ARUBA NETWORKS, INC. 4

4 · ARUBA NETWORKS, INC. · Filed May 20, 2015

Form 4

Period: 2015-05-18

Director

Transactions

Exercise/Conversion
Common Stock
2015-05-18+5,022→ 36,482 total
Exercise/Conversion
Common Stock
2015-05-18+7,533→ 44,015 total
Exercise/Conversion
Common Stock
2015-05-18+3,630→ 25,273 total
Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2015-05-18−25,000→ 0 total
Exercise: $21.55From: 2012-01-31Exp: 2018-01-30→ Common Stock (25,000 underlying)
Disposition to Issuer
Common Stock
2015-05-18−44,015→ 0 total
Exercise/Conversion
Restricted Stock Units
2015-05-18−5,022→ 0 total
Exercise: $0.00From: 2014-12-05Exp: 2015-12-05→ Common Stock (5,022 underlying)
Exercise/Conversion
Restricted Stock Units
2015-05-18−6,187→ 0 total
Exercise: $0.00From: 2014-12-05Exp: 2017-12-05→ Common Stock (6,187 underlying)
Exercise/Conversion
Common Stock
2015-05-18+6,187→ 31,460 total
Exercise/Conversion
Restricted Stock Units
2015-05-18−3,630→ 0 total
Exercise: $0.00From: 2013-11-29Exp: 2016-11-29→ Common Stock (3,630 underlying)
Exercise/Conversion
Restricted Stock Units
2015-05-18−7,533→ 0 total
Exercise: $0.00From: 2014-12-05Exp: 2018-12-05→ Common Stock (7,533 underlying)

Footnotes (4)

[F1]Restricted Stock Units became fully vested and were settled for shares of Common Stock immediately prior to the consummation of the Merger, as defined below.
[F2]44,015 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.
[F3]The NQ stock option, which became fully vested as of January 31, 2015, 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.
[F4]This is not a reportable field.

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