Duda Kenneth's Form 4/A amendment
AmendedArista Networks, Inc. (ANET) · filed Jun 24, 2024
- Accession no.
- 0001415889-24-018064
- Filed
- Jun 24, 2024
- Trade date
- Jun 13, 2024
- Filing delay
- 11 days
- Rule 10b5-1 plan
- Checked
- Original filed
- Jun 17, 2024
This filing lists 1 non-derivative transaction and 1 derivative transaction. It carries over 29 transactions from the original filing that it did not restate. Open-market sales total $12.8M. It was filed 11 days after the trade.
This amendment restates part of 0001596532-24-000249 (filed Jun 17, 2024). The transactions it did not restate still count and are listed below.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Duda KennethCIK 0001605808 | Director, Officer (CTO and SVP Software Eng) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jun 13, 2024 | Common Stock | SSaleDisposed | −244 | $329.99F3 | −$80,517.56 | 194,600 | Indirect |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jun 13, 2024 | Common Stock | MOption exerciseDisposed | −20,000 | $0.00 | $0 | 100,000 | Direct |
Carried over from the original filing
This amendment restates only part of the original filing. The original's other transactions still stand, and the trade tables on Livermore count them under this amendment.
From 0001596532-24-000249 (filed Jun 17, 2024).
Non-derivative securities (Table I)
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Jun 13, 2024 | Common Stock | MOption exerciseAcquired | +20,000 | $17.09 | +$341,800 | 23,244 | Direct | |
| Jun 13, 2024 | Common Stock | SSaleDisposed | −859 | $321.09F3 | −$275,816.31 | 21,768 | Direct | |
| Jun 13, 2024 | Common Stock | SSaleDisposed | −926 | $322.90F4 | −$299,005.4 | 20,842 | Direct | |
| Jun 13, 2024 | Common Stock | SSaleDisposed | −2,811 | $324.01F5 | −$910,792.11 | 18,031 | Direct | |
| Jun 13, 2024 | Common Stock | SSaleDisposed | −2,433 | $325.07F6 | −$790,895.31 | 15,598 | Direct | |
| Jun 13, 2024 | Common Stock | SSaleDisposed | −5,951 | $326.08F7 | −$1,940,502.08 | 9,647 | Direct | |
| Jun 13, 2024 | Common Stock | SSaleDisposed | −2,140 | $326.97F8 | −$699,715.8 | 7,507 | Direct | |
| Jun 13, 2024 | Common Stock | SSaleDisposed | −905 | $327.93F9 | −$296,776.65 | 6,602 | Direct | |
| Jun 13, 2024 | Common Stock | SSaleDisposed | −2,137 | $329.10F10 | −$703,286.7 | 4,465 | Direct | |
| Jun 13, 2024 | Common Stock | SSaleDisposed | −1,221 | $329.99F11 | −$402,917.79 | 3,244 | Direct | |
| Jun 13, 2024 | Common Stock | SSaleDisposed | −494 | $320.82F2 | −$158,485.08 | 424,156 | Indirect | |
| Jun 13, 2024 | Common Stock | SSaleDisposed | −687 | $321.81F3 | −$221,083.47 | 423,469 | Indirect | |
| Jun 13, 2024 | Common Stock | SSaleDisposed | −740 | $322.90F4 | −$238,946 | 422,729 | Indirect | |
| Jun 13, 2024 | Common Stock | SSaleDisposed | −2,248 | $324.01F5 | −$728,374.48 | 420,481 | Indirect | |
| Jun 13, 2024 | Common Stock | SSaleDisposed | −1,946 | $325.07F6 | −$632,586.22 | 418,535 | Indirect | |
| Jun 13, 2024 | Common Stock | SSaleDisposed | −4,760 | $326.08F7 | −$1,552,140.8 | 413,775 | Indirect | |
| Jun 13, 2024 | Common Stock | SSaleDisposed | −1,712 | $326.97F8 | −$559,772.64 | 412,063 | Indirect | |
| Jun 13, 2024 | Common Stock | SSaleDisposed | −725 | $327.93F9 | −$237,749.25 | 411,338 | Indirect | |
| Jun 13, 2024 | Common Stock | SSaleDisposed | −1,710 | $329.10F10 | −$562,761 | 409,628 | Indirect | |
| Jun 13, 2024 | Common Stock | SSaleDisposed | −978 | $329.99F11 | −$322,730.22 | 408,650 | Indirect | |
| Jun 13, 2024 | Common Stock | SSaleDisposed | −124 | $320.82F2 | −$39,781.68 | 198,476 | Indirect | |
| Jun 13, 2024 | Common Stock | SSaleDisposed | −172 | $321.81F3 | −$55,351.32 | 198,304 | Indirect | |
| Jun 13, 2024 | Common Stock | SSaleDisposed | −185 | $322.90F4 | −$59,736.5 | 198,119 | Indirect | |
| Jun 13, 2024 | Common Stock | SSaleDisposed | −562 | $324.01F5 | −$182,093.62 | 197,557 | Indirect | |
| Jun 13, 2024 | Common Stock | SSaleDisposed | −487 | $325.07F6 | −$158,309.09 | 197,070 | Indirect | |
| Jun 13, 2024 | Common Stock | SSaleDisposed | −1,190 | $326.08F7 | −$388,035.2 | 195,880 | Indirect | |
| Jun 13, 2024 | Common Stock | SSaleDisposed | −428 | $326.97F8 | −$139,943.16 | 195,452 | Indirect | |
| Jun 13, 2024 | Common Stock | SSaleDisposed | −181 | $327.93F9 | −$59,355.33 | 195,271 | Indirect | |
| Jun 13, 2024 | Common Stock | SSaleDisposed | −427 | $329.10F10 | −$140,525.7 | 194,844 | Indirect |
Footnotes on the original
The footnotes that the prices of these transactions refer to on the original filing.
- F2
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $320.50 to $320.95, 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.
Referenced by the price of 2 transactions in Table I.
- F3
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $321.50 to $322.48, 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.
Referenced by the price of 3 transactions in Table I.
- F4
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $322.51 to $323.49, 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.
Referenced by the price of 3 transactions in Table I.
- F5
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $323.52 to $324.50, 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.
Referenced by the price of 3 transactions in Table I.
- F6
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $324.53 to $325.52, 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.
Referenced by the price of 3 transactions in Table I.
- F7
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $325.53 to $326.5276, 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.
Referenced by the price of 3 transactions in Table I.
- F8
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $326.54 to $327.50, 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.
Referenced by the price of 3 transactions in Table I.
- F9
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $327.54 to $328.48, 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.
Referenced by the price of 3 transactions in Table I.
- F10
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $328.60 to $329.59, 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.
Referenced by the price of 3 transactions in Table I.
- F11
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $329.60 to $330.50, 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.
Referenced by the price of 2 transactions in Table I.
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
Due to a system issue, the stock sale and option exercise transactions reported on this Form 4A were not included on the original Form 4 filed on June 17, 2024.
- F2
The sale of shares 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.
- F3
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $329.60 to $330.50, inclusive. The 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.
Referenced by the price of 1 transaction in Table I.
- F4
These shares are held by a 501(c) Foundation for which the reporting person and his spouse serve as co-trustee.
- F5
The spouse of the reporting person is the trustee of the Jennifer Duda Annuity Trusts.
- F6
The reporting person is the trustee of the Kenneth Duda Annuity Trusts.
- F7
These shares are held by a family trust for which the reporting person is co-trustee.
- F8
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.
- F9
1/5th of the shares subject to the option vested one year after December 1, 2016 and 1/60th of the shares subject to the option continue to vest each month thereafter provided that the reporting person continues to be a service provider to the Issuer as of each vest date.