0001372414-19-000059.txt : 20190604
0001372414-19-000059.hdr.sgml : 20190604
20190604182053
ACCESSION NUMBER: 0001372414-19-000059
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20190601
FILED AS OF DATE: 20190604
DATE AS OF CHANGE: 20190604
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Ritchie John
CENTRAL INDEX KEY: 0001356228
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36355
FILM NUMBER: 19878021
MAIL ADDRESS:
STREET 1: 303 VELOCITY WAY
CITY: FOSTER CITY
STATE: X1
ZIP: 94404
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
2019-06-01
0001372414
AEROHIVE NETWORKS, INC
HIVE
0001356228
Ritchie John
C/O AEROHIVE NETWORKS
1011 MCCARTHY BLVD.
MILPITAS
CA
95035
0
1
0
0
SVP, CFO & COO
Common Stock
2019-06-01
4
F
0
9785
3.40
D
498506
D
Common Stock
2019-06-01
4
A
0
139000
0
A
637506
D
Performance Stock Units
0
2019-06-01
4
A
0
34750
0
A
2022-06-01
Common Stock
34750
34750
D
Performance Stock Units
0
2019-06-01
4
A
0
34750
0
A
2022-06-01
Common Stock
34750
34750
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 3685 shares the Reporting Person acquired on June 1, 2019 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, 2019 and the last quarterly vesting occurring as of June 1, 2022, subject to the Reporting Person continuing as a service provider to the Company as of such respective dates.
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
2019-06-04