SEC Form 4 · accession 0001499416-15-000006
ARUBA NETWORKS, INC. · ARUN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Keerti Melkote
Officer — Chief Technical Officer · Director
Period of report
Mar 16, 2015
Accepted (ET)
Mar 17, 2015 · 5:20 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001173752
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Dec 26, 2014 | G | 1,925 | $0.00 | D | 46,875 | D | |
| Common StockF3 | Mar 16, 2015 | M | 3,750 | $0.00 | A | 1,279,568 | I | by Trust |
| Common StockF4 | holding | — | — | — | 3,328 | I | by Daughter | |
| Common StockF4 | holding | — | — | — | 3,328 | I | by Son | |
| Common Stock | holding | — | — | — | 304 | I | by Spouse |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF7,F5,F6 | $0.00 | Mar 16, 2015 | M | 3,750 | D | Mar 15, 2014 | Dec 15, 2017 | Common Stock | 3,750 | 41,250 | D |
Explanation of responses
- F1Represents shares disposed of by the reporting person through a bona fide gift.
- F2Since the reporting person's last filing 10,138 shares of common stock were transferred into the name of the trust. Represents 46,875 unvested restricted stock units as of the date of this filing. 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.
- F3Since the reporting person's last filing, shares beneficially owned include 10,138 shares transferred from direct holdings and 1,487 shares acquired by Reporting Person on 3/2/2015 under the Company's Employee Stock Purchase Plan.
- F4Shares held in custodial account.
- F5Each restricted stock unit represents a full value share, there is no exercise price.
- F6The 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.
- F7This is not a reportable field.