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Duda Kenneth's Form 4 filing

Arista Networks, Inc. (ANET) · filed Mar 14, 2023

Accession no.
0001596532-23-000079
Filed
Mar 14, 2023
Trade date
Mar 10, 2023
Filing delay
4 days
Rule 10b5-1 plan
Not on the form (before 2023)

This filing lists 13 non-derivative transactions and 1 derivative transaction. Open-market sales total $5.30M. It was filed 4 days after the trade.

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
Mar 10, 2023Common StockMOption exerciseAcquired+20,000$7.67+$153,40023,244Direct
Mar 10, 2023Common StockSSaleDisposed−2,546$145.93F2−$371,537.7820,698Direct
Mar 10, 2023Common StockSSaleDisposed−9,189$146.79F3−$1,348,853.3111,509Direct
Mar 10, 2023Common StockSSaleDisposed−3,741$147.70F4−$552,545.77,768Direct
Mar 10, 2023Common StockSSaleDisposed−3,690$148.70F5−$548,7034,078Direct
Mar 10, 2023Common StockSSaleDisposed−703$149.79F6−$105,302.373,375Direct
Mar 10, 2023Common StockSSaleDisposed−131$150.51F7−$19,716.813,244Direct
Mar 10, 2023Common StockSSaleDisposed−2,038$145.93F2−$297,405.34319,270Indirect
Mar 10, 2023Common StockSSaleDisposed−7,352$146.79F3−$1,079,200.08311,918Indirect
Mar 10, 2023Common StockSSaleDisposed−2,992$147.70F4−$441,918.4308,926Indirect
Mar 10, 2023Common StockSSaleDisposed−2,952$148.70F5−$438,962.4305,974Indirect
Mar 10, 2023Common StockSSaleDisposed−564$149.79F6−$84,481.56305,410Indirect
Mar 10, 2023Common StockSSaleDisposed−102$150.51F7−$15,352.02305,308Indirect

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
Mar 10, 2023Common StockMOption exerciseDisposed−20,000$0.00$0180,000Direct

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 $145.27 to $146.26, 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 $146.27 to $147.26, 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 $147.27 to $148.25, 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 $148.285 to $149.28, 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 $149.33 to $150.27, 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 $150.48 to $150.56, 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.

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