Slayen Howard T. - 14 Jul 2023 Form 4 Insider Report for AEHR TEST SYSTEMS (AEHR)

Role
Director
Signature
/s/ Chris Siu, Attorney-in-Fact
Issuer symbol
AEHR
Transactions as of
14 Jul 2023
Net transactions value
+$105,265
Form type
4
Filing time
17 Jul 2023, 16:00:47 UTC
Previous filing
12 Jul 2023
Next filing
27 Jul 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AEHR Common Stock Options Exercise $20,300 +10,000 +6.8% $2.03* 156,004 14 Jul 2023 Direct
transaction AEHR Common Stock Options Exercise $17,700 +10,000 +6.4% $1.77* 166,004 14 Jul 2023 Direct
transaction AEHR Common Stock Options Exercise $26,502 +16,160 +9.7% $1.64* 182,164 14 Jul 2023 Direct
transaction AEHR Common Stock Options Exercise $27,362 +14,711 +8.1% $1.86* 196,875 14 Jul 2023 Direct
transaction AEHR Common Stock Options Exercise $13,400 +10,000 +5.1% $1.34* 206,875 14 Jul 2023 Direct 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 -10,000 -100% $0.000000* 0 14 Jul 2023 Common Stock 10,000 $1.34 Direct F2
transaction AEHR Non-Qualified Stock Option (right to buy) Options Exercise $0 -16,160 -100% $0.000000* 0 14 Jul 2023 Common Stock 16,160 $1.64 Direct F3
transaction AEHR Non-Qualified Stock Option (right to buy) Options Exercise $0 -10,000 -100% $0.000000* 0 14 Jul 2023 Common Stock 10,000 $1.77 Direct F2
transaction AEHR Non-Qualified Stock Option (right to buy) Options Exercise $0 -14,711 -100% $0.000000* 0 14 Jul 2023 Common Stock 14,711 $1.86 Direct F3
transaction AEHR Non-Qualified Stock Option (right to buy) Options Exercise $0 -10,000 -100% $0.000000* 0 14 Jul 2023 Common Stock 10,000 $2.03 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 twelfth (1/12) of the total number of shares became exercisable on this date and an additional one twelfth (1/12) of the total number of shares became exercisable each month thereafter.
F3 Total number of shares became exercisable on this date.

Remarks:

Ex. 24 - Power of Attorney