Amrod Alan 4
4 · AEROHIVE NETWORKS, INC · Filed Dec 4, 2018
Insider Transaction Report
Form 4
Amrod Alan
SVP. Products and Marketing
Transactions
- Tax Payment
Common Stock
2018-12-01$3.66/sh−4,323$15,822→ 323,629 total - Exercise/Conversion
Performance Stock Units
2018-12-01−12,500→ 50,000 totalExercise: $0.00From: 2018-12-01Exp: 2020-06-01→ Common Stock (12,500 underlying) - Tax Payment
Common Stock
2018-12-01$3.66/sh−8,229$30,118→ 315,452 total - Exercise/Conversion
Common Stock
2018-12-01+12,500→ 327,952 total
Footnotes (2)
- [F1]In 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 a previously reported award of restricted stock units.
- [F2]50% of the shares subject to the grant became eligible to vest as of December 19, 2017, when the 20-day, average trailing-closing-price for the Company's Common Stock as reported by NYSE exceeded $5.50 per share. Under the terms of the grant, such shares will be delivered to the Reporting Person in four equal installments as of each of March 1, June 1, September 1 and December 1, 2018, subject to the Reporting Person continuing as a service provider to the Company as of such respective dates.