SEC Form 4 · accession 0001596532-19-000069
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
Mar 11, 2019
Accepted (ET)
Mar 13, 2019 · 9:40 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 StockF2 | Mar 11, 2019 | S | 200 | $275.23 | D | 70,270 | I | By Childrens' Trust |
| Common StockF3,F2 | Mar 11, 2019 | S | 400 | $278.415 | D | 69,870 | I | By Childrens' Trust |
| Common StockF4,F2 | Mar 11, 2019 | S | 274 | $282.6688 | D | 69,596 | I | By Childrens' Trust |
| Common StockF2 | Mar 11, 2019 | G | 172 | $0.00 | A | 69,768 | I | By Childrens' Trust |
| Common StockF6,F7 | Mar 11, 2019 | S | 400 | $275.7325 | D | 404,127 | I | by Trust |
| Common StockF7 | Mar 11, 2019 | S | 100 | $276.25 | D | 404,027 | I | by Trust |
| Common StockF8,F7 | Mar 11, 2019 | S | 1,512 | $278.6936 | D | 402,515 | I | by Trust |
| Common StockF9,F7 | Mar 11, 2019 | S | 1,600 | $279.3763 | D | 400,915 | I | by Trust |
| Common StockF10,F7 | Mar 11, 2019 | S | 1,700 | $281.1441 | D | 399,215 | I | by Trust |
| Common StockF11,F7 | Mar 11, 2019 | S | 4,788 | $281.9825 | D | 394,427 | I | by Trust |
| Common StockF12,F7 | Mar 11, 2019 | S | 900 | $282.8733 | D | 393,527 | I | by Trust |
| Common StockF7 | Mar 11, 2019 | G | 172 | $0.00 | D | 393,355 | I | by Trust |
| Common Stock | holding | — | — | — | 4,545 | D | ||
| Common StockF13 | holding | — | — | — | 260,053 | I | By GRAT JD | |
| Common StockF14 | holding | — | — | — | 260,053 | 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 for the benefit of the reporting persons children on December 12, 2018.
- F10The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $280.55 to $281.52, 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.
- F11The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $281.56 to $282.54, 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.
- F12The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $282.60 to $283.45, 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.
- F13Reporting person's spouse is the trustee of the Jennifer Duda Annuity Trusts.
- F14Reporting person is the trustee of the Kenneth Duda Annuity Trusts.
- F2These shares are held in multiple trusts 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.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $278.41 to $278.42, 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.
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $282.26 to $282.82, 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 sale of shares was effected pursuant to a Rule 10b5-1 trading plan entered into by the reporting person on March 2, 2018.
- F6The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $275.23 to $276.11, 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.
- F7These shares are held by a family trust for which the reporting person is a trustee.
- F8The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $278.00 to $278.97, 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 $279.10 to $280.03, 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.