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

Role: FORMER VP OF OPERATIONS
Signature: /s/ Michael A. Brannan
Issuer symbol: AEHR
Transactions as of: 26 Jan 2022
Net transactions value: -$74,544
Form type: 4
Filing time: 27 Jan 2022, 16:01:29 UTC
Previous filing: 24 Jan 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AEHR	Common Stock	Sale	$74,544	-6,025	-100%	$12.37	0	26 Jan 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.