Rhea J. Posedel - 19 Apr 2022 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
19 Apr 2022
Net transactions value
+$37,800
Form type
4
Filing time
20 Apr 2022, 16:00:58 UTC
Previous filing
05 Nov 2021
Next filing
19 Oct 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AEHR Common Stock Options Exercise $37,800 +18,000 +3% $2.10* 615,578 19 Apr 2022 by Trust F1
holding AEHR Common Stock 48,794 19 Apr 2022 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 -18,000 -100% $0.000000* 0 19 Apr 2022 Common Stock 18,000 $2.10 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The amount reported includes shares subject to unvested restricted stock units.
F2 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:

Ex. 24 - Power of Attorney