Avijit K. Ray-Chaudhuri - Apr 1, 2024 Form 4 Insider Report for AEHR TEST SYSTEMS (AEHR)

Role
Executive VP of R&D
Signature
/s/Chris Siu, Attorney-in-Fact
Stock symbol
AEHR
Transactions as of
Apr 1, 2024
Transactions value $
$15,232
Form type
4
Date filed
4/2/2024, 03:07 PM
Previous filing
Jan 31, 2024
Next filing
Apr 30, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AEHR Common Stock Other $15.2K +1.45K +15.08% $10.50 11.1K Apr 1, 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares have been purchased through the Company's Amended and Restated 2006 Employee Stock Purchase Plan, a "tax-conditioned plan" per Internal Revenue Code Section 423. This purchase is exempt from Section 16 of the Securities Exchange Act of 1934 regarding liabilities arising from six-month short-swing transactions in the Company's securities.
F2 The amount reported includes shares subject to unvested restricted stock units.