SEC Form 4 · accession 0001104659-18-053567
AEROHIVE NETWORKS, INC · HIVE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
Barry Eggers
10% Owner
Ravi Mhatre
10% Owner
Peter Nieh
10% Owner
LIGHTSPEED VENTURE PARTNERS VIII LP
10% Owner
Lightspeed General Partner VII, L.P.
10% Owner
Period of report
Aug 22, 2018
Accepted (ET)
Aug 24, 2018 · 6:36 pm EDT
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,F3 | Aug 22, 2018 | J | 628,270 | — | D | 5,026,167 | I | By Lightspeed Venture Partners VII, L.P. |
| Common StockF1,F2,F4 | Aug 22, 2018 | J | 130,679 | — | A | 130,679 | I | By Lightspeed General Partner VII, L.P. |
| Common StockF5,F2,F4 | Aug 22, 2018 | J | 130,679 | — | D | 0 | I | By Lightspeed General Partner VII, L.P. |
| Common StockF5,F6 | Aug 22, 2018 | J | 19,146 | — | A | 71,635 | I | By Barry Eggers Revocable Trust dtd 6/4/2008 |
| Common StockF5,F7 | Aug 22, 2018 | J | 19,564 | — | A | 73,199 | D | |
| Common StockF5,F8 | Aug 22, 2018 | J | 19,146 | — | A | 71,635 | D | |
| Common StockF9 | holding | — | — | — | 10,192 | I | By Lightspeed Venture Partners VIII, L.P. |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents in-kind distribution by Lightspeed VII without consideration to its partners (including LGP VII, the general partner of Lightspeed VII).
- F2Lightspeed Ultimate General Partner VII, Ltd. is the sole general partner of Lightspeed General Partner VII, L.P. ("LGP VII"), which is the sole general partner of Lightspeed Venture Partners VII, L.P. ("Lightspeed VII"). The individual directors of Lightspeed Ultimate General Partner VII, Ltd. are Christopher J. Schaepe, Barry Eggers, Ravi Mhatre and Peter Nieh. Messrs. Schaepe, Eggers, Mhatre, and Nieh disclaim their beneficial ownership of the shares except to the extent of their pecuniary interest therein. Mr. Schaepe is a director of the Issuer and files Section 16 reports separately.
- F3The shares are held of record by Lightspeed VII.
- F4The shares are held of record by LGP VII.
- F5Represents in-kind distribution by LGP VII without consideration to its partners (including Messrs. Schaepe, Eggers, Mhatre, and Nieh).
- F6The shares are held of record by Barry Eggers Revocable Trust dtd 6/4/2008, for which Barry Eggers serves as trustee.
- F7The shares are held of record by Ravi Mhatre.
- F8The shares are held of records by Peter Y. Nieh.
- F9Lightspeed Ultimate General Partner VIII, Ltd. is the sole general partner of Lightspeed General Partner VIII, L.P. ("LGP VIII"), which is the sole general partner of Lightspeed Venture Partners VIII, L.P. ("Lightspeed VIII"). The individual directors of Lightspeed Ultimate General Partner VIII, Ltd. are Christopher J. Schaepe, Barry Eggers, Ravi Mhatre and Peter Nieh. Messrs. Schaepe, Eggers, Mhatre, and Nieh disclaim their beneficial ownership of the shares except to the extent of their pecuniary interest therein. Mr. Schaepe is a director of the Issuer and files Section 16 reports separately.