4//SEC Filing
ARUBA NETWORKS, INC. 4
Accession 0001499416-15-000034
CIK 0001173752operating
Filed
May 19, 8:00 PM ET
Accepted
May 20, 5:42 PM ET
Size
18.4 KB
Accession
0001499416-15-000034
Insider Transaction Report
Form 4
Orr Dominic P
DirectorPresident and CEO
Transactions
- Disposition to Issuer
Common Stock
2015-05-18−193,417→ 0 total(indirect: By Trust) - Disposition to Issuer
Common Stock
2015-05-18−125,000→ 0 total - Disposition to Issuer
Common Stock
2015-05-18−152,350→ 0 total(indirect: by Corporation) - Disposition to Issuer
Common Stock
2015-05-18−1,050,000→ 0 total(indirect: By Foundation) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2015-05-18−1,839,443→ 0 totalExercise: $2.25From: 2007-04-18Exp: 2016-04-17→ Common Stock (1,839,443 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2015-05-18−600,000→ 0 totalExercise: $7.58Exp: 2016-06-11→ Common Stock (600,000 underlying) - Disposition to Issuer
Non-Qualified Stock Option (right to buy)
2015-05-18−150,000→ 0 totalExercise: $24.53Exp: 2018-10-13→ Common Stock (150,000 underlying)
Footnotes (8)
- [F1]31,250 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"). 93,750 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 the Exchange Ratio, as defined below, rounded down to the nearest whole share and pursuant to the terms and conditions of the Merger Agreement.
- [F2]152,350 shares were disposed of at the effective time of the Merger in exchange for the Merger Consideration, as defined above.
- [F3]1,050,000 shares were disposed of at the effective time of the Merger in exchange for the Merger Consideration, as defined above.
- [F4]193,417 shares were disposed of at the effective time of the Merger in exchange for the Merger Consideration, as defined above.
- [F5]1,839,443 of the shares underlying the stock option became fully vested as of April 4, 2010, and were 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 vested shares of Issuer common stock underlying the stock option.
- [F6]This is not a reportable field.
- [F7]600,000 of the shares underlying the stock option became fully vested as of June 12, 2013, and were 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 vested shares of Issuer common stock underlying the stock option.
- [F8]138,281 of the shares underlying the stock option became fully vested and were 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 vested shares of Issuer common stock underlying the stock option. 11,719 of the shares underlying the stock option remain subject to vesting and forfeiture conditions and were converted into an option to purchase such number of shares of Hewlett-Packard common stock determined by multiplying the number of unvested shares of Issuer common stock underlying the stock option 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 5 consecutive trading days immediately preceding (but not including) the closing date (the "Exchange Ratio"), rounded down to the nearest whole share and pursuant t
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, 5:42 PM ET
- Size
- 18.4 KB