Michael A. Brannan - 26 Jan 2022 Form 4 Insider Report for AEHR TEST SYSTEMS (AEHR)

Reporting relationship: FORMER VP OF OPERATIONS
Issuer ticker: AEHR
Reported as of: 26 Jan 2022
Net transaction value: -$74,544
SEC form: 4
Accepted by SEC: 27 Jan 2022, 16:01:29 UTC
Prior SEC filing: 24 Jan 2022
Source filing: View source filing
Reporting owner signature: /s/ Michael A. Brannan

Key filing fact

Michael A. Brannan filed Form 4 for AEHR TEST SYSTEMS (AEHR) on 27 Jan 2022.

Key facts

This page summarizes Michael A. Brannan's Form 4 filing for AEHR TEST SYSTEMS (AEHR).
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 27 Jan 2022, 16:01.

Change

Previous filing in this sequence was filed on 24 Jan 2022.
Current net transaction value: -$74,544.

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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

AEHR transaction

Common Stock

Sale

Transaction value: $74,544
Shares: -6,025
Change %: -100%
Price: $12.37
Shares after: 0
Date: 26 Jan 2022
Ownership: Direct
Footnotes: F1, F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Michael A. Brannan is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 2 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 $12.86, 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

10,348 shares subject to unvested restricted stock units were cancelled upon employment termination.

SEC remarks

Michael Brannan terminated employment with the company effective 1/21/2022.