0001372414-17-000044.txt : 20170602 0001372414-17-000044.hdr.sgml : 20170602 20170602182202 ACCESSION NUMBER: 0001372414-17-000044 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20170601 FILED AS OF DATE: 20170602 DATE AS OF CHANGE: 20170602 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 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: 17889406 MAIL ADDRESS: STREET 1: C/O AEROHIVE NETWORKS, INC. STREET 2: 330 GIBRALTAR DRIVE CITY: SUNNYVALE STATE: CA ZIP: 94089 4 1 edgar.xml PRIMARY DOCUMENT X0306 4 2017-06-01 0001372414 AEROHIVE NETWORKS, INC HIVE 0001603006 Liu Changming C/O AEROHIVE NETWORKS, INC. 1011 MCCARTHY BLVD MILPITAS CA 95035 1 0 0 0 Common Stock 2017-06-01 4 A 0 30000 0 A 221232 D Common Stock 2017-06-01 4 F 0 1324 4.99 D 219908 D Common Stock 1150400 I See footnote Common Stock 400000 I See footnote Common Stock 0 2017-06-01 4 A 0 30000 0 A 2020-06-01 Common Stock 30000 30000 D Each restricted stock unit (RSU) represents the contingent right to receive, following vesting, one share of the Issuer's Common Stock.The shares will vest ratably in twelve equal quarterly installments as of March 1, June 1, September 1, and December 1 of each year, with the first quarterly vesting occurring as of September 1, 2017 and the last quarterly vesting occurring as of June 1, 2020, subject to the Reporting Person continuing as a service provider through each such date. Includes 4,596 shares the Reporting Person acquired on June 1, 2017 under the Aerohive Networks 2014 Employee Stock Purchase Plan 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 are held by the Liu-Wei Trust, 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. Each restricted stock unit (RSU) represents the contingent right to receive, following vesting, one share of the Issuer's Common Stock.The performance-based award is subject to achievement of specified stock price appreciation goals based on the trailing 20-day average closing share price per share of the Issuer's Common Stock. /s/ Steve Debenham, by power of attorney 2017-06-02