0001596532-24-000083.txt : 20240222 0001596532-24-000083.hdr.sgml : 20240222 20240222194025 ACCESSION NUMBER: 0001596532-24-000083 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240220 FILED AS OF DATE: 20240222 DATE AS OF CHANGE: 20240222 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: 24666818 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 2024-02-20 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. 0 Common Stock 2024-02-20 4 M 0 1248 0.0 A 219507 I by Trust Common Stock 2024-02-20 4 M 0 1748 0.0 A 221255 I by Trust Common Stock 2024-02-20 4 M 0 2664 0.0 A 223919 I by Trust Common Stock 2024-02-20 4 M 0 1428 0.0 A 225347 I by Trust Common Stock 2024-02-20 4 M 0 678 0.0 A 226025 I by Trust Common Stock 2024-02-20 4 M 0 760 0.0 A 226785 I by Trust Common Stock 2024-02-20 4 M 0 970 0.0 A 227755 I by Trust Common Stock 2024-02-20 4 M 0 7506 0.0 A 235261 I by Trust Common Stock 2024-02-20 4 M 0 1037 0.0 A 236298 I by Trust Common Stock 2024-02-20 4 M 0 8018 0.0 A 244316 I by Trust Common Stock 2024-02-20 4 F 0 13106 259.61 D 231210 I by Trust Common Stock 3244 D Common Stock 275268 I By Childrens' Trust Common Stock 198600 I By Foundation Common Stock 199002 I By GRAT JD Common Stock 199002 I By GRAT KD Restricted Stock Unit-10 0.0 2024-02-20 4 M 0 760 0.0 D Common Stock 760 0 D Restricted Stock Unit-11 0.0 2024-02-20 4 M 0 1037 0.0 D Common Stock 1037 15553 D Restricted Stock Unit-12 0.0 2024-02-20 4 A 0 7506 0.0 A Common Stock 7506 7506 D Restricted Stock Unit-12 0.0 2024-02-20 4 M 0 7506 0.0 D Common Stock 7506 0 D Restricted Stock Unit-16 0.0 2024-02-20 4 A 0 8018 0.0 A Common Stock 8018 8018 D Restricted Stock Unit-16 0.0 2024-02-20 4 M 0 8018 0.0 D Common Stock 8018 0 D Restricted Stock Unit-4 0.0 2024-02-20 4 M 0 1248 0.0 D Common Stock 1248 2500 D Restricted Stock Unit-5 0.0 2024-02-20 4 M 0 1748 0.0 D Common Stock 1748 3500 D Restricted Stock Unit-6 0.0 2024-02-20 4 M 0 2664 0.0 D Common Stock 2664 10660 D Restricted Stock Unit-7 0.0 2024-02-20 4 M 0 1428 0.0 D Common Stock 1428 9992 D Restricted Stock Unit-8 0.0 2024-02-20 4 M 0 970 0.0 D Common Stock 970 10677 D Restricted Stock Unit-9 0.0 2024-02-20 4 M 0 678 0.0 D Common Stock 678 0 D Each restricted stock unit represents a contingent right to receive one share of Arista Networks, Inc. Common Stock upon vesting. These shares are held by a family trust for which the reporting person is co-trustee. Represents shares withheld to satisfy tax withholding obligations on the vesting of restricted stock units. 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. These shares are held by a 501(c) Foundation for which the reporting person and his spouse serve as co-trustee. Reporting person's spouse is the trustee of the Jennifer Duda Annuity Trusts. Reporting person is the trustee of the Kenneth Duda Annuity Trusts. This performance stock award was granted in the first quarter of 2021 and was earned based on attainment of certain performance conditions. The award vests 1/3 on February 22, 2022, and will continue to vest quarterly over 2 years. A quarterly vest date is the first market trading day on or after February 20, May 20, August 20, and November 20 of each year. Six and one-quarter percent (6.25%) of the restricted stock units awarded will vest on on February 20, 2024 and will continue to vest at the same rate on each quarterly vest date thereafter. A quarterly vest date is the first market trading day on or after February 20, May 20, August 20, and November 20 of each year. This performance stock award was granted in the first quarter of 2022 and was earned based on attainment of certain performance conditions. The award vested on February 20, 2024. This performance stock award was granted in the first quarter of 2023 and was earned based on attainment of certain performance conditions. The award vested on February 20, 2024. Six and one-quarter percent (6.25%) of the restricted stock units awarded vested on November 20, 2020 and will continue to vest at the same rate on each quarterly vest date thereafter. A quarterly vest date is the first market trading day on or after February 20, May 20, August 20, and November 20 of each year. Six and one-quarter percent (6.25%) of the restricted stock units awarded vested on November 20, 2020 and will continue to vest at the same rate on each quarterly vest date thereafter. A quarterly vest date is the first market trading day on or after February 20, May 20, August 20, and November 20 of each year. Six and one-quarter percent (6.25%) of the restricted stock units awarded vested on May 20, 2021 and will continue to vest at the same rate on each quarterly vest date thereafter. A quarterly vest date is the first market trading day on or after February 20, May 20, August 20, and November 20 of each year. Six and one-quarter percent (6.25%) of the restricted stock units awarded will vest on February 20, 2022 and will continue to vest at the same rate on each quarterly vest date thereafter. A quarterly vest date is the first market trading day on or after February 20, May 20, August 20, and November 20 of each year. Six and one-quarter percent (6.25%) of the restricted stock units awarded will vest on February 20, 2023 and will continue to vest at the same rate on each quarterly vest date thereafter. A quarterly vest date is the first market trading day on or after February 20, May 20, August 20, and November 20 of each year. This performance stock award was granted in the first quarter of 2021 and was earned based on attainment of certain performance conditions. The award vests 1/3 on February 22, 2022, and will continue to vest quarterly over 2 years. A quarterly vest date is the first market trading day on or after February 20, May 20, August 20, and November 20 of each year. By: Isabelle Bertin-Bailly, Attorney-in-Fact For: Kenneth Duda 2024-02-22