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
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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*
Melkote Keerti

(Last) (First) (Middle)
1344 CROSSMAN AVENUE

(Street)
SUNNYVALE CA 94089

(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
X Officer (give title below) Other (specify below)
Chief Technology Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/14/2014
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)
Code V Amount (A) or (D) Price
Common Stock 03/14/2014 M 5,389(1) A $0.0(2) 112,689 D
Common Stock 03/15/2014 M 3,750(1) A $0.0(2) 116,439 D
Common Stock 03/18/2014 S(3) 9,825 D $19.7362(4) 106,614 D
Common Stock 3,328 I by Daughter(5)
Common Stock 3,328 I by Son(5)
Common Stock 304 I by Spouse
Common Stock 1,233,948 I by Trust
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units $0.0(6) 03/14/2014 A 5,389 03/14/2014(7) 03/14/2014 Common Stock 5,389 (8) 5,389 D
Restricted Stock Units $0.0(6) 03/14/2014 M 5,389 03/14/2014(7) 03/14/2014 Common Stock 5,389 (8) 0 D
Restricted Stock Units $0.0(6) 03/15/2014 M 3,750 03/15/2014(9) 12/15/2017 Common Stock 3,750 (8) 56,250 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. The sale reported was effected for the payment of payroll taxes due upon the release of shares to the Reporting Person.
4. Sales prices range from $19.66 per share to $19.8025 per share. Sale price listed represents the weighted average sale price of all 9,825 shares sold.
5. Shares held in custodial account.
6. Each restricted stock unit represents a full value share, there is no exercise price.
7. Shares issued under the Company's Executive Officer Bonus Plan. The shares vested immediately upon grant date.
8. This is not a reportable field.
9. 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: Keerti Melkote 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.
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