Rhea J. Posedel - 17 May 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
17 May 2023
Net transactions value
-$491,760
Form type
4
Filing time
19 May 2023, 16:01:40 UTC
Previous filing
25 Jan 2023
Next filing
12 Jul 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 $30,240 +18,000 +37% $1.68* 67,018 17 May 2023 Direct
transaction AEHR Common Stock Sale $522,000 -18,000 -27% $29.00 49,018 17 May 2023 Direct
holding AEHR Common Stock 523,821 17 May 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 -18,000 -100% $0.000000* 0 17 May 2023 Common Stock 18,000 $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