Kenneth B. Spink - 17 Jul 2023 Form 4 Insider Report for AEHR TEST SYSTEMS (AEHR)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
19 Jul 2023, 16:03:32 UTC
Prior SEC filing
17 Jul 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Kenneth B. Spink

Key filing fact

Kenneth B. Spink filed Form 4 for AEHR TEST SYSTEMS (AEHR) on 19 Jul 2023.

Key facts

  • This page summarizes Kenneth B. Spink's Form 4 filing for AEHR TEST SYSTEMS (AEHR).
  • 5 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 19 Jul 2023, 16:03.

Change

  • Previous filing in this sequence was filed on 17 Jul 2023.
  • Current net transaction value: -$1,807,978.

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

Options Exercise

Transaction value
$27,626
Shares
+11,511
Change %
Price
$2.40*
Shares after
11,511
Date
17 Jul 2023
Ownership
Direct
AEHR transaction

Common Stock

Options Exercise

Transaction value
$40,875
Shares
+25,000
Change %
+217%
Price
$1.64*
Shares after
36,511
Date
17 Jul 2023
Ownership
Direct
AEHR transaction

Common Stock

Sale

Transaction value
$1,876,479
Shares
-36,511
Change %
-100%
Price
$51.39
Shares after
0
Date
17 Jul 2023
Ownership
Direct
Footnotes
F1
AEHR holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
109,866
Date
17 Jul 2023
Ownership
by Trust
Footnotes
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
-25,000
Change %
-100%
Price
$0.000000*
Shares after
0
Date
17 Jul 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
25,000
Exercise price
$1.64
Footnotes
F3
AEHR transaction Derivative

Incentive Stock Option (right to buy)

Options Exercise

Transaction value
$0
Shares
-11,511
Change %
-100%
Price
$0.000000*
Shares after
0
Date
17 Jul 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
11,511
Exercise price
$2.40
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 $51.25 to $51.75, 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.

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