FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). |
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
ARUBA NETWORKS, INC. [ ARUN ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 07/08/2014 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
Code | V | Amount | (A) or (D) | Price | ||||||
Common Stock | 07/08/2014 | M | 100,000 | A | $2.25 | 325,000 | D | |||
Common Stock | 07/08/2014 | S(1) | 100,000 | D | $16.2119(2) | 225,000 | D | |||
Common Stock | 07/09/2014 | M | 100,000 | A | $2.25 | 325,000 | D | |||
Common Stock | 07/09/2014 | S(1) | 100,000 | D | $16.4477(3) | 225,000 | D | |||
Common Stock | 1,301,209 | I | by Corporation | |||||||
Common Stock | 50,000 | I | by Foundation | |||||||
Common Stock | 40,000 | I | by Trust |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Non-Qualified Stock Option (right to buy) | $2.25 | 07/08/2014 | M | 100,000 | (4) | 04/17/2016 | Common Stock | 100,000 | (5) | 2,952,143 | D | ||||
Non-Qualified Stock Option (right to buy) | $2.25 | 07/09/2014 | M | 100,000 | (4) | 04/17/2016 | Common Stock | 100,000 | (5) | 2,852,143 | D |
Explanation of Responses: |
1. The sale reported in this Form 4 was effected pursuant to Rule 10b5-1 trading plan adopted by the Reporting Person. |
2. Sales prices range from $16.09 per share to $16.80 per share. Sale price listed represents the weighted average sale price of all 100,000 shares sold. |
3. Sale prices range from $16.32 to $16.56 per share. Sale price listed represents the weighted average sale price of all 100,000 shares sold. |
4. 25% of the shares subject to the option will vest on April 18, 2007, and the remaining shares will vest monthly thereafter, such that 100% of the shares subject to the option will be fully vested on April 18, 2010. The option is exercisable in full at any time, but the shares received upon exercise before vesting are subject to repurchase restrictions that lapse over time. |
5. This is not a reportable field. |
By: Carmen Elliott, Attorney in Fact For: Dominic Orr | 07/09/2014 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |