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Duda Kenneth's Form 4 filing

Arista Networks, Inc. (ANET) · filed Oct 12, 2022

Accession no.
0001596532-22-000279
Filed
Oct 12, 2022
Trade date
Sep 14-Oct 10, 2022
Filing delay
28 daysLate
Rule 10b5-1 plan
Not on the form (before 2023)

This filing lists 29 non-derivative transactions and 1 derivative transaction. Open-market sales total $4.32M. It was filed 28 days after the trade, past the 2-business-day deadline.

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.

Reporting owners on this filing
OwnerRelationship to the company
Duda KennethCIK 0001605808Officer (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.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Oct 10, 2022Common StockMOption exerciseAcquired+20,000$7.67+$153,40023,244Direct
Oct 10, 2022Common StockSSaleDisposed−2,784$106.73F2−$297,136.3220,460Direct
Oct 10, 2022Common StockSSaleDisposed−3,549$107.91F3−$382,972.5916,911Direct
Oct 10, 2022Common StockSSaleDisposed−8,444$109.00F4−$920,3968,467Direct
Oct 10, 2022Common StockSSaleDisposed−1,333$109.60F5−$146,096.87,134Direct
Oct 10, 2022Common StockSSaleDisposed−1,663$111.48F6−$185,391.245,471Direct
Oct 10, 2022Common StockSSaleDisposed−501$112.26F7−$56,242.264,970Direct
Oct 10, 2022Common StockSSaleDisposed−837$113.39F8−$94,907.434,133Direct
Oct 10, 2022Common StockSSaleDisposed−333$114.06F9−$37,981.983,800Direct
Oct 10, 2022Common StockSSaleDisposed−556$116.72F10−$64,896.323,244Direct
Oct 10, 2022Common StockSSaleDisposed−2,228$106.73F2−$237,794.44399,080Indirect
Oct 10, 2022Common StockSSaleDisposed−2,839$107.91F3−$306,356.49396,241Indirect
Oct 10, 2022Common StockSSaleDisposed−6,756$109.00F4−$736,404389,485Indirect
Oct 10, 2022Common StockSSaleDisposed−1,067$109.60F5−$116,943.2388,418Indirect
Oct 10, 2022Common StockSSaleDisposed−1,330$111.48F6−$148,268.4387,088Indirect
Oct 10, 2022Common StockSSaleDisposed−400$112.26F7−$44,904386,688Indirect
Oct 10, 2022Common StockSSaleDisposed−669$113.39F8−$75,857.91386,019Indirect
Oct 10, 2022Common StockSSaleDisposed−267$114.06F9−$30,454.02385,752Indirect
Oct 10, 2022Common StockSSaleDisposed−444$116.72F10−$51,823.68385,308Indirect
Oct 10, 2022Common StockSSaleDisposed−487$106.79F13−$52,006.73257,613Indirect
Oct 10, 2022Common StockSSaleDisposed−713$107.91F15−$76,939.83256,900Indirect
Oct 10, 2022Common StockSSaleDisposed−1,500$109.00F16−$163,500255,400Indirect
Oct 10, 2022Common StockSSaleDisposed−100$109.79−$10,979255,300Indirect
Oct 10, 2022Common StockSSaleDisposed−400$111.76F17−$44,704254,900Indirect
Oct 10, 2022Common StockSSaleDisposed−100$113.09F18−$11,309254,800Indirect
Oct 10, 2022Common StockSSaleDisposed−200$116.71F19−$23,342254,600Indirect
Sep 14, 2022Common StockGGiftDisposed−60,556$0.00$0293,444Indirect
Sep 14, 2022Common StockGGiftDisposed−60,556$0.00$0293,444Indirect
Sep 14, 2022Common StockGGiftAcquired+121,112$0.00$0157,037Indirect

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.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Oct 10, 2022Common StockMOption exerciseDisposed−20,000$0.00$0280,000Direct

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.

F2

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $106.39 to $107.355, 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 $107.40 to $108.345, 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.

F4

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $108.44 to $109.43, 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.

F5

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $109.45 to $109.83, 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.

F6

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $110.73 to $111.72, 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.

F7

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $111.75 to $112.705, 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.

F8

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $112.77 to $113.66, 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.

F9

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $114.05 to $114.08, 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.

F10

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $116.46 to $116.93, 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.

F13

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $106.48 to $107.47, 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 1 transaction in Table I.

F15

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $107.48 to $108.23, 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 1 transaction in Table I.

F16

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $108.68 to $109.37, 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 1 transaction in Table I.

F17

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $111.43 to $112.42, 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 1 transaction in Table I.

F18

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $113.07 to $113.11, 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 1 transaction in Table I.

F19

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $116.47 to $116.93, 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 1 transaction in Table I.

Read the full filing on SEC EDGAR (opens in a new tab)