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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
 

 
XML Data rendering:  Statement of Changes in Beneficial Ownership of Securities by an Insider
 
                                                                                                                                                                                
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<directOrIndirectOwnership>
<value> I </value>
</directOrIndirectOwnership>
<natureOfOwnership>
<value> By Foundation </value>
<footnoteId id="F21"/>
</natureOfOwnership>
</ownershipNature>
</nonDerivativeTransaction>
<nonDerivativeTransaction>
<securityTitle>
<value> Common Stock </value>
</securityTitle>
<transactionDate>
<value> 2020-08-10 </value>
</transactionDate>
<transactionCoding>
<transactionFormType> 4 </transactionFormType>
<transactionCode> S </transactionCode>
<equitySwapInvolved> 0 </equitySwapInvolved>
<footnoteId id="F19"/>
</transactionCoding>
<transactionAmounts>
<transactionShares>
<value> 23 </value>
</transactionShares>
<transactionPricePerShare>
<value> 228.1561 </value>
<footnoteId id="F26"/>
</transactionPricePerShare>
<transactionAcquiredDisposedCode>
<value> D </value>
</transactionAcquiredDisposedCode>
</transactionAmounts>
<postTransactionAmounts>
<sharesOwnedFollowingTransaction>
<value> 5944 </value>
</sharesOwnedFollowingTransaction>
</postTransactionAmounts>
<ownershipNature>
<directOrIndirectOwnership>
<value> I </value>
</directOrIndirectOwnership>
<natureOfOwnership>
<value> By Foundation </value>
<footnoteId id="F21"/>
</natureOfOwnership>
</ownershipNature>
</nonDerivativeTransaction>
<nonDerivativeTransaction>
<securityTitle>
<value> Common Stock </value>
</securityTitle>
<transactionDate>
<value> 2020-08-10 </value>
</transactionDate>
<transactionCoding>
<transactionFormType> 4 </transactionFormType>
<transactionCode> S </transactionCode>
<equitySwapInvolved> 0 </equitySwapInvolved>
<footnoteId id="F19"/>
</transactionCoding>
<transactionAmounts>
<transactionShares>
<value> 1 </value>
</transactionShares>
<transactionPricePerShare>
<value> 229.31 </value>
</transactionPricePerShare>
<transactionAcquiredDisposedCode>
<value> D </value>
</transactionAcquiredDisposedCode>
</transactionAmounts>
<postTransactionAmounts>
<sharesOwnedFollowingTransaction>
<value> 5943 </value>
</sharesOwnedFollowingTransaction>
</postTransactionAmounts>
<ownershipNature>
<directOrIndirectOwnership>
<value> I </value>
</directOrIndirectOwnership>
<natureOfOwnership>
<value> By Foundation </value>
<footnoteId id="F21"/>
</natureOfOwnership>
</ownershipNature>
</nonDerivativeTransaction>
<nonDerivativeTransaction>
<securityTitle>
<value> Common Stock </value>
</securityTitle>
<transactionDate>
<value> 2020-08-10 </value>
</transactionDate>
<transactionCoding>
<transactionFormType> 4 </transactionFormType>
<transactionCode> S </transactionCode>
<equitySwapInvolved> 0 </equitySwapInvolved>
<footnoteId id="F19"/>
</transactionCoding>
<transactionAmounts>
<transactionShares>
<value> 8 </value>
</transactionShares>
<transactionPricePerShare>
<value> 230.4013 </value>
<footnoteId id="F27"/>
</transactionPricePerShare>
<transactionAcquiredDisposedCode>
<value> D </value>
</transactionAcquiredDisposedCode>
</transactionAmounts>
<postTransactionAmounts>
<sharesOwnedFollowingTransaction>
<value> 5935 </value>
</sharesOwnedFollowingTransaction>
</postTransactionAmounts>
<ownershipNature>
<directOrIndirectOwnership>
<value> I </value>
</directOrIndirectOwnership>
<natureOfOwnership>
<value> By Foundation </value>
<footnoteId id="F21"/>
</natureOfOwnership>
</ownershipNature>
</nonDerivativeTransaction>
<nonDerivativeHolding>
<securityTitle>
<value> Common Stock </value>
</securityTitle>
<postTransactionAmounts>
<sharesOwnedFollowingTransaction>
<value> 273944 </value>
</sharesOwnedFollowingTransaction>
</postTransactionAmounts>
<ownershipNature>
<directOrIndirectOwnership>
<value> I </value>
</directOrIndirectOwnership>
<natureOfOwnership>
<value> By GRAT JD </value>
<footnoteId id="F28"/>
</natureOfOwnership>
</ownershipNature>
</nonDerivativeHolding>
<nonDerivativeHolding>
<securityTitle>
<value> Common Stock </value>
</securityTitle>
<postTransactionAmounts>
<sharesOwnedFollowingTransaction>
<value> 273944 </value>
</sharesOwnedFollowingTransaction>
</postTransactionAmounts>
<ownershipNature>
<directOrIndirectOwnership>
<value> I </value>
</directOrIndirectOwnership>
<natureOfOwnership>
<value> By GRAT KD </value>
<footnoteId id="F29"/>
</natureOfOwnership>
</ownershipNature>
</nonDerivativeHolding>
<nonDerivativeHolding>
<securityTitle>
<value> Common Stock </value>
</securityTitle>
<postTransactionAmounts>
<sharesOwnedFollowingTransaction>
<value> 86356 </value>
</sharesOwnedFollowingTransaction>
</postTransactionAmounts>
<ownershipNature>
<directOrIndirectOwnership>
<value> I </value>
</directOrIndirectOwnership>
<natureOfOwnership>
<value> by Trust </value>
<footnoteId id="F30"/>
</natureOfOwnership>
</ownershipNature>
</nonDerivativeHolding>
</nonDerivativeTable>
<derivativeTable>
<derivativeTransaction>
<securityTitle>
<value> Non-Qualified Stock Option (right to buy) </value>
</securityTitle>
<conversionOrExercisePrice>
<value> 3.33 </value>
</conversionOrExercisePrice>
<transactionDate>
<value> 2020-08-10 </value>
</transactionDate>
<transactionCoding>
<transactionFormType> 4 </transactionFormType>
<transactionCode> M </transactionCode>
<equitySwapInvolved> 0 </equitySwapInvolved>
<footnoteId id="F1"/>
</transactionCoding>
<transactionAmounts>
<transactionShares>
<value> 10000 </value>
</transactionShares>
<transactionPricePerShare>
<value> 0.0 </value>
</transactionPricePerShare>
<transactionAcquiredDisposedCode>
<value> D </value>
</transactionAcquiredDisposedCode>
</transactionAmounts>
<exerciseDate>
<footnoteId id="F31"/>
</exerciseDate>
<expirationDate>
<value> 2021-10-03 </value>
</expirationDate>
<underlyingSecurity>
<underlyingSecurityTitle>
<value> Common Stock </value>
</underlyingSecurityTitle>
<underlyingSecurityShares>
<value> 10000 </value>
</underlyingSecurityShares>
</underlyingSecurity>
<postTransactionAmounts>
<sharesOwnedFollowingTransaction>
<value> 60000 </value>
</sharesOwnedFollowingTransaction>
</postTransactionAmounts>
<ownershipNature>
<directOrIndirectOwnership>
<value> D </value>
</directOrIndirectOwnership>
</ownershipNature>
</derivativeTransaction>
</derivativeTable>
<footnotes>
<footnote id="F1"> 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. </footnote>
<footnote id="F2"> 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. </footnote>
<footnote id="F3"> 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. </footnote>
<footnote id="F4"> 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. </footnote>
<footnote id="F5"> 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. </footnote>
<footnote id="F6"> 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. </footnote>
<footnote id="F7"> 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. </footnote>
<footnote id="F8"> 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. </footnote>
<footnote id="F9"> 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. </footnote>
<footnote id="F10"> 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. </footnote>
<footnote id="F11"> 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. </footnote>
<footnote id="F12"> 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. </footnote>
<footnote id="F13"> 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. </footnote>
<footnote id="F14"> 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. </footnote>
<footnote id="F15"> 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. </footnote>
<footnote id="F16"> 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. </footnote>
<footnote id="F17"> 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. </footnote>
<footnote id="F18"> 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. </footnote>
<footnote id="F19"> 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. </footnote>
<footnote id="F20"> 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. </footnote>
<footnote id="F21"> These shares are held by a 501(c) Foundation for which the reporting person and his spouse serve as co-trustee. </footnote>
<footnote id="F22"> 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. </footnote>
<footnote id="F23"> 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. </footnote>
<footnote id="F24"> 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. </footnote>
<footnote id="F25"> 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. </footnote>
<footnote id="F26"> 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. </footnote>
<footnote id="F27"> 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. </footnote>
<footnote id="F28"> Reporting person's spouse is the trustee of the Jennifer Duda Annuity Trusts. </footnote>
<footnote id="F29"> Reporting person is the trustee of the Kenneth Duda Annuity Trusts. </footnote>
<footnote id="F30"> These shares are held by a family trust for which the reporting person is a trustee. </footnote>
<footnote id="F31"> 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. </footnote>
</footnotes>
<ownerSignature>
<signatureName> By: Isabelle Bertin-Bailly, Attorney-in-Fact For: Kenneth Duda </signatureName>
<signatureDate> 2020-08-12 </signatureDate>
</ownerSignature>
</ownershipDocument>


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