Rhea J. Posedel - May 17, 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
May 17, 2023
Transactions value $
-$491,760
Form type
4
Date filed
5/19/2023, 04:01 PM
Previous filing
Jan 25, 2023
Next filing
Jul 12, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AEHR Common Stock Options Exercise $30.2K +18K +36.72% $1.68* 67K May 17, 2023 Direct
transaction AEHR Common Stock Sale -$522K -18K -26.86% $29.00 49K May 17, 2023 Direct
holding AEHR Common Stock 524K May 17, 2023 by Trust 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 Non-Qualified Stock Option (right to buy) Options Exercise $0 -18K -100% $0.00* 0 May 17, 2023 Common Stock 18K $1.68 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