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Filing Details

Accession Number:: 0001393300-11-000062
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2011-04-07 18:19:46
Reporting Period:: 2011-04-05

Filing Date:: 2011-04-07
Accepted Time:: 2011-04-07 18:19:46
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		No	No	No	Yes

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2011-04-05	30,200	$2.17	30,200	No	4	M	Direct
Common Stock	Disposition	2011-04-05	30,200	$31.90	0	No	4	S	Direct
Common Stock	Acquisiton	2011-04-06	6,050	$2.17	6,050	No	4	M	Direct
Common Stock	Disposition	2011-04-06	6,050	$30.25	0	No	4	S	Direct
Common Stock	Acquisiton	2011-04-06	254,808	$5.12	254,808	No	4	M	Direct
Common Stock	Disposition	2011-04-06	94,610	$30.61	160,198	No	4	S	Direct
Common Stock	Disposition	2011-04-06	160,198	$31.80	0	No	4	S	Direct
Common Stock	Acquisiton	2011-04-07	40,192	$5.12	40,192	No	4	M	Direct
Common Stock	Disposition	2011-04-07	40,192	$30.31	0	No	4	S	Direct
Common Stock	Acquisiton	2011-04-07	131,250	$7.58	131,250	No	4	M	Direct
Common Stock	Disposition	2011-04-07	111,250	$30.54	20,000	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	S	Direct
No	4	M	Direct
No	4	S	Direct
No	4	M	Direct
No	4	S	Direct
No	4	S	Direct
No	4	M	Direct
No	4	S	Direct
No	4	M	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Non-Qualified Stock Option (right to buy)	Disposition	2011-04-05	30,200	$0.00	30,200	$2.17
Common Stock	Non-Qualified Stock Option (right to buy)	Disposition	2011-04-06	6,050	$0.00	6,050	$2.17
Common Stock	Non-Qualified Stock Option (right to buy)	Disposition	2011-04-06	254,808	$0.00	254,808	$5.12
Common Stock	Non-Qualified Stock Option (right to buy)	Disposition	2011-04-07	40,192	$0.00	40,192	$5.12
Common Stock	Non-Qualified Stock Option (right to buy)	Disposition	2011-04-07	131,250	$0.00	131,250	$7.58

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
49,800	2015-12-11	No	4	M	Direct
43,750	2015-12-11	No	4	M	Direct
40,192	2016-12-10	No	4	M	Direct
0	2016-12-10	No	4	M	Direct
168,750	2016-06-11	No	4	M	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	15,192	Indirect	by Trust

Footnotes

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. As previously disclosed, the Reporting Person has paid an aggregate of $56,533 to the Issuer, representing the deemed profit realized in connection with sales matchable with such deemed purchase as calculated pursuant to Section 16(b). No additional disgorgement to the Issuer is required by the Reporting Person with respect to the sales reported herein. 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.
Sale prices range from $31.85 per share to $32.025 per share. Sale price listed represents the weighted average sale price of all 30,200 shares sold.
Sale prices range from $30.19 per share to $30.28 per share. Sale price listed represents the weighted average sale price of all 6,050 shares sold.
Sale prices range from $30.28 per share to $31.26 per share. Sale price listed represents the weighted average sale price of all 94,610 shares sold.
Sale prices range from $31.28 per share to $32.08 per share. Sale price listed represents the weighted average sale price of all 160,198 shares sold.
Sale prices range from $30.04 per share to $30.40 per share. Sale price listed represents the weighted average sale price of all 40,192 shares sold.
Sale prices range from $30.40 per share to $31.00 per share. Sale price listed represents the weighted average sale price of all 111,250 shares sold.
The shares vest in 48 equal monthly installments, such that 100% of the shares subject to the option shall be fully vested as of 12/12/2012.
1/36th of the shares subject to the option will vest and become exercisable on February 1, 2008, and the remaining shares will vest monthly thereafter, such that 100% of the shares subject to the option will be fully vested and exercisable on January 1, 2011.
25% of the shares subject to this option will vest and become exercisable on June 12, 2010, and the remaining shares will vest monthly thereafter, such that 100% of the shares subject to the option will be fully vested and exercisable on June 12, 2013.