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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1372414	Aerohive Networks Inc	HIVE	()	4

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1263745	Stephen Debenham	C/O Aerohive Networks 1011 Mccarthy Blvd. Milpitas CA 95035	Vp, Gen. Counsel & Secretary	No	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Disposition	2018-12-01	6,134	$3.66	307,732	No	4	F	Direct
Common Stock	Acquisiton	2018-12-01	5,375	$0.00	313,107	No	4	M	Direct
Common Stock	Disposition	2018-12-01	1,859	$3.66	311,248	No	4	F	Direct
Common Stock	Disposition	2018-12-04	15,112	$3.62	296,136	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	F	Direct
No	4	M	Direct
No	4	F	Direct
No	4	S	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Performance Stock Units	Disposition	2018-12-01	5,375	$0.00	5,375	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
21,500	2018-12-01	2020-06-01	No	4	M	Direct

Footnotes

In an exempt disposition to the Issuer under rule 16b-3(e), the Issuer withheld shares otherwise to be delivered to the Reporting Person in connection with the satisfaction of the Company's estimate of the Reporting Person's minimum statutory tax withholding requirement arising from the vesting of such shares under a previously reported award of restricted stock units.
50% of the shares subject to the grant became eligible to vest as of December 19, 2017, when the 20 trading-day, average trailing-closing-price for the Company's Common Stock as reported by NYSE exceeded $5.50 per share. Under the terms of the grant, such shares will be delivered to the Reporting Person in four equal installments as of each of March 1, June 1, September 1 and December 1, 2018, subject to the Reporting Person continuing as a service provider to the Company as of such respective dates.
Price represents the weighted average sale price for the transaction reported. Price range of shares sold is $3.60 through $3.635. Reporting person undertakes to provide upon request by the SEC staff or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
This transaction was made pursuant to a plan intended to comply with rule 10b5-1(c) previously entered into on August 22, 2018.