Key facts
- This page summarizes Kenneth Duda's Form 4 filing for Arista Networks, Inc. (ANET).
- 8 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 13 Jul 2022, 19:18.
Kenneth Duda - 11 Jul 2022 Form 4 Insider Report for Arista Networks, Inc. (ANET)
- Reporting relationship
- CTO and SVP Software Eng.
- Issuer ticker
- ANET
- Reported as of
- 11 Jul 2022
- Net transaction value
- -$3,886,832
- SEC form
- 4
- Accepted by SEC
- 13 Jul 2022, 19:18:44 UTC
- Prior SEC filing
- 14 Jun 2022
- Next SEC filing
- 12 Aug 2022
- Source filing
- View source filing
- Reporting owner signature
- By: Isabelle Bertin-Bailly, Attorney-in-Fact For: Kenneth Duda
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Kenneth Duda filed Form 4 for Arista Networks, Inc. (ANET) on 13 Jul 2022.
Change
- Previous filing in this sequence was filed on 14 Jun 2022.
- Current net transaction value: -$3,886,832.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
ANET
transaction
Common Stock
Options Exercise
- Transaction value
- $153,350
- Shares
- +20,000
- Change %
- +617%
- Price
- $7.67*
- Shares after
- 23,244
- Date
- 11 Jul 2022
- Ownership
- Direct
- Footnotes
- F1
ANET
transaction
Common Stock
Sale
- Transaction value
- $1,737,322
- Shares
- -17,000
- Change %
- -73%
- Price
- $102.20
- Shares after
- 6,244
- Date
- 11 Jul 2022
- Ownership
- Direct
- Footnotes
- F1, F2
ANET
transaction
Common Stock
Sale
- Transaction value
- $308,353
- Shares
- -3,000
- Change %
- -48%
- Price
- $102.78
- Shares after
- 3,244
- Date
- 11 Jul 2022
- Ownership
- Direct
- Footnotes
- F1, F3
ANET
transaction
Common Stock
Sale
- Transaction value
- $1,389,857
- Shares
- -13,600
- Change %
- -3%
- Price
- $102.20
- Shares after
- 435,708
- Date
- 11 Jul 2022
- Ownership
- By Childrens' Trust
- Footnotes
- F1, F2, F4
ANET
transaction
Common Stock
Sale
- Transaction value
- $246,682
- Shares
- -2,400
- Change %
- -0.55%
- Price
- $102.78
- Shares after
- 433,308
- Date
- 11 Jul 2022
- Ownership
- By Childrens' Trust
- Footnotes
- F1, F3, F4
ANET
transaction
Common Stock
Sale
- Transaction value
- $306,556
- Shares
- -3,000
- Change %
- -1.1%
- Price
- $102.19
- Shares after
- 265,600
- Date
- 11 Jul 2022
- Ownership
- By Foundation
- Footnotes
- F5, F6, F7
ANET
transaction
Common Stock
Sale
- Transaction value
- $51,412
- Shares
- -500
- Change %
- -0.19%
- Price
- $102.82
- Shares after
- 265,100
- Date
- 11 Jul 2022
- Ownership
- By Foundation
- Footnotes
- F5, F7, F8
ANET
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 354,000
- Date
- 11 Jul 2022
- Ownership
- By GRAT JD
- Footnotes
- F9
ANET
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 354,000
- Date
- 11 Jul 2022
- Ownership
- By GRAT KD
- Footnotes
- F10
ANET
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 28,855
- Date
- 11 Jul 2022
- Ownership
- by Trust
- Footnotes
- F11
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
ANET
transaction
Derivative
Non-Qualified Stock Option (right to buy)
Options Exercise
- Transaction value
- $0
- Shares
- -20,000
- Change %
- -5.6%
- Price
- $0.000000
- Shares after
- 340,000
- Date
- 11 Jul 2022
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 20,000
- Exercise price
- $7.67
- Footnotes
- F1, F12
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 12 footnotes
Footnote 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 14, 2022.
Footnote F2
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $101.66 to $102.64, 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.
Footnote F3
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $102.67 to $102.98, 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.
Footnote F4
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.
Footnote F5
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.
Footnote F6
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $101.70 to $102.68, 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.
Footnote F7
These shares are held by a 501(c) Foundation for which the reporting person and his spouse serve as co-trustee.
Footnote F8
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $102.76 to $102.95, 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.
Footnote F9
Reporting person's spouse is the trustee of the Jennifer Duda Annuity Trusts.
Footnote F10
Reporting person is the trustee of the Kenneth Duda Annuity Trusts.
Footnote F11
These shares are held by a family trust for which the reporting person is co-trustee.
Footnote F12
1/5th of the shares subject to the option vested and become exercisable on December 1, 2018 and 1/60th of the shares subject to the option shall vest monthly thereafter.