4//SEC Filing
ARUBA NETWORKS, INC. 4
Accession 0001499416-15-000033
CIK 0001173752operating
Filed
May 19, 8:00 PM ET
Accepted
May 20, 5:41 PM ET
Size
26.8 KB
Accession
0001499416-15-000033
Insider Transaction Report
Form 4
Melkote Keerti
DirectorChief Technology Officer
Transactions
- Award
Common Stock
2015-05-18+30,937→ 88,160 total - Disposition to Issuer
Common Stock
2015-05-18−3,328→ 0 total(indirect: by Son) - Disposition to Issuer
Common Stock
2015-05-18−1,279,568→ 0 total(indirect: By Trust) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2015-05-18−9,000→ 0 totalExercise: $7.58Exp: 2016-06-11→ Common Stock (9,000 underlying) - Exercise/Conversion
Common Stock
2015-05-18+10,312→ 57,223 total - Disposition to Issuer
Common Stock
2015-05-18−88,160→ 0 total - Disposition to Issuer
Common Stock
2015-05-18−304→ 0 total(indirect: By Spouse) - Award
Restricted Stock Units
2015-05-18+36,563→ 36,563 totalExercise: $0.00From: 2015-05-18Exp: 2017-07-31→ Common Stock (36,563 underlying) - Disposition to Issuer
Restricted Stock Units
2015-05-18−30,938→ 0 totalExercise: $0.00From: 2014-03-15Exp: 2017-12-15→ Common Stock (0 underlying) - Disposition to Issuer
Common Stock
2015-05-18−3,328→ 0 total(indirect: by Daughter) - Disposition to Issuer
Restricted Stock Units
2015-05-18−36,563→ 0 totalExercise: $0.00From: 2015-05-18Exp: 2017-07-31→ Common Stock (36,563 underlying) - Exercise/Conversion
Restricted Stock Units
2015-05-18−10,312→ 30,938 totalExercise: $0.00Exp: 2017-12-15→ Common Stock (10,312 underlying)
Footnotes (11)
- [F1]10,312 of these 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.
- [F10]36,563 market stock units remain subject to time based vesting and forfeiture conditions and were converted into such number of restricted stock units of Hewlett-Packard determined by multiplying the number of unvested restricted stock units by the Exchange Ratio.
- [F11]30,938 shares consist of restricted stock units that remain subject to time based vesting and forfeiture conditions and were converted into such number of restricted stock units of Hewlett-Packard determined by multiplying the number of unvested restricted stock units by a fraction, of which the numerator is equal to the Merger Consideration and the denominator is equal to the average closing price of a share of Hewlett-Packard common stock on the New York Stock Exchange for the five consecutive trading days immediately preceding (but not including) the closing date (the "Exchange Ratio"), rounded down to the nearest whole share and pursuant to the terms and conditions of the Merger Agreement.
- [F2]Represents market stock units which became fully vested and were settled for shares of Common Stock immediately prior to the consummation of the Merger, as defined below.
- [F3]53,003 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"). 35,157 shares remain subject to time-based vesting and forfeiture conditions and were converted into such number of restricted stock units of Hewlett-Packard determined by multiplying the number of unvested restricted stock units by the Exchange Ratio, as defined below, rounded down to the nearest whole share and pursuant to the terms and conditions of the Merger Agreement.
- [F4]3,328 shares were disposed of at the effective time of the Merger in exchange for the Merger Consideration.
- [F5]304 shares were disposed of at the effective time of the Merger in exchange for the Merger Consideration.
- [F6]1,279,568 shares were disposed of at the effective time of the Merger in exchange for the Merger Consideration.
- [F7]The NQ stock option, which became fully vested as of June 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.
- [F8]This is not a reportable field.
- [F9]36,563 market stock units were earned on May 18, 2015 and became time-based restricted stock units subject to vesting in equal quarterly installments following May 18, 2015.
Documents
Issuer
ARUBA NETWORKS, INC.
CIK 0001173752
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001173752
Filing Metadata
- Form type
- 4
- Filed
- May 19, 8:00 PM ET
- Accepted
- May 20, 5:41 PM ET
- Size
- 26.8 KB