Amrod Alan 4
4 · AEROHIVE NETWORKS, INC · Filed Aug 9, 2019
Insider Transaction Report
Form 4
Amrod Alan
SVP. Products and Marketing
Transactions
- Exercise/Conversion
Performance Stock Units
2019-08-09−329→ 0 totalExercise: $0.00Exp: 2020-03-01→ Common Stock (329 underlying) - Exercise/Conversion
Performance Stock Units
2019-08-09−63,500→ 0 totalExercise: $0.00Exp: 2021-06-01→ Common Stock (63,500 underlying) - Exercise/Conversion
Performance Stock Units
2019-08-09−34,750→ 0 totalExercise: $0.00Exp: 2022-06-01→ Common Stock (34,750 underlying) - Exercise/Conversion
Performance Stock Units
2019-08-09−34,750→ 0 totalExercise: $0.00Exp: 2022-06-01→ Common Stock (34,750 underlying) - Exercise/Conversion
Performance Stock Units
2019-08-09−50,000→ 0 totalExercise: $0.00Exp: 2020-05-31→ Common Stock (50,000 underlying) - Disposition to Issuer
Stock Option (right to buy)
2019-08-09−60,000→ 0 totalExercise: $5.61Exp: 2025-12-10→ Common Stock (60,000 underlying) - Disposition to Issuer
Common Stock
2019-08-09$4.45/sh−408,787$1,819,102→ 0 total
Footnotes (5)
- [F1]Each outstanding share of the Common Stock of the Issuer was converted into the right to receive $4.45 per share in cash, as described in the Agreement and Plan of Merger ("Merger Agreement") dated as of June 26, 2019, a copy of which is filed as Exhibit 2.1 to the Issuer's Form 8-K filed with the SEC on June 26, 2019.
- [F2]Certain of these securities were restricted stock units ("RSUs") that represented the Reporting Person's right to receive Common Stock shares of the Issuer. The RSUs were cancelled and converted automatically into the right to receive cash, as described in the Merger Agreement.
- [F3]This number restates the Reporting Person's holdings that were inadvertently understated in previous reports.
- [F4]These securities were performance-based restricted stock units ("PSUs") that represented the Reporting Person's right to receive Common Stock of the Issuer. The PSUs were cancelled and converted automatically into the right to receive cash, as described in the Merger Agreement.
- [F5]Each outstanding option of the Issuer was either converted into the right to receive cash, or was cancelled without any cash payment or other consideration, as described in the Merger Agreement.