X0306 4 2015-06-01 0 0001372414 AEROHIVE NETWORKS, INC HIVE 0001250321 FLYNN DAVID K. C/O AEROHIVE NETWORKS, INC. 330 GIBRALTAR DRIVE SUNNYVALE CA 94089 1 1 0 0 President and CEO Common Stock 2015-06-01 4 F 0 5638 7.15 D 743642 D Common Stock 2015-06-01 4 A 0 90000 0.00 A 837741 D Common Stock 589789 I See footnote Employee Stock Option (right to buy) 7.15 2015-06-01 4 A 0 550000 0.00 A 2025-06-01 Common Stock 550000 550000 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 4,099 shares acquired on June 1, 2015 under the Aerohive Networks 2014 Employee Stock Purchase Plan. The shares are held by the David Flynn 2012 Annuity Trust dated December 20, 2012, of which the Reporting Person is the 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