Kenneth Duda - Sep 6, 2024 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 6, 2024
Transactions value $
-$11,811,665
Form type
4
Date filed
9/10/2024, 07:11 PM
Previous filing
Aug 29, 2024
Next filing
Oct 9, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ANET Common Stock Options Exercise $342K +20K +616.52% $17.09 23.2K Sep 6, 2024 Direct F1
transaction ANET Common Stock Sale -$1.08M -3.45K -14.85% $313.66 19.8K Sep 6, 2024 Direct F1, F2
transaction ANET Common Stock Sale -$1.53M -4.86K -24.57% $314.57 14.9K Sep 6, 2024 Direct F1, F3
transaction ANET Common Stock Sale -$1.02M -3.25K -21.74% $315.53 11.7K Sep 6, 2024 Direct F1, F4
transaction ANET Common Stock Sale -$536K -1.7K -14.51% $316.48 9.99K Sep 6, 2024 Direct F1, F5
transaction ANET Common Stock Sale -$129K -405 -4.05% $317.52 9.58K Sep 6, 2024 Direct F1, F6
transaction ANET Common Stock Sale -$236K -739 -7.71% $318.71 8.85K Sep 6, 2024 Direct F1, F7
transaction ANET Common Stock Sale -$215K -672 -7.6% $320.20 8.17K Sep 6, 2024 Direct F1, F8
transaction ANET Common Stock Sale -$95K -296 -3.62% $320.84 7.88K Sep 6, 2024 Direct F1, F9
transaction ANET Common Stock Sale -$343K -1.07K -13.52% $322.21 6.81K Sep 6, 2024 Direct F1, F10
transaction ANET Common Stock Sale -$478K -1.48K -21.7% $323.14 5.33K Sep 6, 2024 Direct F1, F11
transaction ANET Common Stock Sale -$285K -878 -16.46% $324.38 4.46K Sep 6, 2024 Direct F1, F12
transaction ANET Common Stock Sale -$193K -594 -13.33% $325.21 3.86K Sep 6, 2024 Direct F1, F13
transaction ANET Common Stock Sale -$202K -618 -16% $327.12 3.24K Sep 6, 2024 Direct F1, F14
transaction ANET Common Stock Sale -$866K -2.76K -0.73% $313.66 374K Sep 6, 2024 By Childrens' Trust F2, F15, F16
transaction ANET Common Stock Sale -$1.22M -3.89K -1.04% $314.57 370K Sep 6, 2024 By Childrens' Trust F3, F15, F16
transaction ANET Common Stock Sale -$819K -2.6K -0.7% $315.53 367K Sep 6, 2024 By Childrens' Trust F4, F15, F16
transaction ANET Common Stock Sale -$429K -1.36K -0.37% $316.48 366K Sep 6, 2024 By Childrens' Trust F5, F15, F16
transaction ANET Common Stock Sale -$103K -324 -0.09% $317.52 366K Sep 6, 2024 By Childrens' Trust F6, F15, F16
transaction ANET Common Stock Sale -$188K -591 -0.16% $318.71 365K Sep 6, 2024 By Childrens' Trust F7, F15, F16
transaction ANET Common Stock Sale -$172K -537 -0.15% $320.20 365K Sep 6, 2024 By Childrens' Trust F8, F15, F16
transaction ANET Common Stock Sale -$76K -237 -0.07% $320.84 364K Sep 6, 2024 By Childrens' Trust F9, F15, F16
transaction ANET Common Stock Sale -$275K -852 -0.23% $322.21 364K Sep 6, 2024 By Childrens' Trust F10, F15, F16
transaction ANET Common Stock Sale -$382K -1.18K -0.33% $323.14 362K Sep 6, 2024 By Childrens' Trust F11, F15, F16
transaction ANET Common Stock Sale -$228K -703 -0.19% $324.38 362K Sep 6, 2024 By Childrens' Trust F12, F15, F16
transaction ANET Common Stock Sale -$154K -475 -0.13% $325.21 361K Sep 6, 2024 By Childrens' Trust F13, F15, F16
transaction ANET Common Stock Sale -$162K -495 -0.14% $327.12 361K Sep 6, 2024 By Childrens' Trust F14, F15, F16
transaction ANET Common Stock Sale -$216K -690 -0.37% $313.66 186K Sep 6, 2024 By Foundation F2, F17, F18
transaction ANET Common Stock Sale -$306K -972 -0.52% $314.57 185K Sep 6, 2024 By Foundation F3, F17, F18
transaction ANET Common Stock Sale -$205K -649 -0.35% $315.53 184K Sep 6, 2024 By Foundation F4, F17, F18
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

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 14, 2024.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $313.11 to $314.10, 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 $314.12 to $315.06, 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 $315.12 to $316.03, 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 $316.14 to $317.045, 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 $317.19 to $318.18, 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 $318.29 to $319.235, 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 $319.465 to $320.44, 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 $320.47 to $321.42, 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 $321.69 to $322.645, 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 price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $322.75 to $323.74, 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.
F12 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $323.75 to $324.70, 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 $324.78 to $325.49, 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 $326.86 to $327.24, 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.
F15 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 March 14, 2024.
F16 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.
F17 The sale of shares was effected pursuant to a Rule 10b5-1 trading plan entered into on March 14, 2024 by the reporting person's 501(c) Foundation, for which the reporting person and his spouse serve as co-trustee.
F18 These shares are held by a 501(c) Foundation for which the reporting person and his spouse serve as co-trustee.