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