Sec Form 4 Filing - Melkote Keerti @ ARUBA NETWORKS, INC. - 2010-12-21

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Melkote Keerti
2. Issuer Name and Ticker or Trading Symbol
ARUBA NETWORKS, INC. [ ARUN]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Chief Technology Officer
(Last) (First) (Middle)
1344 CROSSMAN AVENUE
3. Date of Earliest Transaction (MM/DD/YY)
12/21/2010
(Street)
SUNNYVALE, CA94089
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 12/21/2010 G( 1 ) 1,000 ( 2 ) D $ 0 8,083 D
Common Stock 12/17/2012 G( 1 ) 1,700 D $ 0 148,909 D
Common Stock 12/18/2012 S( 3 ) 9,375 D $ 20.583 ( 4 ) 139,534 D
Common Stock 12/17/2012 M 5,400 A $ 5.18 5,704 I by Spouse
Common Stock 12/17/2012 S( 5 ) 5,400 D $ 20.329 304 I by Spouse
Common Stock 3,328 I by Daughter ( 6 )
Common Stock 3,328 I by Son ( 6 )
Common Stock 1,227,098 I by Trust
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Non-Qualified Stock Option (right to buy) $ 5.18 12/17/2012 M 5,400 03/14/2009( 7 ) 03/13/2015 Common Stock 5,400 $ 0 ( 8 ) 0 I by Spouse
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Melkote Keerti
1344 CROSSMAN AVENUE
SUNNYVALE, CA94089
X Chief Technology Officer
Signatures
By: Carmen Elliott, Attorney in Fact For: Keerti Melkote 12/18/2012
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Represents shares disposed of by the reporting person through a bona fide gift.
( 2 )The gift transaction was not reported on a Form 5 for the year ending 12/31/2010.
( 3 )The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on 10-11-2012.
( 4 )Sales prices range from $20.52 per share to $20.66 per share. Sale price listed represents the weighted average sale price of all 9,375 shares sold.
( 5 )The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Spouse of the Reporting Person on 10-12-2012.
( 6 )Shares held in custodial account.
( 7 )25% of the shares subject to this option will vest and become exercisable on March 14, 2009, and the remaining shares will vest monthly thereafter, such that 100% of the shares subject to the option will be fully vested and exercisable on March 14, 2012.
( 8 )This is not a reportable field.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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