Donald P. Richmond II - 20 Sep 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 Sep 2022
Net transactions value
+$204,260
Form type
4
Filing time
21 Sep 2022, 16:00:29 UTC
Previous filing
18 Jul 2022
Next filing
04 Oct 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AEHR Common Stock Options Exercise $16,800 +10,000 +7.7% $1.68* 139,153 20 Sep 2022 Direct
transaction AEHR Common Stock Options Exercise $23,580 +6,000 +4.3% $3.93* 145,153 20 Sep 2022 Direct
transaction AEHR Common Stock Options Exercise $82,280 +34,000 +23% $2.42* 179,153 20 Sep 2022 Direct
transaction AEHR Common Stock Options Exercise $81,600 +34,000 +19% $2.40* 213,153 20 Sep 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 -10,000 -100% $0.000000* 0 20 Sep 2022 Common Stock 10,000 $1.68 Direct F2
transaction AEHR Incentive Stock Option (right to buy) Options Exercise $0 -34,000 -100% $0.000000* 0 20 Sep 2022 Common Stock 34,000 $2.40 Direct F2
transaction AEHR Incentive Stock Option (right to buy) Options Exercise $0 -34,000 -100% $0.000000* 0 20 Sep 2022 Common Stock 34,000 $2.42 Direct F2
transaction AEHR Incentive Stock Option (right to buy) Options Exercise $0 -6,000 -100% $0.000000* 0 20 Sep 2022 Common Stock 6,000 $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