Gayn Erickson - 20 Apr 2022 Form 4 Insider Report for AEHR TEST SYSTEMS (AEHR)

Signature
/s/ Kenneth B. Spink, Attorney-in-fact
Issuer symbol
AEHR
Transactions as of
20 Apr 2022
Net transactions value
+$56,952
Form type
4
Filing time
20 Apr 2022, 19:26:33 UTC
Previous filing
14 Apr 2022
Next filing
05 Jul 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AEHR Common Stock Options Exercise $56,952 +27,120 +5.6% $2.10* 507,543 20 Apr 2022 Direct F1

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 Incentive Stock Option (right to buy) Options Exercise $0 -27,120 -100% $0.000000* 0 20 Apr 2022 Common Stock 27,120 $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