SEC Form 4 · accession 0001596532-18-000270
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
Dec 10, 2018
Accepted (ET)
Dec 12, 2018 · 8:12 pm EST
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 StockF2,F3 | Dec 10, 2018 | S | 500 | $223.67 | D | 809,068 | I | by Trust |
| Common StockF4,F3 | Dec 10, 2018 | S | 1,500 | $224.904 | D | 807,568 | I | by Trust |
| Common StockF5,F3 | Dec 10, 2018 | S | 1,189 | $225.9807 | D | 806,379 | I | by Trust |
| Common StockF6,F3 | Dec 10, 2018 | S | 900 | $227.0044 | D | 805,479 | I | by Trust |
| Common StockF7,F3 | Dec 10, 2018 | S | 1,700 | $228.1153 | D | 803,779 | I | by Trust |
| Common StockF8,F3 | Dec 10, 2018 | S | 2,800 | $228.9339 | D | 800,979 | I | by Trust |
| Common StockF9,F3 | Dec 10, 2018 | S | 1,811 | $229.9697 | D | 799,168 | I | by Trust |
| Common StockF10,F3 | Dec 10, 2018 | S | 500 | $230.874 | D | 798,668 | I | by Trust |
| Common StockF3 | Dec 10, 2018 | S | 100 | $231.73 | D | 798,568 | I | by Trust |
| Common Stock | holding | — | — | — | 3,483 | D | ||
| Common StockF11 | holding | — | — | — | 470 | I | By Childrens' Trust | |
| Common StockF12 | holding | — | — | — | 110,000 | I | By GRAT JD | |
| Common StockF13 | holding | — | — | — | 110,000 | I | By GRAT KD |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The sale of shares was effected pursuant to a Rule 10b5-1 trading plan entered into by the reporting person on March 2, 2018.
- F10The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $230.67 to $231.15, inclusive. The reporting person undertakes to provide 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.
- F11These 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.
- F12Reporting persons spouse is the trustee of the Jennifer Duda 2017 Annuity Trust.
- F13Reporting person is the trustee of the Kenneth Duda 2017 Annuity Trust.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $223.33 to $223.85, inclusive. The reporting person undertakes to provide 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.
- F3These shares are held by a family trust for which the reporting person is a trustee.
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $224.50 to $225.40, inclusive. The reporting person undertakes to provide 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.
- F5The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $225.51 to $226.46, inclusive. The reporting person undertakes to provide 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.
- F6The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $226.57 to $227.43, inclusive. The reporting person undertakes to provide 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.
- F7The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $227.64 to $228.63, inclusive. The reporting person undertakes to provide 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.
- F8The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $228.64 to $229.60, inclusive. The reporting person undertakes to provide 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.
- F9The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $229.64 to $230.62, inclusive. The reporting person undertakes to provide 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.