0001372414-18-000065.txt : 20181204 0001372414-18-000065.hdr.sgml : 20181204 20181204202607 ACCESSION NUMBER: 0001372414-18-000065 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20181201 FILED AS OF DATE: 20181204 DATE AS OF CHANGE: 20181204 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: DEBENHAM STEPHEN CENTRAL INDEX KEY: 0001263745 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36355 FILM NUMBER: 181218408 MAIL ADDRESS: STREET 1: 46897 BAYSIDE PARKWAY CITY: FREMONT STATE: CA ZIP: 94638 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 4 1 edgar.xml PRIMARY DOCUMENT X0306 4 2018-12-01 0001372414 AEROHIVE NETWORKS, INC HIVE 0001263745 DEBENHAM STEPHEN C/O AEROHIVE NETWORKS 1011 MCCARTHY BLVD. MILPITAS CA 95035 0 1 0 0 VP, Gen. Counsel & Secretary Common Stock 2018-12-01 4 F 0 6134 3.66 D 307732 D Common Stock 2018-12-01 4 M 0 5375 0 A 313107 D Common Stock 2018-12-01 4 F 0 1859 3.66 D 311248 D Common Stock 2018-12-04 4 S 0 15112 3.62 D 296136 D Performance Stock Units 0 2018-12-01 4 M 0 5375 0 D 2018-12-01 2020-06-01 Common Stock 5375 21500 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. 50% of the shares subject to the grant became eligible to vest as of December 19, 2017, when the 20 trading-day, average trailing-closing-price for the Company's Common Stock as reported by NYSE exceeded $5.50 per share. Under the terms of the grant, such shares will be delivered to the Reporting Person in four equal installments as of each of March 1, June 1, September 1 and December 1, 2018, subject to the Reporting Person continuing as a service provider to the Company as of such respective dates. Price represents the weighted average sale price for the transaction reported. Price range of shares sold is $3.60 through $3.635. Reporting person undertakes to provide upon request by the SEC staff or a security holder of the Issuer, full information regarding the number of shares sold at each separate price. This transaction was made pursuant to a plan intended to comply with rule 10b5-1(c) previously entered into on August 22, 2018. /s/ Steve Debenham 2018-12-04