X0306 4 2016-06-01 0001372414 AEROHIVE NETWORKS, INC HIVE 0001250321 FLYNN DAVID K. C/O AEROHIVE NETWORKS, INC. 330 GIBRALTAR DRIVE SUNNYVALE CA 94089 0 1 0 0 SVP Worldwide Sales Common Stock 2016-06-01 4 F 0 7751 6.26 D 55374 D Common Stock 2016-06-01 4 A 0 100000 0 A 159742 D Common Stock 1385427 I See footnote Common Stock 0 2016-06-01 4 A 0 100000 0 A 2019-06-01 Common Stock 100000 100000 D Employee Stock Option 6.26 2016-06-01 4 A 0 200000 0 A 2026-06-01 Common Stock 200000 200000 D 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 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 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, 2016 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 4,368 shares the Reporting Person acquired on June 1, 2016 under the Aerohive Networks 2014 Employee Stock Purchase Plan. Shares were moved from direct ownership to the David and Pamela Flynn co-ttees Flynn Living Trust dtd 07/22/99 in the amount of 1,345,427. The shares are held by David and Pamela Flynn co-ttees Flynn Living Trust dtd 07/22/99. 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 of the Issuer's Common Stock. The shares subject to each award will vest ratably in 36 equal monthly installments, with the first monthly vesting occurring as of July 1, 2016 and the last monthly vesting occurring as of June 1, 2019, subject to the Reporting Person continuing as a service provider through each such date. /s/ Steve Debenham, by power of attorney 2016-06-03