SEC Form 4 · accession 0001209191-15-037466
AEROHIVE NETWORKS, INC · HIVE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Changming Liu
Director
Period of report
Apr 28, 2015
Accepted (ET)
Apr 30, 2015 · 4:34 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 StockF2,F3 | Apr 28, 2015 | S | 2,100 | $6.1181 | D | 1,235,900 | I | See footnote |
| Common StockF4,F3 | Apr 29, 2015 | S | 2,100 | $6.0017 | D | 1,233,800 | I | See footnote |
| Common Stock | holding | — | — | — | 132,477 | D | ||
| Common StockF5 | holding | — | — | — | 400,000 | I | See footnote |
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 Liu-Wei Trust created March 27, 2000 (the "Liu-Wei Trust") on September 11, 2014.
- F2This transaction was executed in multiple trades at prices ranging from $6.00 to $6.21. 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.
- F3The shares are held by the Liu-Wei Trust, for which the Reporting Person serves as trustee.
- F4This transaction was executed in multiple trades at prices ranging from $6.00 to $6.01. 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.
- F5The shares are held by the Liu/Wei 2012 Irrevocable Descendants' Trust dated December 19, 2012, for which the Reporting Person's spouse serves as trustee.