Mario M. Rosati - Sep 28, 2021 Form 4 Insider Report for AEHR TEST SYSTEMS (AEHR)

Role
Director
Signature
/s/ Kenneth B. Spink, Attorney-in-fact
Stock symbol
AEHR
Transactions as of
Sep 28, 2021
Transactions value $
$12,776,220
Form type
4
Date filed
9/30/2021, 08:50 PM
Previous filing
Jul 14, 2021
Next filing
Oct 20, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AEHR Common Stock Options Exercise $7.84K +3.8K +102.67% $2.06* 7.5K Sep 28, 2021 Direct
transaction AEHR Common Stock Sale -$53.5K -3.8K -50.66% $14.09 3.7K Sep 28, 2021 Direct F1
transaction AEHR Common Stock Options Exercise $31.3K +15.2K +410.24% $2.06* 18.9K Sep 29, 2021 Direct
transaction AEHR Common Stock Options Exercise $12.8M +6.2K +32.83% $2,063.00 25.1K Sep 29, 2021 Direct
holding AEHR Common Stock 58.2K Sep 28, 2021 By Trust F2
holding AEHR Common Stock 151K Sep 28, 2021 By Trust F3
holding AEHR Common Stock 27K Sep 28, 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 -3.8K -100% $0.00* 0 Sep 28, 2021 Common Stock 3.8K $2.06 Direct F4
transaction AEHR Non-Qualified Stock Option (right to buy) Options Exercise $0 -15.2K -100% $0.00* 0 Sep 29, 2021 Common Stock 15.2K $2.06 Direct F4
transaction AEHR Non-Qualified Stock Option (right to buy) Options Exercise $0 -6.2K -100% $0.00* 0 Sep 29, 2021 Common Stock 6.2K $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