0001596532-24-000014.txt : 20240112 0001596532-24-000014.hdr.sgml : 20240112 20240112200037 ACCESSION NUMBER: 0001596532-24-000014 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240110 FILED AS OF DATE: 20240112 DATE AS OF CHANGE: 20240112 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Duda Kenneth CENTRAL INDEX KEY: 0001605808 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36468 FILM NUMBER: 24533292 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] ORGANIZATION NAME: 06 Technology 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 X0508 4 2024-01-10 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. 1 Common Stock 2024-01-10 4 M 0 20000 17.085 A 23244 D Common Stock 2024-01-10 4 S 0 1833 246.9073 D 21411 D Common Stock 2024-01-10 4 S 0 5271 248.0474 D 16140 D Common Stock 2024-01-10 4 S 0 5800 248.9975 D 10340 D Common Stock 2024-01-10 4 S 0 4872 249.9843 D 5468 D Common Stock 2024-01-10 4 S 0 2224 250.81 D 3244 D Common Stock 2024-01-10 4 S 0 1467 246.9073 D 305801 I By Childrens' Trust Common Stock 2024-01-10 4 S 0 4217 248.0474 D 301584 I By Childrens' Trust Common Stock 2024-01-10 4 S 0 4640 248.9975 D 296944 I By Childrens' Trust Common Stock 2024-01-10 4 S 0 3898 249.9843 D 293046 I By Childrens' Trust Common Stock 2024-01-10 4 S 0 1778 250.81 D 291268 I By Childrens' Trust Common Stock 2024-01-10 4 S 0 175 246.1725 D 205425 I By Foundation Common Stock 2024-01-10 4 S 0 792 247.7768 D 204633 I By Foundation Common Stock 2024-01-10 4 S 0 919 248.5874 D 203714 I By Foundation Common Stock 2024-01-10 4 S 0 779 249.5367 D 202935 I By Foundation Common Stock 2024-01-10 4 S 0 835 250.5468 D 202100 I By Foundation Common Stock 199002 I By GRAT JD Common Stock 199002 I By GRAT KD Common Stock 218259 I by Trust Non-Qualified Stock Option (right to buy) 17.085 2024-01-10 4 M 0 20000 0.0 D 2024-12-15 Common Stock 20000 180000 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 February 24, 2023. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $246.45 to $247.41, 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 $247.46 to $248.45, 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 $248.48 to $249.47, 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $249.48 to $250.47, 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $250.55 to $251.10, 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. 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 February 24, 2023. 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 12, 2022 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 $246.07 to $246.65, 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 $247.16 to $248.15, 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 $248.18 to $249.10, 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $249.205 to $249.905, 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 $250.25 to $250.915, 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. These shares are held by a family trust for which the reporting person is co-trustee. 1/5th of the shares subject to the option shall vested one year after December 1, 2016 and 1/60th of the shares subject to the option vested each month thereafter provided that the reporting person continues to be a service provider to the Issuer as of each vest date. By: Isabelle Bertin-Bailly, Attorney-in-Fact For: Kenneth Duda 2024-01-12