Gayn Erickson - Aug 3, 2021 Form 4 Insider Report for AEHR TEST SYSTEMS (AEHR)

Role
President and CEO, Director
Signature
/s/ Kenneth B. Spink, Attorney-in-fact
Stock symbol
AEHR
Transactions as of
Aug 3, 2021
Transactions value $
$102,140
Form type
4
Date filed
8/3/2021, 08:05 PM
Previous filing
Jul 15, 2021
Next filing
Aug 16, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AEHR Common Stock Options Exercise $102K +37.7K +5.64% $2.71* 706K Aug 3, 2021 Direct F1

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 Non-Qualified Stock Option (right to buy) Options Exercise $0 -37.7K -100% $0.00* 0 Aug 3, 2021 Common Stock 37.7K $2.71 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The amount reported includes shares subject to unvested restricted stock units.
F2 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