Donald P. Richmond II - Jul 19, 2023 Form 4 Insider Report for AEHR TEST SYSTEMS (AEHR)

Role
VP of Engineering
Signature
/s/ Chris Siu, Attorney-in-fact
Stock symbol
AEHR
Transactions as of
Jul 19, 2023
Transactions value $
$55,590
Form type
4
Date filed
10/11/2023, 06:55 PM
Previous filing
Jul 17, 2023
Next filing
Aug 11, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AEHR Common Stock Options Exercise $55.6K +34K +20.15% $1.64* 203K Jul 19, 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 Incentive Stock Option (right to buy) Options Exercise $0 -34K -100% $0.00* 0 Jul 19, 2023 Common Stock 34K $1.64 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The amount is as of 7/19/2023, it does not reflect previously reported transactions that occurred after 7/19/2023, and it includes shares subject to unvested restricted stock units.
F2 One forty-eighth (1/48) of the total number of shares became exercisable on this date and an additional one forty-eighth (1/48) of the total number of shares became exercisable each month thereafter.

Remarks:

Ex. 24 - Power of Attorney