Kenneth Duda - May 10, 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
May 10, 2022
Transactions value $
-$366,849
Form type
4
Date filed
5/12/2022, 08:55 PM
Previous filing
Apr 13, 2022
Next filing
May 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ANET Common Stock Sale -$92.9K -900 -0.33% $103.24 275K May 10, 2022 By Foundation F1, F2, F3
transaction ANET Common Stock Sale -$52.1K -500 -0.18% $104.21 274K May 10, 2022 By Foundation F1, F3, F4
transaction ANET Common Stock Sale -$126K -1.2K -0.44% $105.32 273K May 10, 2022 By Foundation F1, F3, F5
transaction ANET Common Stock Sale -$95.4K -900 -0.33% $106.05 272K May 10, 2022 By Foundation F1, F3, F6
holding ANET Common Stock 29.4K May 10, 2022 Direct
holding ANET Common Stock 264K May 10, 2022 By Childrens' Trust F7
holding ANET Common Stock 373K May 10, 2022 By GRAT JD F8
holding ANET Common Stock 373K May 10, 2022 By GRAT KD F9
holding ANET Common Stock 174K May 10, 2022 by Trust F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $102.75 to $103.62, 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 These shares are held by a 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 $103.82 to $104.77, 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 $104.84 to $105.79, 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 $105.88 to $106.26, 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 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.
F8 Reporting person's spouse is the trustee of the Jennifer Duda Annuity Trusts.
F9 Reporting person is the trustee of the Kenneth Duda Annuity Trusts.
F10 These shares are held by a family trust for which the reporting person is co-trustee.