Donald P. Richmond II - 19 Jul 2021 Form 4 Insider Report for AEHR TEST SYSTEMS (AEHR)

Signature
/s/ Kenneth B. Spink, Attorney-in-fact
Issuer symbol
AEHR
Transactions as of
19 Jul 2021
Net transactions value
+$61,650
Form type
4
Filing time
20 Jul 2021, 18:44:09 UTC
Previous filing
14 Jul 2021
Next filing
04 Oct 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AEHR Common Stock Options Exercise $40,650 +15,000 +14% $2.71* 124,265 19 Jul 2021 Direct
transaction AEHR Common Stock Options Exercise $21,000 +10,000 +8% $2.10* 134,265 19 Jul 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AEHR Incentive Stock Option (right to buy) Options Exercise $0 -10,000 -100% $0.000000* 0 19 Jul 2021 Common Stock 10,000 $2.10 Direct F1
transaction AEHR Incentive Stock Option (right to buy) Options Exercise $0 -15,000 -100% $0.000000* 0 19 Jul 2021 Common Stock 15,000 $2.71 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 One forty-eighth (1/48) of the total number of shares became exercisable on this date and an additional one forty-eighth (1/48) of the total number of shares became exercisable each month thereafter.

Remarks:

Exhibit 24-Power of Attorney