Kenneth Duda - Oct 11, 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
Oct 11, 2021
Transactions value $
-$5,391,768
Form type
4
Date filed
10/13/2021, 08:42 PM
Previous filing
Sep 14, 2021
Next filing
Nov 12, 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 Oct 11, 2021 Direct F1
transaction ANET Common Stock Sale -$186K -500 -3.67% $372.74 13.1K Oct 11, 2021 Direct F1, F2
transaction ANET Common Stock Sale -$209K -560 -4.27% $373.46 12.6K Oct 11, 2021 Direct F1, F3
transaction ANET Common Stock Sale -$502K -1.34K -10.67% $374.96 11.2K Oct 11, 2021 Direct F1, F4
transaction ANET Common Stock Sale -$451K -1.2K -10.69% $375.88 10K Oct 11, 2021 Direct F1, F5
transaction ANET Common Stock Sale -$909K -2.41K -24.05% $377.16 7.61K Oct 11, 2021 Direct F1, F6
transaction ANET Common Stock Sale -$1.28M -3.39K -44.53% $377.84 4.22K Oct 11, 2021 Direct F1, F7
transaction ANET Common Stock Sale -$227K -600 -14.21% $378.83 3.62K Oct 11, 2021 Direct F1, F8
transaction ANET Common Stock Sale -$187K -500 -2.35% $373.04 20.8K Oct 11, 2021 By Childrens' Trust F9, F10, F11
transaction ANET Common Stock Sale -$224K -600 -2.88% $373.91 20.2K Oct 11, 2021 By Childrens' Trust F9, F11, F12
transaction ANET Common Stock Sale -$300K -800 -3.96% $375.28 19.4K Oct 11, 2021 By Childrens' Trust F9, F11, F13
transaction ANET Common Stock Sale -$263K -700 -3.61% $376.06 18.7K Oct 11, 2021 By Childrens' Trust F9, F11, F14
transaction ANET Common Stock Sale -$377K -1K -5.35% $377.28 17.7K Oct 11, 2021 By Childrens' Trust F9, F11, F15
transaction ANET Common Stock Sale -$167K -442 -2.5% $377.99 17.3K Oct 11, 2021 By Childrens' Trust F9, F11, F16
transaction ANET Common Stock Sale -$15.9K -42 -0.24% $379.01 17.2K Oct 11, 2021 By Childrens' Trust F9, F11
transaction ANET Common Stock Sale -$8.93K -24 -0.04% $372.15 57.9K Oct 11, 2021 By Foundation F17, F18, F19
transaction ANET Common Stock Sale -$34.4K -92 -0.16% $373.46 57.8K Oct 11, 2021 By Foundation F17, F19, F20
transaction ANET Common Stock Sale -$49.8K -133 -0.23% $374.78 57.7K Oct 11, 2021 By Foundation F17, F19, F21
transaction ANET Common Stock Sale -$66.5K -177 -0.31% $375.65 57.5K Oct 11, 2021 By Foundation F17, F19, F22
transaction ANET Common Stock Sale -$9.03K -24 -0.04% $376.12 57.5K Oct 11, 2021 By Foundation F17, F19, F23
holding ANET Common Stock 141K Oct 11, 2021 By GRAT JD F24
holding ANET Common Stock 141K Oct 11, 2021 By GRAT KD F25
holding ANET Common Stock 38.2K Oct 11, 2021 by Trust F26

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 -20% $0.00 40K Oct 11, 2021 Common Stock 10K $7.76 Direct F1, F27
* 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 $372.31 to $373.28, 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.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $373.32 to $373.99, 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 $374.50 to $375.475, 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 $375.51 to $376.15, 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 $376.51 to $377.50, 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 $377.51 to $378.46, 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.
F8 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $378.62 to $379.07, 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 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.
F10 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $372.45 to $373.435, 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.
F11 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.
F12 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $373.52 to $374.00, 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.
F13 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $374.675 to $375.67, 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.
F14 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $375.70 to $376.665, 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 $376.78 to $377.58, 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 $377.86 to $378.85, 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.
F17 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.
F18 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $371.82 to $372.65, 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.
F19 These shares are held by a 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 $373.00 to $373.99, 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 $374.08 to $375.05, 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 $375.08 to $376.07, 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 $376.08 to $376.19, 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 Reporting person's spouse is the trustee of the Jennifer Duda Annuity Trusts.
F25 Reporting person is the trustee of the Kenneth Duda Annuity Trusts.
F26 These shares are held by a family trust for which the reporting person is co-trustee.
F27 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.