Mario M. Rosati - Feb 7, 2023 Form 4 Insider Report for AEHR TEST SYSTEMS (AEHR)

Role
Director
Signature
/s/ Kenneth B. Spink, Attorney-in-fact
Stock symbol
AEHR
Transactions as of
Feb 7, 2023
Transactions value $
-$3,572,379
Form type
4
Date filed
2/9/2023, 03:01 PM
Previous filing
Feb 7, 2023
Next filing
Feb 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AEHR Common Stock Sale -$3.57M -98.1K -100% $36.42 0 Feb 7, 2023 By Trust F1, F2
holding AEHR Common Stock 541 Feb 7, 2023 By Trust F3
holding AEHR Common Stock 1.2K Feb 7, 2023 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Mario M. Rosati is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

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 $36.00 to $37.445, 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 Shares held by Mario M. Rosati, Trustee of the Mario M. Rosati Trust U/D/T dated January 9, 1990.
F3 Shares held by Mario M. Rosati and Danelle Storm Rosati, Trustees of the Rosati Family Trust dated May 23, 1997.

Remarks:

Mr. Mario Rosati retired from the Board of Director of Aehr Test Systems effective 1/24/2023. Ex. 24 - Power of Attorney