Donald P. Richmond II - Jul 14, 2022 Form 4 Insider Report for AEHR TEST SYSTEMS (AEHR)

Role
VP of Engineering
Signature
/s/ Kenneth B. Spink, Attorney-in-fact
Stock symbol
AEHR
Transactions as of
Jul 14, 2022
Transactions value $
-$202,968
Form type
4
Date filed
7/18/2022, 04:01 PM
Previous filing
Jul 14, 2022
Next filing
Sep 21, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AEHR Common Stock Award $0 +13.3K +14.25% $0.00 107K Jul 14, 2022 Direct F1
transaction AEHR Common Stock Award $0 +47.8K +44.77% $0.00 155K Jul 14, 2022 Direct F2
transaction AEHR Common Stock Tax liability -$203K -25.4K -16.42% $8.00* 129K Jul 14, 2022 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 One-sixteenth (1/16) of the total number of shares subject to the restricted stock unit awards shall become exercisable at the end of each three full calendar months following the date of this action, provided that such recipient is still employed by the corporation on such dates.
F2 Represents shares of common stock issued upon vesting of performance-based RSUs.
F3 Represents shares that were withheld to satisfy tax withholding obligations upon vesting of performance-based RSUs described in footnote 2. This does not represent a sale by the Reporting Person.
F4 The amount reported includes shares subject to unvested restricted stock units.