| 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) 03/14/2014 | ||||||||||||||||||||||||||
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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 | 03/14/2014 | M | 6,063(1) | A | $0.0(2) | 262,277(3) | D | |||
| Common Stock | 03/15/2014 | M | 1,875(1) | A | $0.0(2) | 264,152 | D | |||
| Common Stock | 03/17/2014 | S | 15,595(4) | D | $19.5768 | 248,557(5) | D | |||
| Common Stock | 03/18/2014 | S | 5,122(4) | D | $19.9103 | 243,435(6) | D | |||
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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 | ||||||||
| Restricted Stock Units | $0.0(7) | 03/14/2014 | A | 6,063 | 03/14/2014(8) | 03/14/2014 | Common Stock | 6,063 | (9) | 6,063 | D | ||||
| Restricted Stock Units | $0.0(7) | 03/14/2014 | M | 6,063 | 03/14/2014(8) | 03/14/2014 | Common Stock | 6,063 | (9) | 0 | D | ||||
| Restricted Stock Units | $0.0(7) | 03/15/2014 | M | 1,875 | (10) | 12/15/2017 | Common Stock | 1,875 | (9) | 28,125 | D | ||||
| Explanation of Responses: |
| 1. The shares were issued upon vesting of a Restricted Stock Unit Award. |
| 2. Restricted Stock Units are full value share awards. There is no purchase price. |
| 3. Includes shares acquired on 3/1/2014 through the Company's Employee Stock Purchase Plan. |
| 4. The participant vested in RSU awards previously reported in Table I and Table II. The number of shares reported as sold represent an aggregate of the shares sold to cover payroll tax due upon the release of all shares to the Participant. |
| 5. Includes an aggregate of 110,901 unvested restricted stock units. In the event the Reporting Person ceases to be a Service Provider before these restricted stock units vest, the unvested restricted stock units will be forfeited to the Issuer. Each restricted stock unit represents one full share. |
| 6. Includes an aggregate of 103,088 unvested restricted stock units. In the event the Reporting Person ceases to be a Service Provider before these restricted stock units vest, the unvested restricted stock units will be forfeited to the Issuer. Each restricted stock unit represents one full share. |
| 7. Each restricted stock unit represents a full value share, there is no exercise price. |
| 8. Shares issued under the Company's Executive Officer Bonus Plan. The shares vested immediately upon grant date. |
| 9. This is not a reportable field. |
| 10. The Reporting Person received a grant of restricted stock units scheduled to vest in 16 equal quarterly installments beginning on March 15, 2014. In the event the Reporting Person ceases to be a Service Provider before these restricted stock units vest, the unvested restricted stock units will be forfeited. Each restricted stock unit represents one full share. |
| By: Carmen Elliott, Attorney in Fact For: Michael Galvin | 03/18/2014 | |
| ** 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. | ||