Kenneth B. Spink - Jul 11, 2023 Form 4 Insider Report for AEHR TEST SYSTEMS (AEHR)

Role
VP of Finance and CFO
Signature
/s/ Kenneth B. Spink
Stock symbol
AEHR
Transactions as of
Jul 11, 2023
Transactions value $
-$63,059
Form type
4
Date filed
7/13/2023, 04:00 PM
Previous filing
Apr 17, 2023
Next filing
Jul 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AEHR Common Stock Award $0 +13.7K +13.65% $0.00 114K Jul 11, 2023 by Trust F1
transaction AEHR Common Stock Tax liability -$63.1K -1.63K -1.43% $38.71 112K Jul 11, 2023 by Trust F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 25% of shares subject to the restricted stock unit awards shall vest immediately and the remaining 75% of shares will vest quarterly over the remaining 3 years.
F2 Represents shares that were withheld to satisfy tax withholding obligations upon vesting of restricted stock units. This does not represent a sale by the Reporting Person.
F3 The amount reported includes shares subject to unvested restricted stock units.