AEHR TEST SYSTEMS — Director's Dealing 2022

Jul 18, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AEHR TEST SYSTEMS (AEHR)
CIK: 0001040470
Period of Report: 2022-07-14

Reporting Person: RICHMOND DONALD P. II (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-07-14	Common Stock	A	13313	—	Acquired	106740	Direct
2022-07-14	Common Stock	A	47784	—	Acquired	154524	Direct
2022-07-14	Common Stock	F	25371	$8	Disposed	129153	Direct

Footnotes

F1: One-sixteenth (1/16) of the total number of shares subject to the restricted stock unit awards shall become exercisable at the end of each three full calendar months following the date of this action, provided that such recipient is still employed by the corporation on such dates.

F2: Represents shares of common stock issued upon vesting of performance-based RSUs.

F3: Represents shares that were withheld to satisfy tax withholding obligations upon vesting of performance-based RSUs described in footnote 2. This does not represent a sale by the Reporting Person.

F4: The amount reported includes shares subject to unvested restricted stock units.