect	By Foundation

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	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	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 Foundation
No	4	S	Indirect	By Foundation
No	4	S	Indirect	By Foundation
No	4	S	Indirect	By Foundation

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	2024-07-08	20,000	$0.00	20,000	$17.09

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
80,000		2024-12-15	No	4	M	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	56,556	Indirect	By GRAT JD
Common Stock	56,556	Indirect	By GRAT KD
Common Stock	323,568	Indirect	by Trust

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 14, 2024.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $366.12 to $366.95, 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.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $367.20 to $368.00, 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 $368.70 to $369.56, 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 $369.70 to $370.68, 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 $370.71 to $371.70, 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.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $371.71 to $372.70, 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.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $372.73 to $373.33, 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 $373.78 to $373.92, 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.
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 March 14, 2024.
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 sale of shares was effected pursuant to a Rule 10b5-1 trading plan entered into on March 14, 2024 by the reporting person's 501(c) Foundation, for which the reporting person and his spouse serve as co-trustee.
These shares are held by a 501(c) Foundation for which the reporting person and his spouse serve as 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.
These shares are held by a family trust for which the reporting person is co-trustee.
1/5th of the shares subject to the option shall vested one year after December 1, 2016 and 1/60th of the shares subject to the option vested each month thereafter provided that the reporting person continues to be a service provider to the Issuer as of each vest date.