0001372414-19-000069.txt : 20190809 0001372414-19-000069.hdr.sgml : 20190809 20190809135311 ACCESSION NUMBER: 0001372414-19-000069 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20190809 FILED AS OF DATE: 20190809 DATE AS OF CHANGE: 20190809 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: 191012453 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 2019-08-09 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 2019-08-09 4 D 0 272274 4.45 D 0 D Performance Stock Units 0 2019-08-09 4 M 0 164 0 D 2020-03-01 Common Stock 164 0 D Performance Stock Units 0 2019-08-09 4 M 0 21500 0 D 2020-05-31 Common Stock 21500 0 D Performance Stock Units 0 2019-08-09 4 M 0 31500 0 D 2021-06-01 Common Stock 31500 0 D Performance Stock Units 0 2019-08-09 4 M 0 60000 0 D 2020-06-01 Common Stock 60000 0 D Stock Option (right to buy) 6.00 2019-08-09 4 D 0 177081 0 D 2022-12-19 Common Stock 177081 0 D Stock Option (right to buy) 9.575 2019-08-09 4 D 0 20000 0 D 2023-09-30 Common Stock 20000 0 D Stock Option (right to buy) 6.26 2019-08-09 4 D 0 40000 0 D 2026-06-01 Common Stock 40000 0 D Each outstanding share of the Common Stock of the Issuer was converted into the right to receive $4.45 per share in cash, as described in the Agreement and Plan of Merger ("Merger Agreement") dated as of June 26, 2019, a copy of which is filed as Exhibit 2.1 to the Issuer's Form 8-K filed with the SEC on June 26, 2019. Certain of these securities were restricted stock units ("RSUs") that represented the Reporting Person's right to receive Common Stock shares of the Issuer. The RSUs were cancelled and converted automatically into the right to receive cash, as described in the Merger Agreement. These securities were performance-based restricted stock units ("PSUs") that represented the Reporting Person's right to receive Common Stock of the Issuer. The PSUs were cancelled and converted automatically into the right to receive cash, as described in the Merger Agreement. Each outstanding option of the Issuer was either converted into the right to receive cash, or was cancelled without any cash payment or other consideration, as described in the Merger Agreement. /s/ Steve Debenham 2019-08-09