SEC Form 4 · accession 0001499416-15-000026

ARUBA NETWORKS, INC. · ARUN

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Emmanuel T Hernandez

Director

Period of report

May 18, 2015

Accepted (ET)

May 20, 2015 · 5:32 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
Common Stock	May 18, 2015	M	6,288	$0.00	A	27,992	D
Common Stock	May 18, 2015	M	5,226	$0.00	A	33,218	D
Common Stock	May 18, 2015	M	7,839	$0.00	A	41,057	D
Common Stock	May 18, 2015	M	3,782	$0.00	A	44,839	D
Common Stock^F2	May 18, 2015	D	44,839	—	D	0	D

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	D/I
Non-Qualified Stock Option (right to buy)^F4,F3	$2.32	May 18, 2015	D	5,000	D	—	Jan 11, 2016	Common Stock	5,000	D
Non-Qualified Stock Option (right to buy)^F4,F5	$9.10	May 18, 2015	D	25,000	D	—	Dec 13, 2016	Common Stock	25,000	D
Non-Qualified Stock Option (right to buy)^F4,F6	$19.26	May 18, 2015	D	14,123	D	—	Dec 14, 2018	Common Stock	14,123	D
Non-Qualified Stock Option (right to buy)^F4,F7	$23.16	May 18, 2015	D	25,000	D	—	Dec 9, 2017	Common Stock	25,000	D
Restricted Stock Units^F4,F1	$0.00	May 18, 2015	M	5,226	D	Dec 5, 2015	Dec 5, 2015	Common Stock	5,226	D
Restricted Stock Units^F4,F1	$0.00	May 18, 2015	M	3,782	D	Nov 29, 2013	Nov 29, 2016	Common Stock	3,782	D
Restricted Stock Units^F4,F1	$0.00	May 18, 2015	M	6,288	D	Dec 5, 2014	Dec 5, 2017	Common Stock	6,288	D
Restricted Stock Units^F4,F1	$0.00	May 18, 2015	M	7,839	D	Dec 5, 2015	Dec 5, 2018	Common Stock	7,839	D

Explanation of responses

F1Restricted Stock Units became fully vested and were settled for shares of Common Stock immediately prior to the consummation of the Merger, as defined below.
F244,839 shares were disposed of at the effective time of the merger of a subsidiary of Hewlett-Packard Company ("Hewlett-Packard") with and into the Issuer ("Merger") pursuant to the Agreement and Plan of Merger, dated as of March 2, 2015, by and among Hewlett-Packard Company, Aspen Acquisition Sub, Inc. and the Issuer (the "Merger Agreement") in exchange for $24.67 per share, without interest, and subject to deduction for any applicable withholding taxes (the "Merger Consideration"). Includes restricted stock units that became fully vested and were settled for shares of Common Stock immediately prior to the consummation of the Merger.
F3The NQ Stock Option, which became fully vested as of January 12, 2013, was canceled in the Merger in exchange for a cash payment, representing the excess of the Merger Consideration over the exercise price of the option multiplied by the number of shares subject to the NQ stock option.
F4This is not a reportable field.
F5The NQ stock option, which became fully vested as of December 14, 2013, was canceled in the Merger in exchange for a cash payment, representing the excess of the Merger Consideration over the exercise price of the option multiplied by the number of shares subject to the NQ stock option.
F6The NQ stock option, became fully vested immediately prior to the consummation of the Merger, was canceled in the Merger in exchange for a cash payment, representing the excess of the Merger Consideration over the exercise price of the option multiplied by the number of shares subject to the NQ stock option.
F7The NQ stock option, which became fully vested as of December 10, 2014, was canceled in the Merger in exchange for a cash payment, representing the excess of the Merger Consideration over the exercise price of the option multiplied by the number of shares subject to the NQ stock option.