Mario M. Rosati - Oct 10, 2022 Form 4 Insider Report for AEHR TEST SYSTEMS (AEHR)

Role
Director
Signature
/s/ Kenneth B. Spink, Attorney-in-fact
Stock symbol
AEHR
Transactions as of
Oct 10, 2022
Transactions value $
-$18,148
Form type
4
Date filed
10/11/2022, 04:01 PM
Previous filing
Mar 17, 2022
Next filing
Oct 13, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AEHR Common Stock Options Exercise $2.82K +1.3K +3.53% $2.17* 38.1K Oct 10, 2022 Direct
transaction AEHR Common Stock Sale -$21K -1.3K -3.41% $16.13 36.8K Oct 10, 2022 Direct F1
holding AEHR Common Stock 151K Oct 10, 2022 By Trust F2
holding AEHR Common Stock 60.2K Oct 10, 2022 By Trust F3, F4
holding AEHR Common Stock 27K Oct 10, 2022 by Managed Account

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 Non-Qualied Stock Option (right to buy) Options Exercise $0 -1.3K -13% $0.00 8.7K Oct 10, 2022 Common Stock 1.3K $2.17 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.31 to $17.48, inclusive. The reporting person undertakes to provide to Aehr Test Systems, any security holder of Aehr Test Systems, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth above.
F2 Shares held by Mario M. Rosati, Trustee of the Mario M. Rosati Trust U/D/T dated January 9, 1990.
F3 The amount reported includes shares subject to unvested restricted stock units.
F4 Shares held by Mario M. Rosati and Danelle Storm Rosati, Trustees of the Rosati Family Trust dated May 23, 1997.
F5 One twelfth (1/12) of the total number of shares became exercisable on this date and an additional one twelfth (1/12) of the total number of shares became exercisable each month thereafter.

Remarks:

Ex. 24 - Power of Attorney