ARUBA NETWORKS, INC. 4
4 · ARUBA NETWORKS, INC. · Filed Sep 16, 2014
Insider Transaction Report
Form 4
Galvin Michael M
VP, Finance (Interim PFO)
Transactions
- Exercise/Conversion
Common Stock
2014-09-12+5,147→ 245,334 total - Exercise/Conversion
Common Stock
2014-09-15+1,875→ 247,209 total - Exercise/Conversion
Restricted Stock Units
2014-09-12−5,147→ 0 totalExercise: $0.00From: 2014-09-12Exp: 2014-09-12→ Common Stock (5,147 underlying) - Exercise/Conversion
Restricted Stock Units
2014-09-15−1,875→ 24,375 totalExercise: $0.00From: 2014-09-15Exp: 2017-12-15→ Common Stock (1,875 underlying) - Award
Restricted Stock Units
2014-09-12+5,147→ 5,147 totalExercise: $0.00From: 2014-09-12Exp: 2014-09-12→ Common Stock (5,147 underlying) - Sale
Common Stock
2014-09-16$22.39/sh−5,124$114,748→ 242,085 total - Sale
Common Stock
2014-09-16$22.81/sh−2,756$62,863→ 239,329 total
Footnotes (7)
- [F1]The shares were issued upon vesting of a Restricted Stock Unit Award.
- [F2]Restricted Stock Units are full value share awards. There is no purchase price.
- [F3]The sale reported was effected for the payment of payroll taxes due upon the release of shares to the Reporting Person.
- [F4]Includes an aggregate of 87,464 unvested restricted stock units. 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. Each restricted stock unit represents one full share.
- [F5]Shares issued under the Company's Executive Officer Bonus Plan. The shares vested immediately upon grant date.
- [F6]This is not a reportable field.
- [F7]The 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.