SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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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1. Name and Address of Reporting Person*
Orr Dominic P

(Last) (First) (Middle)
1322 CROSSMAN AVENUE

(Street)
SUNNYVALE CA 94089

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
03/26/2007
3. Issuer Name and Ticker or Trading Symbol
ARUBA NETWORKS, INC. [ ARUN ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
X Officer (give title below) Other (specify below)
President and CEO
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock 1,383,460 D
Common Stock 143,169 I by Corporation(1)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Non-Qualified Stock Option (right to buy) (2) 04/17/2016 Common Stock 5,659,143 $2.25 D
Series A Convertible Preferred (3) (3) Common Stock 114,975 (3) I by Corporation(4)
Series B Convertible Preferred (3) (3) Common Stock 112,500 (3) I by Corporation(1)
Series C Convertible Preferred (3) (3) Common Stock 35,145 (3) I by Corporation(1)
Explanation of Responses:
1. By Ardmore Ventures
2. 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.
3. Each share of Issuer's Convertible Preferred Stock will be automatically converted into one share of Issuer's Common Stock upon the closing of a firm commitment underwritten public offering pursuant to an effective registration statement of its Common Stock under Section 12(b) of the Securities and Exchange Act of 1934, as amended.
4. Securities held of record by Praia Grande Ventures, LP (112,500), D. Orr Management Company, LLC (2,250) and Ardmore Ventures (225).
By: Jeannette Bjoernsen Attorney-in-Fact For: Dominic P. Orr 03/26/2007
** 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 5 (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.
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