Mario M. Rosati - 12 Oct 2022 Form 4 Insider Report for AEHR TEST SYSTEMS (AEHR)

Role
Director
Signature
/s/ Kenneth B. Spink, Attorney-in-fact
Issuer symbol
AEHR
Transactions as of
12 Oct 2022
Net transactions value
+$18,879
Form type
4
Filing time
13 Oct 2022, 16:00:38 UTC
Previous filing
11 Oct 2022
Next filing
19 Oct 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 $18,879 +8,700 +24% $2.17* 45,498 12 Oct 2022 Direct
holding AEHR Common Stock 151,016 12 Oct 2022 By Trust F1
holding AEHR Common Stock 60,196 12 Oct 2022 By Trust F2, F3
holding AEHR Common Stock 27,000 12 Oct 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-Qualified Stock Option (right to buy) Options Exercise $0 -8,700 -100% $0.000000* 0 12 Oct 2022 Common Stock 8,700 $2.17 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares held by Mario M. Rosati, Trustee of the Mario M. Rosati Trust U/D/T dated January 9, 1990.
F2 The amount reported includes shares subject to unvested restricted stock units.
F3 Shares held by Mario M. Rosati and Danelle Storm Rosati, Trustees of the Rosati Family Trust dated May 23, 1997.
F4 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