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Duda Kenneth – ‘4’ for 8/10/20 re: Arista Networks, Inc.

On:  Wednesday, 8/12/20, at 6:28pm ET   ·   For:  8/10/20   ·   Accession #:  1596532-20-164   ·   File #:  1-36468

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 8/12/20  Duda Kenneth                      4                      1:41K  Arista Networks, Inc.             Arista Networks, Inc.

Statement of Changes in Beneficial Ownership of Securities by an Insider   —   Form 4   —   SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 4           Statement of Changes in Beneficial Ownership of     HTML      3K 
                Securities by an Insider -- edgardoc.xml/3.6                     




        

This ‘4’ Document is an XML Data File that may be rendered in various formats:

  Form 4    –   Plain Text   –  SEC Website  –  EDGAR System  –    XML Data    –  <?xml?> File
 

 
EDGAR System rendering:  Statement of Changes in Beneficial Ownership of Securities by an Insider
 
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden hours per response...0.5

(Print or Type Responses)
1. Name and Address of Reporting Person *
Duda Kenneth
  2. Issuer Name and Ticker or Trading Symbol
Arista Networks, Inc. [ANET]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
CTO and SVP Software Eng.
(Last)
(First)
(Middle)
5453 GREAT AMERICA PARKWAY
3. Date of Earliest Transaction (Month/Day/Year)
08/10/2020
(Street)

SANTA CLARA, CA 95054
4. If Amendment, Date Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock08/10/2020   M (1)   10,000A $3.3316,302D  
Common Stock08/10/2020   S (1)   3,384D $222.8903 (2)12,918D  
Common Stock08/10/2020   S (1)   3,500D $223.6494 (3)9,418D  
Common Stock08/10/2020   S (1)   1,616D $224.6646 (4)7,802D  
Common Stock08/10/2020   S (1)   500D $225.52 (5)7,302D  
Common Stock08/10/2020   S (1)   400D $226.565 (6)6,902D  
Common Stock08/10/2020   S (1)   400D $228.285 (7)6,502D  
Common Stock08/10/2020   S (1)   200D $230.53 (8)6,302D  
Common Stock08/10/2020   S (9)   231D $222.7063 (10)55,783IBy Childrens' Trust (11)
Common Stock08/10/2020   S (9)   190D $223.7842 (12)55,593IBy Childrens' Trust (11)
Common Stock08/10/2020   S (9)   175D $224.8191 (13)55,418IBy Childrens' Trust (11)
Common Stock08/10/2020   S (9)   70D $225.9004 (14)55,348IBy Childrens' Trust (11)
Common Stock08/10/2020   S (9)   76D $226.6661 (15)55,272IBy Childrens' Trust (11)
Common Stock08/10/2020   S (9)   90D $228.1422 (16)55,182IBy Childrens' Trust (11)
Common Stock08/10/2020   S (9)   4D $228.77 (17)55,178IBy Childrens' Trust (11)
Common Stock08/10/2020   S (9)   40D $230.446 (18)55,138IBy Childrens' Trust (11)
Common Stock08/10/2020   S (19)   57D $222.7156 (20)6,093IBy Foundation (21)
Common Stock08/10/2020   S (19)   48D $223.7648 (22)6,045IBy Foundation (21)
Common Stock08/10/2020   S (19)   45D $224.8911 (23)6,000IBy Foundation (21)
Common Stock08/10/2020   S (19)   16D $226.0244 (24)5,984IBy Foundation (21)
Common Stock08/10/2020   S (19)   17D $226.7159 (25)5,967IBy Foundation (21)
Common Stock08/10/2020   S (19)   23D $228.1561 (26)5,944IBy Foundation (21)
Common Stock08/10/2020   S (19)   1D $229.315,943IBy Foundation (21)
Common Stock08/10/2020   S (19)   8D $230.4013 (27)5,935IBy Foundation (21)
Common Stock               273,944IBy GRAT JD (28)
Common Stock               273,944IBy GRAT KD (29)
Common Stock               86,356Iby Trust (30)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.SEC 1474 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Non-Qualified Stock Option (right to buy) $3.3308/10/2020   M (1)     10,000   (31)10/03/2021Common Stock10,000 $ 0 60,000D  

Reporting Owners

Reporting Owner Name / AddressRelationships
 Director 10% Owner Officer Other
Duda Kenneth
5453 GREAT AMERICA PARKWAY
SANTA CLARA, CA 95054
      CTO and SVP Software Eng.  

Signatures

 By: Isabelle Bertin-Bailly, Attorney-in-Fact For: Kenneth Duda  08/12/2020
**Signature of Reporting PersonDate

Explanation of Responses:

*If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)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 4, 2020.
(2)The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $222.21 to $223.20 inclusive. The reporting person undertakes to provide 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.
(3)The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $223.22 to $224.20 inclusive. The reporting person undertakes to provide 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.
(4)The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $224.24 to $225.16 inclusive. The reporting person undertakes to provide 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.
(5)The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $225.28 to $226.12 inclusive. The reporting person undertakes to provide 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.
(6)The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $226.48 to $226.64 inclusive. The reporting person undertakes to provide 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.
(7)The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $228.03 to $228.47 inclusive. The reporting person undertakes to provide 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.
(8)The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $230.36 to $230.7 inclusive. The reporting person undertakes to provide 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.
(9)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 December 9, 2019.
(10)The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from 222.28 to 223.22 inclusive. The reporting person undertakes to provide 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.
(11)These shares are held in multiple trusts for the benefit of the children of the reporting person for which the reporting person serves as trustee. The reporting person shares voting and investment control over the shares but disclaims beneficial ownership of the shares.
(12)The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from 223.31 to 224.25 inclusive. The reporting person undertakes to provide 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.
(13)The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from 224.33 to 225.32 inclusive. The reporting person undertakes to provide 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.
(14)The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from 225.33 to 226.27 inclusive. The reporting person undertakes to provide 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.
(15)The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from 226.33 to 227.02 inclusive. The reporting person undertakes to provide 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.
(16)The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from 227.71 to 228.55 inclusive. The reporting person undertakes to provide 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.
(17)The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from 228.74 to 228.84 inclusive. The reporting person undertakes to provide 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.
(18)The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from 230.36 to 230.72 inclusive. The reporting person undertakes to provide 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.
(19)The sale of shares was effected pursuant to a Rule 10b5-1 trading plan entered into on December 12, 2019 by the reporting person's 501(c) Foundation, for which the reporting person and his spouse serve as co-trustee.
(20)The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $222.30 to $223.20 inclusive. The reporting person undertakes to provide 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.
(21)These shares are held by a 501(c) Foundation for which the reporting person and his spouse serve as co-trustee.
(22)The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $223.30 to $224.23 inclusive. The reporting person undertakes to provide 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.
(23)The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $224.35 to $225.34 inclusive. The reporting person undertakes to provide 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.
(24)The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $225.40 to $226.39 inclusive. The reporting person undertakes to provide 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.
(25)The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $226.50 to $226.98 inclusive. The reporting person undertakes to provide 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.
(26)The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $227.64 to $228.47 inclusive. The reporting person undertakes to provide 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.
(27)The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $230.36 to $230.69 inclusive. The reporting person undertakes to provide 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.
(28)Reporting person's spouse is the trustee of the Jennifer Duda Annuity Trusts.
(29)Reporting person is the trustee of the Kenneth Duda Annuity Trusts.
(30)These shares are held by a family trust for which the reporting person is a trustee.
(31)1/4th of the 100,000 shares subject to the option vested and became exercisable on September 30, 2013 and 1/48th of the shares subject to the option vested each month thereafter.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.

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