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

Role
VP of Finance and CFO
Signature
/s/ Kenneth B. Spink
Issuer symbol
AEHR
Transactions as of
11 Jul 2023
Net transactions value
-$63,059
Form type
4
Filing time
13 Jul 2023, 16:00:54 UTC
Previous filing
17 Apr 2023
Next filing
17 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 Award $0 +13,711 +14% $0.000000 114,124 11 Jul 2023 by Trust F1
transaction AEHR Common Stock Tax liability $63,059 -1,629 -1.4% $38.71 112,495 11 Jul 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.