ARUBA NETWORKS, INC. 4
4 · ARUBA NETWORKS, INC. · Filed Nov 25, 2014
Insider Transaction Report
Form 4
Galvin Michael M
VP, Finance (Interim PFO)
Transactions
- Sale
Common Stock
2014-11-24$19.16/sh−3,333$63,853→ 236,423 total - Sale
Common Stock
2014-11-24$19.16/sh−8,472$162,304→ 236,423 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2014-11-24−8,472→ 0 totalExercise: $2.91Exp: 2016-03-16→ Common Stock (8,472 underlying) - Exercise/Conversion
Common Stock
2014-11-24$2.17/sh+3,333$7,233→ 239,756 total - Exercise/Conversion
Common Stock
2014-11-24$2.91/sh+8,472$24,654→ 244,895 total - Exercise/Conversion
Non-Qualified Stock Option (right to buy)
2014-11-24−3,333→ 0 totalExercise: $2.17Exp: 2015-12-11→ Common Stock (3,333 underlying)
Footnotes (5)
- [F1]The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
- [F2]Sales prices range from $18.73 per share to $19.43 per share.
- [F3]The option, representing a right to purchase a total of 40,000 shares, vested and became exercisable as to 25% of the shares on December 12, 2009 and the remaining shares will vest as to an additional 2.0833% of the total shares each month thereafter such that 100% of the total shares subject to the option will be fully vested and exercisable on December 12, 2012.
- [F4]This is not a reportable field.
- [F5]The option, representing a right to purchase a total of 35,000 shares, vested and became exercisable as to 33.33% of the total shares on March 17, 2010 and the remaining shares will vest as to an additional 2.7778% of the total shares each month thereafter such that 100% of the total shares subject to the option will be fully vested and exercisable on March 17, 2012.