Kenneth Duda - Sep 10, 2021 Form 4 Insider Report for Arista Networks, Inc. (ANET)

Signature
By: Isabelle Bertin-Bailly, Attorney-in-Fact For: Kenneth Duda
Stock symbol
ANET
Transactions as of
Sep 10, 2021
Transactions value $
-$5,090,983
Form type
4
Date filed
9/14/2021, 08:39 PM
Previous filing
Aug 24, 2021
Next filing
Oct 13, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ANET Common Stock Options Exercise $77.6K +10K +276.09% $7.76* 13.6K Sep 10, 2021 Direct F1
transaction ANET Common Stock Sale -$318K -904 -6.64% $351.75 12.7K Sep 10, 2021 Direct F1, F2
transaction ANET Common Stock Sale -$401K -1.14K -8.94% $352.69 11.6K Sep 10, 2021 Direct F1, F3
transaction ANET Common Stock Sale -$425K -1.2K -10.36% $353.99 10.4K Sep 10, 2021 Direct F1, F4
transaction ANET Common Stock Sale -$840K -2.37K -22.8% $354.83 8.01K Sep 10, 2021 Direct F1, F5
transaction ANET Common Stock Sale -$850K -2.39K -29.79% $355.95 5.63K Sep 10, 2021 Direct F1, F6
transaction ANET Common Stock Sale -$252K -705 -12.53% $357.08 4.92K Sep 10, 2021 Direct F1, F7
transaction ANET Common Stock Sale -$107K -300 -6.1% $358.12 4.62K Sep 10, 2021 Direct F1, F8
transaction ANET Common Stock Sale -$252K -700 -15.14% $359.82 3.92K Sep 10, 2021 Direct F1, F9
transaction ANET Common Stock Sale -$108K -300 -7.65% $361.21 3.62K Sep 10, 2021 Direct F1, F10
transaction ANET Common Stock Sale -$453K -1.28K -5.03% $354.39 24.1K Sep 10, 2021 By Childrens' Trust F11, F12, F13
transaction ANET Common Stock Sale -$535K -1.5K -6.24% $355.88 22.6K Sep 10, 2021 By Childrens' Trust F11, F13, F14
transaction ANET Common Stock Sale -$143K -400 -1.77% $357.33 22.2K Sep 10, 2021 By Childrens' Trust F11, F13, F15
transaction ANET Common Stock Sale -$107K -300 -1.35% $358.30 21.9K Sep 10, 2021 By Childrens' Trust F11, F13, F16
transaction ANET Common Stock Sale -$217K -600 -2.74% $361.05 21.3K Sep 10, 2021 By Childrens' Trust F11, F13, F17
transaction ANET Common Stock Gift $0 +15.7K +36.65% $0.00 58.4K Sep 9, 2021 By Foundation F18
transaction ANET Common Stock Sale -$15.2K -43 -0.07% $353.86 58.3K Sep 10, 2021 By Foundation F18, F19, F20
transaction ANET Common Stock Sale -$35.5K -100 -0.17% $354.88 58.2K Sep 10, 2021 By Foundation F18, F19, F21
transaction ANET Common Stock Sale -$31.7K -89 -0.15% $355.63 58.1K Sep 10, 2021 By Foundation F18, F19, F22
transaction ANET Common Stock Sale -$24.7K -69 -0.12% $357.29 58K Sep 10, 2021 By Foundation F18, F19, F23
transaction ANET Common Stock Sale -$7.16K -20 -0.03% $358.12 58K Sep 10, 2021 By Foundation F18, F19, F24
transaction ANET Common Stock Sale -$9.69K -27 -0.05% $359.05 58K Sep 10, 2021 By Foundation F18, F19, F25
transaction ANET Common Stock Sale -$18.4K -51 -0.09% $360.01 58K Sep 10, 2021 By Foundation F18, F19, F26
transaction ANET Common Stock Sale -$18.4K -51 -0.09% $360.98 57.9K Sep 10, 2021 By Foundation F18, F19, F27
transaction ANET Common Stock Gift $0 +45K +46.87% $0.00 141K Sep 10, 2021 By GRAT JD F28
transaction ANET Common Stock Gift $0 +45K +46.87% $0.00 141K Sep 9, 2021 By GRAT KD F29
transaction ANET Common Stock Gift $0 -45K -30.36% $0.00 103K Sep 9, 2021 by Trust F30
transaction ANET Common Stock Gift $0 -15.7K -15.16% $0.00 87.6K Sep 9, 2021 by Trust F30
transaction ANET Common Stock Gift $0 -4.4K -5.02% $0.00 83.2K Sep 9, 2021 by Trust F30
transaction ANET Common Stock Gift $0 -45K -54.09% $0.00 38.2K Sep 10, 2021 by Trust F30

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ANET Non-Qualified Stock Option (right to buy) Options Exercise $0 -10K -16.67% $0.00 50K Sep 10, 2021 Common Stock 0 $7.76 Direct F1, F31
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $351.36 to $352.285, 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.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $352.38 to $353.13, 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.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $353.43 to $354.355, 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.
F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $354.44 to $355.43, 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.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $355.45 to $356.445, 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.
F7 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $356.485 to $357.435, 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.
F8 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $357.87 to $358.35, 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.
F9 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $359.54 to $360.48, 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.
F10 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $361.07 to $361.46, 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.
F11 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.
F12 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $353.92 to $354.85, 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.
F13 These 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.
F14 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $355.39 to $356.31, 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.
F15 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $356.68 to $357.61, 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.
F16 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $357.68 to $358.65, 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.
F17 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $360.57 to $361.46, 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.
F18 These shares are held by a 501(c) Foundation for which the reporting person and his spouse serve as co-trustee.
F19 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.
F20 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $353.38 to $354.28, 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.
F21 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $354.44 to $355.43, 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.
F22 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $355.45 to $356.37, 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.
F23 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $356.635 to $357.575, 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.
F24 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $357.66 to $358.65, 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.
F25 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $358.665 to $359.66, 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.
F26 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $359.74 to $360.54, 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.
F27 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $360.76 to $361.51, 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.
F28 Reporting person's spouse is the trustee of the Jennifer Duda Annuity Trusts.
F29 Reporting person is the trustee of the Kenneth Duda Annuity Trusts.
F30 These shares are held by a family trust for which the reporting person is co-trustee.
F31 1/4th of the 100,000 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.