SEC Form 4 · accession 0001372414-16-000009

AEROHIVE NETWORKS, INC · HIVE

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Director

Period of report

Feb 11, 2016

Accepted (ET)

Feb 12, 2016 · 5:16 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 Stock^F2,F3	Feb 11, 2016	S	1,500	$4.88	D	1,172,900	I	See footnote
Common Stock^F4,F3	Feb 12, 2016	S	1,500	$4.89	D	1,171,400	I	See footnote
Common Stock	holding	—	—		—	165,472	D
Common Stock^F5	holding	—	—		—	400,000	I	See footnote

No Table II lines on this filing.

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 June 3, 2015.
F2This transaction was executed in multiple trades at prices ranging from $4.83 to $4.94. 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 $4.78 to $4.96. 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.