ARUBA NETWORKS, INC. 4
4 · ARUBA NETWORKS, INC. · Filed Mar 10, 2008
Insider Transaction Report
Form 4
Ramachandran Sriram
VP Engineering
Transactions
- Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2008-03-06−57,082→ 556,718 totalExercise: $2.33Exp: 2016-08-17→ Common Stock (57,082 underlying) - Exercise/Conversion
Common Stock
2008-03-06$2.33/sh+57,082$133,001→ 100,000 total
Footnotes (1)
- [F1]25% of the shares subject to this option vested on August 14, 2007, and the remaining shares will vest monthly thereafter, such that 100% of the shares subject to the option will be fully vested on August 14, 2010. 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.