SEC Form 4 · accession 0001372414-16-000041
AEROHIVE NETWORKS, INC · HIVE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Changming Liu
Director
Period of report
Mar 8, 2016
Accepted (ET)
Mar 10, 2016 · 5:19 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 StockF2,F3 | Mar 8, 2016 | S | 1,500 | $5.04 | D | 1,166,900 | I | See footnote |
| Common StockF4,F3 | Mar 9, 2016 | S | 1,500 | $5.25 | D | 1,165,400 | I | See footnote |
| Common Stock | holding | — | — | — | 162,461 | 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 June 3, 2015.
- F2This transaction was executed in multiple trades at prices ranging from $5.00 to $5.09. 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 $5.19 to $5.31. 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.