Kenneth Duda - Mar 11, 2022 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
Mar 11, 2022
Transactions value $
-$410,713
Form type
4
Date filed
3/15/2022, 06:46 PM
Previous filing
Mar 11, 2022
Next filing
Apr 13, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ANET Common Stock Other $0 +261K +7345.44% $0.00 264K Mar 11, 2022 By Childrens' Trust F1, F2
transaction ANET Common Stock Sale -$149K -1.3K -0.46% $114.70 281K Mar 14, 2022 By Foundation F3, F4, F5
transaction ANET Common Stock Sale -$58.1K -500 -0.18% $116.11 281K Mar 14, 2022 By Foundation F3, F5, F6
transaction ANET Common Stock Sale -$35.3K -300 -0.11% $117.67 281K Mar 14, 2022 By Foundation F3, F5, F7
transaction ANET Common Stock Sale -$11.9K -100 -0.04% $118.57 280K Mar 14, 2022 By Foundation F3, F5
transaction ANET Common Stock Sale -$120K -1K -0.36% $120.10 279K Mar 14, 2022 By Foundation F3, F5, F8
transaction ANET Common Stock Sale -$36.3K -300 -0.11% $120.99 279K Mar 14, 2022 By Foundation F3, F5, F9
transaction ANET Common Stock Other $0 -191K -33.86% $0.00 373K Mar 11, 2022 By GRAT JD F10, F11
transaction ANET Common Stock Other $0 -191K -33.86% $0.00 373K Mar 11, 2022 By GRAT KD F12, F13
transaction ANET Common Stock Other $0 +121K +227.4% $0.00 174K Mar 11, 2022 by Trust F14, F15
holding ANET Common Stock 29.4K Mar 11, 2022 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an aggregate of 260,910 shares contributed from the GRAT of the Reporting Person (130,455 shares), and GRAT of the Reporting Person's spouse (130,455 shares) to the Children's Trusts.
F2 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.
F3 The sale of shares was effected pursuant to a Rule 10b5-1 trading plan entered into on December 13, 2021 by the reporting person's 501(c) Foundation, for which the reporting person and his spouse serve as co-trustee.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $114.25 to $115.17, 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 These shares are held by a 501(c) Foundation for which the reporting person and his spouse serve as co-trustee.
F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $115.57 to $116.50, 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 $117.32 to $118.22, 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 $119.75 to $120.36, 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 $120.77 to $121.24, 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 Represents an aggregate of 191,016 shares contributed from the GRAT of the Reporting Persons spouse to the Childrens Trust (130,455 shares), and to the family Trust (60,561 shares).
F11 Reporting person's spouse is the trustee of the Jennifer Duda Annuity Trusts.
F12 Represents an aggregate of 191,016 shares contributed from the GRAT of the Reporting Person to the Childrens Trust (130,455 shares), and to the family Trust (60,561 shares).
F13 Reporting person is the trustee of the Kenneth Duda Annuity Trusts.
F14 Represents an aggregate of 121,122 shares contributed from the GRAT of the Reporting Person (60,561 shares), and GRAT of the Reporting Person's spouse (60,561 shares) to the Family Trust.
F15 These shares are held by a family trust for which the reporting person is co-trustee.