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Duda Kenneth's Form 4 filing

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

Accession no.
0001596532-23-000163
Filed
Jun 14, 2023
Trade date
Jun 12, 2023
Filing delay
2 days
Rule 10b5-1 plan
Checked

This filing lists 24 non-derivative transactions and 1 derivative transaction. Open-market sales total $6.58M. It was filed 2 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
Jun 12, 2023Common StockMOption exerciseAcquired+20,000$7.67+$153,40023,244Direct
Jun 12, 2023Common StockSSaleDisposed−3,193$163.62F2−$522,438.6620,051Direct
Jun 12, 2023Common StockSSaleDisposed−4,397$164.75F3−$724,405.7515,654Direct
Jun 12, 2023Common StockSSaleDisposed−1,384$165.67F4−$229,287.2814,270Direct
Jun 12, 2023Common StockSSaleDisposed−1,703$166.65F5−$283,804.9512,567Direct
Jun 12, 2023Common StockSSaleDisposed−3,977$167.89F6−$667,698.538,590Direct
Jun 12, 2023Common StockSSaleDisposed−3,487$168.82F7−$588,675.345,103Direct
Jun 12, 2023Common StockSSaleDisposed−1,859$169.40F8−$314,914.63,244Direct
Jun 12, 2023Common StockSSaleDisposed−2,554$163.62F2−$417,885.48270,754Indirect
Jun 12, 2023Common StockSSaleDisposed−3,517$164.75F3−$579,425.75267,237Indirect
Jun 12, 2023Common StockSSaleDisposed−1,108$165.67F4−$183,562.36266,129Indirect
Jun 12, 2023Common StockSSaleDisposed−1,362$166.65F5−$226,977.3264,767Indirect
Jun 12, 2023Common StockSSaleDisposed−3,182$167.89F6−$534,225.98261,585Indirect
Jun 12, 2023Common StockSSaleDisposed−2,790$168.82F7−$471,007.8258,795Indirect
Jun 12, 2023Common StockSSaleDisposed−1,487$169.40F8−$251,897.8257,308Indirect
Jun 12, 2023Common StockSSaleDisposed−501$163.57F12−$81,948.57229,599Indirect
Jun 12, 2023Common StockSSaleDisposed−900$164.74F14−$148,266228,699Indirect
Jun 12, 2023Common StockSSaleDisposed−400$166.36F15−$66,544228,299Indirect
Jun 12, 2023Common StockSSaleDisposed−800$167.78F16−$134,224227,499Indirect
Jun 12, 2023Common StockSSaleDisposed−798$169.00F17−$134,862226,701Indirect
Jun 12, 2023Common StockSSaleDisposed−101$169.48F18−$17,117.48226,600Indirect
Jun 12, 2023Common StockGGiftDisposed−23,392$0.00$0318,446Indirect
Jun 12, 2023Common StockGGiftDisposed−23,392$0.00$0318,446Indirect
Jun 12, 2023Common StockGGiftAcquired+46,784$0.00$0124,357Indirect

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
Jun 12, 2023Common StockMOption exerciseDisposed−20,000$0.00$0120,000Direct

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 $163.15 to $164.12, 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 $164.16 to $165.15, 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 $165.16 to $166.14, 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 $166.24 to $167.20, 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 $167.27 to $168.25, 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.

F7

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $168.27 to $169.25, 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.

F8

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $169.27 to $169.59, 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 2 transactions in Table I.

F12

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $163.20 to $163.95, 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 1 transaction in Table I.

F14

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $164.36 to $165.18, 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 $165.81 to $166.61, 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 $167.29 to $168.16, 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 $168.47 to $169.30, 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 $169.48 to $169.50, 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 1 transaction in Table I.

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