Home > Insider Trading > Filing (0001372414-19-000014)

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	2019-03-01	6,298	$5.09	289,838	No	4	F	Direct
Common Stock	Acquisiton	2019-03-01	2,336	$0.00	292,174	No	4	M	Direct
Common Stock	Disposition	2019-03-01	807	$5.09	291,367	No	4	F	Direct
Common Stock	Disposition	2019-03-04	12,960	$4.73	278,407	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	Acquisiton	2019-03-01	2,336	$0.00	2,336	$0.00
Common Stock	Performance Stock Units	Disposition	2019-03-01	2,336	$0.00	2,336	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
2,336	2019-03-01	2019-03-01	No	4	A	Direct
0	2019-03-01	2019-03-01	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.
The shares subject to the performance-based RSU grant became eligible to vest as of March 1, 2019 based on the Company's achievement of GAAP revenue for its fiscal year 2018 relative to the Company's target revenue for the period, which target the Company's Board of Directors approved at its meeting on January 30, 2018.
This transaction was made pursuant to a plan intended to comply with rule 10b5-1(c) previously entered into on August 22, 2018.
Price represents the weighted average sale price for the transaction reported. Price range of shares sold is $4.59 through $5.06. 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.