POSEDEL RHEA J - 06 Feb 2024 Form 4 Insider Report for AEHR TEST SYSTEMS (AEHR)

Role
Director
Signature
/s/ Chris Siu, Attorney-in-Fact
Issuer symbol
AEHR
Transactions as of
06 Feb 2024
Transactions value $
$70,740
Form type
4
Filing time
07 Feb 2024, 20:37:57 UTC
Previous filing
01 Apr 2024
Next filing
15 Jul 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AEHR Common Stock Options Exercise $70.7K +18K +453.4% $3.93 22K 06 Feb 2024 Direct F1
holding AEHR Common Stock 479K 06 Feb 2024 By Trust F2

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 Option (right to buy) Options Exercise $0 -18K -100% $0.00* 0 06 Feb 2024 Common Stock 18K $3.93 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Mr. Rhea Posedel received a required minimum distribution from ESOP plan for CY 2023 of 433 shares on 12/07/2023. The closing price was $24.72 per share.
F2 The amount reported includes shares subject to unvested restricted stock units.
F3 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.

Remarks:

Ex. 24 - Power of Attorney