AEROHIVE NETWORKS, INC 4
4 · AEROHIVE NETWORKS, INC · Filed May 27, 2016
Insider Transaction Report
Form 4
Liu Changming
Director
Transactions
- Sale
Common Stock
2016-05-25$6.35/sh−1,500$9,525→ 1,151,900 total(indirect: See footnote) - Sale
Common Stock
2016-05-26$6.32/sh−1,500$9,480→ 1,150,400 total(indirect: See footnote)
Holdings
- 162,461
Common Stock
- 400,000(indirect: See footnote)
Common Stock
Footnotes (5)
- [F1]The shares were sold pursuant to the Rule 10b5-1 plan entered on June 3, 2015 by the Liu-Wei Trust created March 27, 2000 (the "Liu-Wei Trust").
- [F2]This transaction was executed in multiple trades at prices ranging from $6.31 to $6.39. 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.
- [F3]The shares are held by the Liu-Wei Trust, for which the Reporting Person serves as trustee.
- [F4]This transaction was executed in multiple trades at prices ranging from $6.30 to $6.37. 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.
- [F5]The 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.