0001596532-22-000279.txt : 20221012 0001596532-22-000279.hdr.sgml : 20221012 20221012193544 ACCESSION NUMBER: 0001596532-22-000279 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20221010 FILED AS OF DATE: 20221012 DATE AS OF CHANGE: 20221012 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Duda Kenneth CENTRAL INDEX KEY: 0001605808 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36468 FILM NUMBER: 221307758 MAIL ADDRESS: STREET 1: C/O ARISTA NETWORKS, INC. STREET 2: 5453 GREAT AMERICA PARKWAY CITY: SANTA CLARA STATE: CA ZIP: 95054 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Arista Networks, Inc. CENTRAL INDEX KEY: 0001596532 STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER COMMUNICATIONS EQUIPMENT [3576] IRS NUMBER: 201751121 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 5453 GREAT AMERICA PARKWAY CITY: SANTA CLARA STATE: CA ZIP: 95054 BUSINESS PHONE: 408-547-5500 MAIL ADDRESS: STREET 1: 5453 GREAT AMERICA PARKWAY CITY: SANTA CLARA STATE: CA ZIP: 95054 4 1 edgardoc.xml PRIMARY DOCUMENT X0306 4 2022-10-10 0 0001596532 Arista Networks, Inc. ANET 0001605808 Duda Kenneth 5453 GREAT AMERICA PARKWAY SANTA CLARA CA 95054 0 1 0 0 CTO and SVP Software Eng. Common Stock 2022-10-10 4 M 0 20000 7.6675 A 23244 D Common Stock 2022-10-10 4 S 0 2784 106.7277 D 20460 D Common Stock 2022-10-10 4 S 0 3549 107.906 D 16911 D Common Stock 2022-10-10 4 S 0 8444 108.9997 D 8467 D Common Stock 2022-10-10 4 S 0 1333 109.6013 D 7134 D Common Stock 2022-10-10 4 S 0 1663 111.4775 D 5471 D Common Stock 2022-10-10 4 S 0 501 112.2635 D 4970 D Common Stock 2022-10-10 4 S 0 837 113.3924 D 4133 D Common Stock 2022-10-10 4 S 0 333 114.0566 D 3800 D Common Stock 2022-10-10 4 S 0 556 116.7179 D 3244 D Common Stock 2022-10-10 4 S 0 2228 106.7277 D 399080 I By Childrens' Trust Common Stock 2022-10-10 4 S 0 2839 107.906 D 396241 I By Childrens' Trust Common Stock 2022-10-10 4 S 0 6756 108.9997 D 389485 I By Childrens' Trust Common Stock 2022-10-10 4 S 0 1067 109.6013 D 388418 I By Childrens' Trust Common Stock 2022-10-10 4 S 0 1330 111.4775 D 387088 I By Childrens' Trust Common Stock 2022-10-10 4 S 0 400 112.2635 D 386688 I By Childrens' Trust Common Stock 2022-10-10 4 S 0 669 113.3924 D 386019 I By Childrens' Trust Common Stock 2022-10-10 4 S 0 267 114.0566 D 385752 I By Childrens' Trust Common Stock 2022-10-10 4 S 0 444 116.7179 D 385308 I By Childrens' Trust Common Stock 2022-10-10 4 S 0 487 106.788 D 257613 I By Foundation Common Stock 2022-10-10 4 S 0 713 107.9073 D 256900 I By Foundation Common Stock 2022-10-10 4 S 0 1500 109.0013 D 255400 I By Foundation Common Stock 2022-10-10 4 S 0 100 109.79 D 255300 I By Foundation Common Stock 2022-10-10 4 S 0 400 111.7563 D 254900 I By Foundation Common Stock 2022-10-10 4 S 0 100 113.0896 D 254800 I By Foundation Common Stock 2022-10-10 4 S 0 200 116.7055 D 254600 I By Foundation Common Stock 2022-09-14 5 G 0 60556 0.0 D 293444 I By GRAT JD Common Stock 2022-09-14 5 G 0 60556 0.0 D 293444 I By GRAT KD Common Stock 2022-09-14 5 G 0 121112 0.0 A 157037 I by Trust Non-Qualified Stock Option (right to buy) 7.6675 2022-10-10 4 M 0 20000 0.0 D 2024-02-10 Common Stock 20000 280000 D 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $106.39 to $107.355, 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $107.40 to $108.345, 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $108.44 to $109.43, 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $109.45 to $109.83, 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $110.73 to $111.72, 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $111.75 to $112.705, 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $112.77 to $113.66, 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $114.05 to $114.08, 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $116.46 to $116.93, 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. 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. 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $106.48 to $107.47, 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. These shares are held by a 501(c) Foundation for which the reporting person and his spouse serve as co-trustee. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $107.48 to $108.23, 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $108.68 to $109.37, 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $111.43 to $112.42, 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $113.07 to $113.11, 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $116.47 to $116.93, 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. Reporting person's spouse is the trustee of the Jennifer Duda Annuity Trusts. Reporting person is the trustee of the Kenneth Duda Annuity Trusts. 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. By: Isabelle Bertin-Bailly, Attorney-in-Fact For: Kenneth Duda 2022-10-12