SEC FORM 4

SEC Form 4

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

LEONE DOUGLAS M

(Last)

(First)

(Middle)

SEQUOIA CAPITAL

3000 SAND HILL ROAD, BLDG4, #250

(Street)

MENLO PARK

94025

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
ARUBA NETWORKS, INC. [ ARUN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
11/29/2010

4. 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 Acquired, Disposed of, or Beneficially Owned
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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	11/29/2010		J⁽¹⁾		483,180	A	⁽¹⁾	483,180	D
Common Stock	11/29/2010		J⁽¹⁾		13,659,581	D	⁽¹⁾	0	I	by Partnership⁽²⁾
Common Stock	11/29/2010		J⁽¹⁾		10,330	A	⁽¹⁾	10,330	I	by Partnership⁽³⁾
Common Stock	11/29/2010		J⁽¹⁾		17,545	A	⁽¹⁾	17,545	I	by Trust⁽³⁾
Common Stock	11/29/2010		J⁽¹⁾		63,539	A	⁽¹⁾	81,084	I	by Trust⁽³⁾
Common Stock	11/29/2010		J⁽¹⁾		63,539	A	⁽¹⁾	144,623	I	by Trust⁽³⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Distribution to partners and includes subsequent distributions by general partners to their respective partners.

2. Douglas M. Leone is a managing member of each of SC X Management LLC ("SC X Management") and SCGF III Management, LLC ("SCGF Management"). SC X Management is the general partner of each of Sequoia Capital X and Sequoia Technology Partners X and is the managing member of Sequoia Capital X Principals Fund. SCGF Management is the general partner of each of Sequoia Capital Growth Fund III and Sequoia Capital Growth Partners III and is the managing member of Sequoia Capital Growth III Principals Fund. See bottom for continuation of footnote.

3. Mr. Leone disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein.

Remarks:

This paragraph is a continuation of footnote (2) above. By virtue of these relationships, Mr. Leone may be deemed to share voting and dispositive power with respect to the 10,568,502 shares owned by Sequoia Capital X, the 1,543,633 shares owned by Sequoia Technology Partners X, the 1,103,912 shares owned by Sequoia Capital X Principals Fund, the 418,240 shares owned by Sequoia Capital Growth Fund III, the 4,604 shares owned by Sequoia Capital Growth Partners III and the 20,690 shares owned by Sequoia Capital Growth III Principals Fund. Mr. Leone disclaims beneficial ownership of the securities held by each of the entities referred to above except to the extent of his pecuniary interest therein.

	By: Jeannette Bjoernsen Attorney-in-Fact For: Douglas Leone	11/30/2010
	** 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.