Mario M. Rosati - 28 Sep 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
28 Sep 2021
Net transactions value
+$12,776,220
Form type
4
Filing time
30 Sep 2021, 20:50:26 UTC
Previous filing
14 Jul 2021
Next filing
20 Oct 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AEHR Common Stock Options Exercise $7,839 +3,800 +103% $2.06* 7,501 28 Sep 2021 Direct
transaction AEHR Common Stock Sale $53,542 -3,800 -51% $14.09 3,701 28 Sep 2021 Direct F1
transaction AEHR Common Stock Options Exercise $31,323 +15,183 +410% $2.06* 18,884 29 Sep 2021 Direct
transaction AEHR Common Stock Options Exercise $12,790,600 +6,200 +33% $2063.00 25,084 29 Sep 2021 Direct
holding AEHR Common Stock 58,181 28 Sep 2021 By Trust F2
holding AEHR Common Stock 151,016 28 Sep 2021 By Trust F3
holding AEHR Common Stock 27,000 28 Sep 2021 By Managed Account

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 -3,800 -100% $0.000000* 0 28 Sep 2021 Common Stock 3,800 $2.06 Direct F4
transaction AEHR Non-Qualified Stock Option (right to buy) Options Exercise $0 -15,183 -100% $0.000000* 0 29 Sep 2021 Common Stock 15,183 $2.06 Direct F4
transaction AEHR Non-Qualified Stock Option (right to buy) Options Exercise $0 -6,200 -100% $0.000000* 0 29 Sep 2021 Common Stock 6,200 $2.06 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $14.00 to $14.72, inclusive. The reporting person undertakes to provide to Aehr Test Systems, any security holder of Aehr Test Systems, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth above.
F2 Shares held by Mario M. Rosati and Danelle Storm Rosati, Trustees of the Rosati Family Trust dated May 23, 1997.
F3 Shares held by Mario M. Rosati, Trustee of the Mario M. Rosati Trust U/D/T dated January 9, 1990.
F4 One twelfth (1/12) of the total number of shares became exercisable on this date and an additional one twelfth (1/12) of the total number of shares became exercisable each month thereafter.

Remarks:

Ex 24-Power of Attorney