Amrod Alan 4
4 · AEROHIVE NETWORKS, INC · Filed Mar 5, 2019
Insider Transaction Report
Form 4
Amrod Alan
SVP. Products and Marketing
Transactions
- Exercise/Conversion
Common Stock
2019-03-01+2,500→ 318,016 total - Tax Payment
Common Stock
2019-03-01$5.09/sh−855$4,352→ 317,161 total - Exercise/Conversion
Performance Stock Units
2019-03-01−2,500→ 0 totalExercise: $0.00From: 2019-03-01Exp: 2019-03-01→ Common Stock (2,500 underlying) - Tax Payment
Common Stock
2019-03-01$5.09/sh−8,113$41,295→ 315,516 total - Award
Performance Stock Units
2019-03-01+2,500→ 2,500 totalExercise: $0.00From: 2019-03-01Exp: 2019-03-01→ Common Stock (2,500 underlying)
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]The shares subject to the performance-based RSU grant became eligible to vest as of March 1, 2019 based on the Company's achievement of GAAP revenue for its fiscal year 2018 relative to the Company's target revenue for the period, which target the Company's Board of Directors approved at its meeting on January 30, 2018.