Filing Details
- Accession Number:
- 0001654954-20-001551
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2020-02-13 20:23:09
- Reporting Period:
- 2020-02-12
- Accepted Time:
- 2020-02-13 20:23:09
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1040470 | Aehr Test Systems | AEHR | Instruments For Meas & Testing Of Electricity & Elec Signals (3825) | 942424084 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1055117 | J Rhea Posedel | C/O Aehr Test Systems 400 Kato Terrace Fremont CA 94539 | No | No | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2020-02-12 | 30,000 | $1.28 | 78,794 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2020-02-12 | 30,000 | $2.27 | 48,794 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Incentive Stock Option (right to buy) | Disposition | 2020-02-12 | 30,000 | $0.00 | 30,000 | $1.28 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2013-07-25 | 2020-06-25 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 902,422 | Indirect | by Trust |
Footnotes
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.20 to $2.40, 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.
- Mr. Rhea Posedel received a required minimum distribution from ESOP plan for CY2019 of 1,960 shares on 11/22/2019. The closing price was $2.02 per share.
- Mr. Rhea Posedel received a required minimum distribution from ESOP plan for the following: CY2017 of 328 shares on 11/17/2017 when the closing price was $3.19 per share; CY2018 of 2,880 shares on 11/29/2018 when the closing price was $1.93 per share.
- 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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