SEC Form 4 · accession 0001372414-16-000146
AEROHIVE NETWORKS, INC · HIVE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Changming Liu
Director
Period of report
Dec 1, 2016
Accepted (ET)
Dec 2, 2016 · 7:49 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 | Dec 1, 2016 | F | 1,332 | $5.47 | D | 180,869 | D | |
| Common StockF1 | holding | — | — | — | 1,150,400 | I | See footnote | |
| Common StockF4 | holding | — | — | — | 400,000 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The shares are held by the Liu-Wei Trust, for which the Reporting Person serves as trustee.
- F2In an exempt disposition to the Issuer under rule 16b-3(e), the Issuer withheld shares otherwise to be delivered to the Reporting Person in connection with the satisfaction of tax withholding obligations arising out of the vesting of previously reported restricted stock units, or RSUs..
- F3Includes 495 shares the Reporting Person acquired on December 1, 2016 under the Aerohive Networks 2014 Employee Stock Purchase Plan.
- F4The 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.