SEC Form 4 · accession 0001372414-17-000067
AEROHIVE NETWORKS, INC · HIVE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David K. Flynn
Officer — President, CEO & Director · Director
Period of report
Dec 1, 2017
Accepted (ET)
Dec 5, 2017 · 8:02 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 StockF1,F3 | Dec 1, 2017 | F | 5,246 | $5.35 | D | 198,107 | D | |
| Common StockF2 | holding | — | — | — | 1,345,427 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1In 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 the Company's estimate of the Reporting Person's minimum statutory tax withholding requirement arising from the vesting of such shares under previously reported awards of restricted stock units.
- F2The shares are held by David and Pamela Flynn co-ttees Flynn Living Trust dtd 07/22/99.
- F3Includes 158 shares the Reporting Person acquired on December 1, 2017 under the Aerohive Networks 2014 Employee Stock Purchase Plan.