X0206 3 2013-03-27 0 0001372414 AEROHIVE NETWORKS, INC HIVE 0001347126 Lightspeed Venture Partners VII, L.P. 2200 SAND HILL ROAD MENLO PARK CA 94025 0 0 1 0 0001602662 Lightspeed Ultimate General Partner VII, Ltd. 2200 SAND HILL ROAD MENLO PARK CA 94025 0 0 1 0 0001602663 Lightspeed General Partner VII, L.P. 2200 SAND HILL ROAD MENLO PARK CA 94025 0 0 1 0 0001366048 Eggers Barry 2200 SAND HILL ROAD MENLO PARK CA 94025 0 0 1 0 0001366051 Nieh Peter 2200 SAND HILL ROAD MENLO PARK CA 94025 0 0 1 0 0001366050 Mhatre Ravi 2200 SAND HILL ROAD MENLO PARK CA 94025 0 0 1 0 0001185068 SCHAEPE CHRISTOPHER J 2200 SAND HILL ROAD MENLO PARK CA 94025 0 0 1 0 Series A Preferred Stock Common Stock 2344827 D Series B Preferred Stock Common Stock 1561517 D Series C Preferred Stock Common Stock 2347748 D Series D Preferred Stock Common Stock 578836 D Series E Preferred Stock Common Stock 543897 D Each share of Series A Preferred Stock, Series C Preferred Stock, Series D Preferred Stock, and Series E Preferred Stock shall automatically convert into Common Stock on a one-for-one basis immediately prior to the closing of the Issuer's initial public offering of common stock and has no expiration date. The shares are owned by Lightspeed Venture Partners VII, L.P. ("LVPVII"). Lightspeed Ultimate General Partner VII, Ltd. ("LUGP") is the sole general partner of Lightspeed General Partner VII, L.P. ("LGPVII"), which is the sole general partner of LVPVII. The individual directors of LUGP are Christopher J. Schaepe, Barry Eggers, Ravi Mhatre and Peter Nieh. As a result, each of the reporting persons may be deemed to share voting and dispositive power with respect to the shares held by LVPVII. Each of the reporting persons disclaims beneficial ownership of the shares except to the extent of its pecuniary interest therein, and the inclusion of the shares in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes. 1,390,735 outstanding shares of Series B Preferred Stock shall automatically convert into 1,561,517 shares of Common Stock, on a 1.1228-for-one basis, immediately prior to the closing of the Issuer's initial public offering of common stock and has no expiration date. /s/ Barry Eggers, a director of Lightspeed Ultimate General Partner VII, Ltd 2014-03-27 /s/ Christopher J. Schaepe, a director of Lightspeed Ultimate General Partner VII, Ltd 2014-03-27 /s/ Ravi Mhatre, a director of Lightspeed Ultimate General Partner VII, Ltd 2014-03-27 /s/ Peter Nieh, a director of Lightspeed Ultimate General Partner VII, Ltd 2014-03-27