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

Signature
/s/ Kenneth B. Spink, Attorney-in-fact
Stock symbol
AEHR
Transactions as of
Jul 19, 2021
Transactions value $
$61,650
Form type
4
Date filed
7/20/2021, 06:44 PM
Previous filing
Jul 14, 2021
Next filing
Oct 4, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AEHR Common Stock Options Exercise $40.7K +15K +13.73% $2.71* 124K Jul 19, 2021 Direct
transaction AEHR Common Stock Options Exercise $21K +10K +8.05% $2.10* 134K Jul 19, 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 -10K -100% $0.00* 0 Jul 19, 2021 Common Stock 10K $2.10 Direct F1
transaction AEHR Incentive Stock Option (right to buy) Options Exercise $0 -15K -100% $0.00* 0 Jul 19, 2021 Common Stock 15K $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