Gayn Erickson - Jul 14, 2022 Form 4/A - Amendment Insider Report for AEHR TEST SYSTEMS (AEHR)

Signature
/s/ Kenneth B. Spink, Attorney-in-fact
Stock symbol
AEHR
Transactions as of
Jul 14, 2022
Transactions value $
-$293,040
Form type
4/A - Amendment
Date filed
10/20/2022, 04:09 PM
Date Of Original Report
Jul 18, 2022
Previous filing
Jul 14, 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 Award $0 +82.5K +14.71% $0.00 643K Jul 14, 2022 Direct F1
transaction AEHR Common Stock Award $0 +69K +10.73% $0.00 712K Jul 14, 2022 Direct F2
transaction AEHR Common Stock Tax liability -$293K -36.6K -5.14% $8.00* 676K 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 This report on Form 4/A is being filed to correct the footnote 1 on form 4 originally filed on July 18, 2022. The correct footnote should state: One-sixteenth (1/16) of the 75,000 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. One-sixteenth (1/16) of the 7,500 of shares subject to the restricted shares 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 shares and restricted stock units.

Remarks:

Ex. 24 - Power of Attorney