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

Role
President and CEO, Director
Signature
/s/ Chris Siu, Attorney-in-fact
Issuer symbol
AEHR
Transactions as of
11 Jul 2023
Net transactions value
-$200,092
Form type
4
Filing time
13 Jul 2023, 16:00:58 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 +31,250 +5.5% $0.000000 596,822 11 Jul 2023 Direct F1
transaction AEHR Common Stock Tax liability $153,059 -3,954 -0.66% $38.71 592,868 11 Jul 2023 Direct F2
transaction AEHR Common Stock Award $0 +10,000 +1.7% $0.000000 602,868 11 Jul 2023 Direct F3
transaction AEHR Common Stock Tax liability $47,033 -1,215 -0.2% $38.71 601,653 11 Jul 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