X0306 4 2018-06-01 0001372414 AEROHIVE NETWORKS, INC HIVE 0001250321 FLYNN DAVID K. C\O AEROHIVE NETWORKS 1011 MCCARTHY BLVD. MILPITAS CA 95035 1 1 0 0 President, CEO & Director Common Stock 2018-06-01 4 F 0 4828 3.96 D 225437 D Common Stock 2018-06-01 4 A 0 167000 0 A 392437 D Common Stock 1345427 I Flynn Living Trust Performance Stock Units 0 2018-06-01 4 A 0 167000 0 A 2021-06-01 Common Stock 167000 167000 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 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. Includes 4,673 shares the Reporting Person acquired on June 1, 2018 under the Aerohive Networks 2014 Employee Stock Purchase Plan. Each restricted stock unit (RSU) represents the contingent right to receive, following vesting, one share of the Issuer's Common Stock. The shares subject to the grant 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, 2018 and the last quarterly vesting occurring as of June 1, 2021, subject to the Reporting Person continuing as a service provider to the Company as of such respective dates. 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 market-based award is subject to achievement of a specified stock price appreciation goal based on the 20 trading-day, average trailing-closing- price per share of the Issuer's Common Stock. /s/ Steve Debenham, by power of attorney 2018-06-05