SEC Form 4 · accession 0001596532-16-000293
Arista Networks, Inc. · ANET
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kenneth Duda
Officer — CTO and SVP Software Eng.
Period of report
Aug 8, 2016
Accepted (ET)
Aug 10, 2016 · 6:51 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001596532
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | May 17, 2016 | G | 8,000 | $0.00 | D | 420 | D | |
| Common StockF3,F1,F4 | Aug 8, 2016 | S | 13,938 | $72.1998 | D | 1,544,233 | I | by Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Ownership of 8,420 shares has been changed from indirect by Trust to direct to properly reflect the ownership of the shares by the reporting person.
- F2The sale of shares was effected pursuant to a Rule 10b5-1 trading plan entered into by the reporting person on December 14, 2015.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $71.86 to $72.65, 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.
- F4These shares are held by a family trust for which the reporting person is a co-trustee.