Mario M. Rosati - 13 Jan 2023 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
13 Jan 2023
Net transactions value
-$495,154
Form type
4
Filing time
18 Jan 2023, 15:01:56 UTC
Previous filing
13 Jan 2023
Next filing
02 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AEHR Common Stock Sale $495,154 -17,291 -26% $28.64 50,067 13 Jan 2023 By Trust F1, F2, F3
holding AEHR Common Stock 3,701 13 Jan 2023 Direct
holding AEHR Common Stock 151,016 13 Jan 2023 by Trust F4
holding AEHR Common Stock 27,000 13 Jan 2023 by Managed Account
* 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 $28.00 to $29.00, 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 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 Shares held by Mario M. Rosati, Trustee of the Mario M. Rosati Trust U/D/T dated January 9, 1990.

Remarks:

Ex. 24 - Power of Attorney