0001372414-19-000068.txt : 20190809 0001372414-19-000068.hdr.sgml : 20190809 20190809135224 ACCESSION NUMBER: 0001372414-19-000068 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20190809 FILED AS OF DATE: 20190809 DATE AS OF CHANGE: 20190809 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: FLYNN DAVID K. CENTRAL INDEX KEY: 0001250321 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36355 FILM NUMBER: 191012450 MAIL ADDRESS: STREET 1: C/O AEROHIVE NETWORKS, INC. STREET 2: 330 GIBRALTAR DRIVE CITY: SUNNYVALE STATE: CA ZIP: 94089 FORMER NAME: FORMER CONFORMED NAME: FLYNN DAVID DATE OF NAME CHANGE: 20030628 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: AEROHIVE NETWORKS, INC CENTRAL INDEX KEY: 0001372414 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER INTEGRATED SYSTEMS DESIGN [7373] IRS NUMBER: 204524700 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1011 MCCARTHY BOULEVARD CITY: MILPITAS STATE: CA ZIP: 95035 BUSINESS PHONE: 408-510-6100 MAIL ADDRESS: STREET 1: 1011 MCCARTHY BOULEVARD CITY: MILPITAS STATE: CA ZIP: 95035 FORMER COMPANY: FORMER CONFORMED NAME: AEROHIVE NETWORKS INC DATE OF NAME CHANGE: 20060811 4 1 edgar.xml PRIMARY DOCUMENT X0306 4 2019-08-09 0001372414 AEROHIVE NETWORKS, INC HIVE 0001250321 FLYNN DAVID K. C\O AEROHIVE NETWORKS 1011 MCCARTHY BLVD. MILPITAS CA 95035 1 1 0 0 President, CEO & Director Common Stock 2019-08-09 4 D 0 905403 4.45 D 0 D Common Stock 2019-08-09 4 D 0 1345427 4.45 D 0 I Flynn Living Trust Performance Stock Units 0 2019-08-09 4 M 0 167000 0 D 2021-06-01 Common Stock 167000 0 D Performance Stock Units 0 2019-08-09 4 M 0 55000 0 D 2022-06-01 Common Stock 55000 0 D Performance Stock Units 0 2019-08-09 4 M 0 55000 0 D 2022-06-01 Common Stock 55000 0 D Stock Option (Right to buy) 2.05 2019-08-09 4 D 0 213488 0 D 2022-05-04 Common Stock 213488 0 D Stock Option (Right to buy) 6.00 2019-08-09 4 D 0 120000 0 D 2023-06-11 Common Stock 120000 0 D Stock Option (Right to buy) 9.575 2019-08-09 4 D 0 200000 0 D 2023-10-07 Common Stock 200000 0 D Stock Option (Right to buy) 7.15 2019-08-09 4 D 0 550000 0 D 2025-06-01 Common Stock 550000 0 D Stock Option (Right to buy) 6.26 2019-08-09 4 D 0 200000 0 D 2026-06-01 Common Stock 200000 0 D Each outstanding share of the Common Stock of the Issuer was converted into the right to receive $4.45 per share in cash, as described in the Agreement and Plan of Merger ("Merger Agreement") dated as of June 26, 2019, a copy of which is filed as Exhibit 2.1 to the Issuer's Form 8-K filed with the SEC on June 26, 2019. Certain of these securities were restricted stock units ("RSUs") that represented the Reporting Person's right to receive Common Stock shares of the Issuer. The RSUs were cancelled and converted automatically into the right to receive cash, as described in the Merger Agreement. Includes 2,018 shares the Reporting Person acquired on July 31, 2019 under the Aerohive Networks 2014 Employee Stock Purchase Plan. The shares are held by David and Pamela Flynn co-ttees Flynn Living Trust dtd 07/22/99. These securities were performance stock units ("PSUs") that represented the Reporting Person's right to receive Common Stock shares of the Issuer. The PSUs were cancelled and converted automatically into the right to receive cash, as described in the Merger Agreement. Each outstanding option of the Issuer was either converted into the right to receive cash, or was cancelled without any cash payment or other consideration, as described in the Merger Agreement. /s/ Steve Debenham by power of attorney 2019-08-09