SEC Form 4 · accession 0000899243-15-007788
AEROHIVE NETWORKS, INC · HIVE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Efstathios Papaefstathiou
Officer — SVP, Engineering
Period of report
Nov 6, 2015
Accepted (ET)
Nov 9, 2015 · 5:09 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001372414
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Nov 6, 2015 | S | 27,308 | $6.4452 | D | 176,250 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The shares were sold pursuant to the Rule 10b5-1 plan entered into by the Reporting Person on September 11, 2015.
- F2This transaction was executed in multiple trades at prices ranging from $6.14 to $6.61. The price reported above reflects the weighted average sale price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.