David S. Hendrickson - 27 Feb 2023 Form 4 Insider Report for AEHR TEST SYSTEMS (AEHR)

Role
CTO
Signature
/s/ Kenneth B. Spink, Attorney-in-fact
Issuer symbol
AEHR
Transactions as of
27 Feb 2023
Net transactions value
+$32,700
Form type
4
Filing time
28 Feb 2023, 15:01:05 UTC
Previous filing
25 Jan 2023
Next filing
30 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AEHR Common Stock Options Exercise $32,700 +20,000 +20% $1.64* 119,652 27 Feb 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 -20,000 -87% $0.000000 3,000 27 Feb 2023 Common Stock 20,000 $1.64 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