Rhea J. Posedel - 11 Aug 2021 Form 4 Insider Report for AEHR TEST SYSTEMS (AEHR)

Role
Director
Signature
/s/ Kenneth B Spink, Attorney-in-Fact
Issuer symbol
AEHR
Transactions as of
11 Aug 2021
Net transactions value
+$60,975
Form type
4
Filing time
12 Aug 2021, 16:50:00 UTC
Previous filing
23 Jul 2021
Next filing
30 Sep 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AEHR Common stock Options Exercise $60,975 +22,500 +2.7% $2.71* 869,555 11 Aug 2021 By Trust
holding AEHR Common stock 48,794 11 Aug 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 Non-Qualified Stock Option (right to buy) Options Exercise $0 -22,500 -100% $0.000000* 0 11 Aug 2021 Common stock 22,500 $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