0001209191-15-049663.txt : 20150603
0001209191-15-049663.hdr.sgml : 20150603
20150603165314
ACCESSION NUMBER: 0001209191-15-049663
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20150601
FILED AS OF DATE: 20150603
DATE AS OF CHANGE: 20150603
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: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 330 GIBRALTAR DRIVE
CITY: SUNNYVALE
STATE: CA
ZIP: 94089
BUSINESS PHONE: 408-510-6100
MAIL ADDRESS:
STREET 1: 330 GIBRALTAR DRIVE
CITY: SUNNYVALE
STATE: CA
ZIP: 94089
FORMER COMPANY:
FORMER CONFORMED NAME: AEROHIVE NETWORKS INC
DATE OF NAME CHANGE: 20060811
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Liu Changming
CENTRAL INDEX KEY: 0001603006
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36355
FILM NUMBER: 15910653
MAIL ADDRESS:
STREET 1: C/O AEROHIVE NETWORKS, INC.
STREET 2: 330 GIBRALTAR DRIVE
CITY: SUNNYVALE
STATE: CA
ZIP: 94089
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2015-06-01
0
0001372414
AEROHIVE NETWORKS, INC
HIVE
0001603006
Liu Changming
C/O AEROHIVE NETWORKS, INC.
330 GIBRALTAR DRIVE
SUNNYVALE
CA
94089
1
0
0
0
Common Stock
2015-06-01
4
F
0
1835
7.15
D
130642
D
Common Stock
2015-06-01
4
A
0
30000
0.00
A
165642
D
Common Stock
1225400
I
See footnote
Common Stock
400000
I
See footnote
Employee Stock Option (right to buy)
7.15
2015-06-01
4
A
0
60000
0.00
A
2025-06-01
Common Stock
60000
60000
D
In an exempt disposition to the Issuer under rule 16b-3(e), the Reporting Person remitted shares to the Issuer in connection with the satisfaction of tax withholding obligations arising out of the vesting of previously reported restricted stock units, or RSUs.
Each restricted stock unit (RSU) represents the contingent right to receive, following vesting, one share of Common Stock of Aerohive Networks. The shares will vest ratably in sixteen equal quarterly installments as of September 1, December 1, March 1, and June 1 of each year, with the first quarterly vesting occurring as of September 1, 2015 and the last quarterly vesting occurring as of June 1, 2019, subject to the Reporting Person continuing as a service provider through each such date.
Includes 5,000 shares acquired on June 1, 2015 under the Aerohive Networks 2014 Employee Stock Purchase Plan.
The shares are held by the Liu-Wei Trust created March 27, 2000, for which the Reporting Person serves as trustee.
The shares are held by the Liu/Wei 2012 Irrevocable Descendants' Trust dated December 19, 2012, for which the Reporting Person's spouse serves as trustee.
One forty-eighth of the shares subject to the option vest on July 1, 2015 and monthly thereafter, subject to the Reporting Person continuing as a service provider through each such date.
/s/ Steve Debenham, by power of attorney
2015-06-03