Michael A. Brannan - Jan 26, 2022 Form 4 Insider Report for AEHR TEST SYSTEMS (AEHR)

Role: FORMER VP OF OPERATIONS
Signature: /s/ Michael A. Brannan
Stock symbol: AEHR
Transactions as of: Jan 26, 2022
Transactions value $: -$74,544
Form type: 4
Date filed: 1/27/2022, 04:01 PM
Previous filing: Jan 24, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AEHR	Common Stock	Sale	-$74.5K	-6.03K	-100%	$12.37	0	Jan 26, 2022	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Michael A. Brannan is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

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 $12.20 to $12.86, 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	10,348 shares subject to unvested restricted stock units were cancelled upon employment termination.

Content

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.20 to $12.86, 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.

10,348 shares subject to unvested restricted stock units were cancelled upon employment termination.

Remarks:

Michael Brannan terminated employment with the company effective 1/21/2022.