Donald P. Richmond II - Sep 20, 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
Sep 20, 2022
Transactions value $
$204,260
Form type
4
Date filed
9/21/2022, 04:00 PM
Previous filing
Jul 18, 2022
Next filing
Oct 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AEHR Common Stock Options Exercise $16.8K +10K +7.74% $1.68* 139K Sep 20, 2022 Direct
transaction AEHR Common Stock Options Exercise $23.6K +6K +4.31% $3.93* 145K Sep 20, 2022 Direct
transaction AEHR Common Stock Options Exercise $82.3K +34K +23.42% $2.42* 179K Sep 20, 2022 Direct
transaction AEHR Common Stock Options Exercise $81.6K +34K +18.98% $2.40* 213K Sep 20, 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 -10K -100% $0.00* 0 Sep 20, 2022 Common Stock 10K $1.68 Direct F2
transaction AEHR Incentive Stock Option (right to buy) Options Exercise $0 -34K -100% $0.00* 0 Sep 20, 2022 Common Stock 34K $2.40 Direct F2
transaction AEHR Incentive Stock Option (right to buy) Options Exercise $0 -34K -100% $0.00* 0 Sep 20, 2022 Common Stock 34K $2.42 Direct F2
transaction AEHR Incentive Stock Option (right to buy) Options Exercise $0 -6K -100% $0.00* 0 Sep 20, 2022 Common Stock 6K $3.93 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