Gayn Erickson - 01 Jul 2022 Form 4 Insider Report for AEHR TEST SYSTEMS (AEHR)

Role
President and CEO, Director
Signature
/s/ Kenneth B. Spink, Attorney-in-fact
Issuer symbol
AEHR
Transactions as of
01 Jul 2022
Net transactions value
+$93,352
Form type
4
Filing time
05 Jul 2022, 21:47:57 UTC
Previous filing
20 Apr 2022
Next filing
14 Jul 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 Options Exercise $46,385 +27,610 +5.4% $1.68* 535,153 01 Jul 2022 Direct
transaction AEHR Common Stock Options Exercise $46,967 +28,726 +5.4% $1.64* 563,879 01 Jul 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 -28,726 -45% $0.000000 35,209 01 Jul 2022 Common Stock 28,726 $1.64 Direct F2
transaction AEHR Incentive Stock Option (right to buy) Options Exercise $0 -27,610 -100% $0.000000* 0 01 Jul 2022 Common Stock 27,610 $1.68 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:

Exhibit 24-Power of Attorney