0001596532-24-000345.txt : 20241009 0001596532-24-000345.hdr.sgml : 20241009 20241009191554 ACCESSION NUMBER: 0001596532-24-000345 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20241007 FILED AS OF DATE: 20241009 DATE AS OF CHANGE: 20241009 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: 241363579 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 2024-10-07 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 2024-10-07 4 M 0 20000 17.085 A 23244 D Common Stock 2024-10-07 4 S 0 3440 391.0336 D 19804 D Common Stock 2024-10-07 4 S 0 2022 391.9471 D 17782 D Common Stock 2024-10-07 4 S 0 550 392.9694 D 17232 D Common Stock 2024-10-07 4 S 0 1600 394.3218 D 15632 D Common Stock 2024-10-07 4 S 0 5800 395.2199 D 9832 D Common Stock 2024-10-07 4 S 0 1888 396.0171 D 7944 D Common Stock 2024-10-07 4 S 0 2950 397.224 D 4994 D Common Stock 2024-10-07 4 S 0 1500 398.4221 D 3494 D Common Stock 2024-10-07 4 S 0 250 398.978 D 3244 D Common Stock 2024-10-07 4 S 0 2753 391.0336 D 357897 I By Childrens' Trust Common Stock 2024-10-07 4 S 0 1617 391.9471 D 356280 I By Childrens' Trust Common Stock 2024-10-07 4 S 0 440 392.9694 D 355840 I By Childrens' Trust Common Stock 2024-10-07 4 S 0 1280 394.3218 D 354560 I By Childrens' Trust Common Stock 2024-10-07 4 S 0 4640 395.2199 D 349920 I By Childrens' Trust Common Stock 2024-10-07 4 S 0 1510 396.0171 D 348410 I By Childrens' Trust Common Stock 2024-10-07 4 S 0 2360 397.224 D 346050 I By Childrens' Trust Common Stock 2024-10-07 4 S 0 1200 398.4221 D 344850 I By Childrens' Trust Common Stock 2024-10-07 4 S 0 200 398.978 D 344650 I By Childrens' Trust Common Stock 2024-10-07 4 S 0 688 391.0336 D 181912 I By Foundation Common Stock 2024-10-07 4 S 0 404 391.9471 D 181508 I By Foundation Common Stock 2024-10-07 4 S 0 110 392.9694 D 181398 I By Foundation Common Stock 2024-10-07 4 S 0 320 394.3218 D 181078 I By Foundation Common Stock 2024-10-07 4 S 0 1160 395.2199 D 179918 I By Foundation Common Stock 2024-10-07 4 S 0 378 396.0171 D 179540 I By Foundation Common Stock 2024-10-07 4 S 0 590 397.224 D 178950 I By Foundation Common Stock 2024-10-07 4 S 0 300 398.4221 D 178650 I By Foundation Common Stock 2024-10-07 4 S 0 50 398.978 D 178600 I By Foundation Common Stock 106556 I By GRAT JD Common Stock 106556 I By GRAT KD 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $390.57 to $391.55, 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 $391.57 to $392.49, 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $392.60 to $393.30, 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 $393.71 to $394.70, 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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $394.72 to $395.68, 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 $395.72 to $396.48, 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 $396.81 to $397.79, 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 $397.93 to $398.77, 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 $398.97 to $398.98, 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 March 14, 2024. 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. 1/4th of the shares subject to the option vested and became exercisable on December 1, 2014 and 1/48th of the shares subject to the option vested each month thereafter. 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. 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. By: Isabelle Bertin-Bailly, Attorney-in-Fact For: Kenneth Duda 2024-10-09