Key facts
- This page summarizes Michael A. Brannan's Form 4 filing for AEHR TEST SYSTEMS (AEHR).
- 3 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 24 Jan 2022, 15:00.
Michael A. Brannan - 20 Jan 2022 Form 4 Insider Report for AEHR TEST SYSTEMS (AEHR)
- Reporting relationship
- V.P. of Operations
- Issuer ticker
- AEHR
- Reported as of
- 20 Jan 2022
- Net transaction value
- -$185,803
- SEC form
- 4
- Accepted by SEC
- 24 Jan 2022, 15:00:58 UTC
- Prior SEC filing
- 14 Jan 2022
- Next SEC filing
- 27 Jan 2022
- Source filing
- View source filing
- Reporting owner signature
- /s/ Michael A. Brannan
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Michael A. Brannan filed Form 4 for AEHR TEST SYSTEMS (AEHR) on 24 Jan 2022.
Change
- Previous filing in this sequence was filed on 14 Jan 2022.
- Current net transaction value: -$185,803.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
AEHR
transaction
Common Stock
Options Exercise
- Transaction value
- $3,812
- Shares
- +3,125
- Change %
- +11%
- Price
- $1.22*
- Shares after
- 31,723
- Date
- 20 Jan 2022
- Ownership
- Direct
AEHR
transaction
Common Stock
Sale
- Transaction value
- $189,615
- Shares
- -15,350
- Change %
- -48%
- Price
- $12.35
- Shares after
- 16,373
- Date
- 20 Jan 2022
- Ownership
- Direct
- Footnotes
- F1, F2
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
AEHR
transaction
Derivative
Incentive Stock Option (right to buy)
Options Exercise
- Transaction value
- $0
- Shares
- -3,125
- Change %
- -7.1%
- Price
- $0.000000
- Shares after
- 40,625
- Date
- 20 Jan 2022
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 3,125
- Exercise price
- $1.22
- Footnotes
- F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 3 footnotes
Footnote F1
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $12.20 to $12.66, inclusive. The reporting person undertakes to provide to Aehr Test Systems, any security holder of Aehr Test Systems, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth above.
Footnote F2
The amount reported includes shares subject to unvested restricted stock units.
Footnote F3
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.