Vernon Rogers - 26 Jan 2023 Form 4 Insider Report for AEHR TEST SYSTEMS (AEHR)

Signature
/s/ Kenneth B. Spink, Attorney-in-fact
Issuer symbol
AEHR
Transactions as of
26 Jan 2023
Net transactions value
+$76,125
Form type
4
Filing time
27 Jan 2023, 15:02:19 UTC
Previous filing
18 Jan 2023
Next filing
31 Jan 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AEHR Common Stock Options Exercise $76,125 +37,500 +54% $2.03* 107,275 26 Jan 2023 Direct F1

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 Incentive Stock Option (right to buy) Options Exercise $0 -37,500 -25% $0.000000 110,283 26 Jan 2023 Common Stock 37,500 $2.03 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The amount reported includes shares subject to unvested restricted stock units.
F2 One forty-eighth (1/48) of the total number of shares became exercisable on this date and an additional one forty-eighth (1/48) of the total number of shares became exercisable each month thereafter.

Remarks:

Ex. 24 - Power of Attorney