Geoffrey Gates Scott - 10 Jan 2023 Form 4 Insider Report for AEHR TEST SYSTEMS (AEHR)

Role
Director
Signature
Kenneth B. Spink, Attorney-in-fact
Issuer symbol
AEHR
Transactions as of
10 Jan 2023
Net transactions value
-$409,350
Form type
4
Filing time
12 Jan 2023, 15:00:40 UTC
Previous filing
02 Dec 2022
Next filing
01 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AEHR Common Stock Sale $409,350 -15,000 -12% $27.29 114,668 10 Jan 2023 Direct F1
transaction AEHR Common Stock Gift $0 -15,000 -21% $0.000000 55,686 11 Jan 2023 by Trust F2, F3
holding AEHR Common Stock 140,000 10 Jan 2023 by Spouse
* 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 $27.25 to $27.345523, 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 The shares were donated to The Hill School.
F3 The amount reported includes shares subject to unvested restricted stock units.

Remarks:

Ex 24 - Power of Attorney