Gayn Erickson - Jul 11, 2023 Form 4 Insider Report for AEHR TEST SYSTEMS (AEHR)

Role
President and CEO, Director
Signature
/s/ Chris Siu, Attorney-in-fact
Stock symbol
AEHR
Transactions as of
Jul 11, 2023
Transactions value $
-$200,092
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 +31.3K +5.53% $0.00 597K Jul 11, 2023 Direct F1
transaction AEHR Common Stock Tax liability -$153K -3.95K -0.66% $38.71 593K Jul 11, 2023 Direct F2
transaction AEHR Common Stock Award $0 +10K +1.69% $0.00 603K Jul 11, 2023 Direct F3
transaction AEHR Common Stock Tax liability -$47K -1.22K -0.2% $38.71 602K Jul 11, 2023 Direct F4, F5
* 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 25% of shares subject to the restricted shares awards shall vest immediately and the remaining 75% of shares will vest quarterly over the remaining 3 years.
F4 Represents shares that were withheld to satisfy tax withholding obligations upon vesting of restricted shares. This does not represent a sale by the Reporting Person.
F5 The amount reported includes shares subject to unvested restricted stock units and unvested restricted shares.

Remarks:

Ex. 24 - Power of Attorney