0001596532-24-000056.txt : 20240214 0001596532-24-000056.hdr.sgml : 20240214 20240214203329 ACCESSION NUMBER: 0001596532-24-000056 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240212 FILED AS OF DATE: 20240214 DATE AS OF CHANGE: 20240214 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: 24641657 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 2024-02-12 0 0001596532 Arista Networks, Inc. ANET 0001605808 Duda Kenneth 5453 GREAT AMERICA PARKWAY SANTA CLARA CA 95054 1 1 0 0 CTO and SVP Software Eng. 1 Common Stock 2024-02-12 4 M 0 20000 17.085 A 23244 D Common Stock 2024-02-12 4 S 0 1463 281.6733 D 21781 D Common Stock 2024-02-12 4 S 0 4701 282.431 D 17080 D Common Stock 2024-02-12 4 S 0 3137 283.4856 D 13943 D Common Stock 2024-02-12 4 S 0 5264 284.4639 D 8679 D Common Stock 2024-02-12 4 S 0 2819 285.3477 D 5860 D Common Stock 2024-02-12 4 S 0 804 286.2403 D 5056 D Common Stock 2024-02-12 4 S 0 621 288.2854 D 4435 D Common Stock 2024-02-12 4 S 0 219 289.4842 D 4216 D Common Stock 2024-02-12 4 S 0 529 290.2915 D 3687 D Common Stock 2024-02-12 4 S 0 443 291.54 D 3244 D Common Stock 2024-02-12 4 S 0 1171 281.6733 D 290097 I By Childrens' Trust Common Stock 2024-02-12 4 S 0 3760 282.431 D 286337 I By Childrens' Trust Common Stock 2024-02-12 4 S 0 2509 283.4856 D 283828 I By Childrens' Trust Common Stock 2024-02-12 4 S 0 4211 284.4639 D 279617 I By Childrens' Trust Common Stock 2024-02-12 4 S 0 2255 285.3477 D 277362 I By Childrens' Trust Common Stock 2024-02-12 4 S 0 643 286.2403 D 276719 I By Childrens' Trust Common Stock 2024-02-12 4 S 0 496 288.2854 D 276223 I By Childrens' Trust Common Stock 2024-02-12 4 S 0 175 289.4842 D 276048 I By Childrens' Trust Common Stock 2024-02-12 4 S 0 423 290.2915 D 275625 I By Childrens' Trust Common Stock 2024-02-12 4 S 0 357 291.54 D 275268 I By Childrens' Trust Common Stock 2024-02-12 4 S 0 250 281.248 D 201850 I By Foundation Common Stock 2024-02-12 4 S 0 641 282.2493 D 201209 I By Foundation Common Stock 2024-02-12 4 S 0 600 283.3281 D 200609 I By Foundation Common Stock 2024-02-12 4 S 0 1002 284.306 D 199607 I By Foundation Common Stock 2024-02-12 4 S 0 654 285.2478 D 198953 I By Foundation Common Stock 2024-02-12 4 S 0 100 286.295 D 198853 I By Foundation Common Stock 2024-02-12 4 S 0 103 287.2572 D 198750 I By Foundation Common Stock 2024-02-12 4 S 0 100 288.485 D 198650 I By Foundation Common Stock 2024-02-12 4 S 0 50 290.64 D 198600 I By Foundation 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 $281.00 to $281.99, 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 $282.00 to $282.975, 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 $283.00 to $283.985, 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 $284.00 to $284.99, 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 $285.00 to $285.96, 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 $286.01 to $286.99, 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 $287.73 to $288.53, 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 $288.91 to $289.83, 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 $290.05 to $290.79, 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $291.54 to $291.54, 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 $280.78 to $281.56, 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 $281.81 to $282.75, 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 $282.835 to $283.81, 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 $283.87 to $284.81, 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 $284.885 to $285.53, 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 $285.91 to $286.68, 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $287.08 to $287.54, 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 $288.46 to $288.51, 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. By: Isabelle Bertin-Bailly, Attorney-in-Fact For: Kenneth Duda 2024-02-14