Filing Details

Accession Number:
0001393300-11-000043
Form Type:
4
Zero Holdings:
No
Publication Time:
2011-03-22 18:56:57
Reporting Period:
2011-03-18
Filing Date:
2011-03-22
Accepted Time:
2011-03-22 18:56:57
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1173752 Aruba Networks Inc. ARUN Computer Peripheral Equipment, Nec (3577) 020579097
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1393402 Steffan Tomlinson 1344 Crossman Avenue
Sunnyvale CA 94089
Chief Financial Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2011-03-18 5,326 $0.00 11,759 No 4 A Direct
Common Stock Disposition 2011-03-18 5,326 $0.00 6,433 No 4 J Direct
Common Stock Acquisiton 2011-03-21 20,000 $1.25 26,433 No 4 M Direct
Common Stock Disposition 2011-03-21 13,200 $31.69 13,233 No 4 S Direct
Common Stock Disposition 2011-03-21 6,800 $32.01 6,433 No 4 S Direct
Common Stock Acquisiton 2011-03-18 5,326 $0.00 15,192 No 4 J Indirect by Trust
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 J Direct
No 4 M Direct
No 4 S Direct
No 4 S Direct
No 4 J Indirect by Trust
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Incentive Stock Option (right to buy) Disposition 2011-03-21 20,000 $0.00 20,000 $1.25
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2015-10-05 No 4 M Direct
Footnotes
  1. RSU shares issued under the Company's Executive Officer Bonus Plan. These RSUs were immediately vested and released upon grant.
  2. Shares transferred to a trust.
  3. The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on 6/28/2010.
  4. The Reporting Person's sales of the Issuer's Common Stock reported herein are matchable under Section 16(b) of the Securities Exchange Act of 1934 with the Reporting Person's deemed purchase of 5,000 shares of the Issuer's Common Stock on December 14, 2010. The Reporting Person has paid an aggregate of $47,645 to the Issuer, representing the deemed profit realized in connection with the short-swing transaction as calculated pursuant to Section 16(b). The Reporting Person may owe additional disgorgement to the Issuer in the event of a future sale of the Issuer's Common Stock within six months of December 14, 2010 on the incremental amount, if any, between the future sale price and the prices used to calculate the disgorgement disclosed above, and only on 5,000 shares.
  5. Sale prices range from $30.95 per share to $31.94 per share. Sale price listed represents the weighted average sale price of all 13,200 shares sold.
  6. Sale prices range from $31.95 per share to $32.19 per share. Sale price listed represents the weighted average sale price of all 6,800 shares sold.
  7. Shares beneficially owned include 1,550 shares acquired on 3/1/2011 through the Company's Employee Stock Purchase Plan.
  8. 25% of the shares subject to the option vested on September 1, 2006, and the remaining shares will vest monthly thereafter, such that 100% of the shares subject to the option will be fully vested on September 1, 2009. 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.