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AEHR TEST SYSTEMS Director's Dealing 2023

Feb 2, 2023

32300_dirs_2023-02-02_776625cf-c518-431f-ba10-89fecc694fbe.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AEHR TEST SYSTEMS (AEHR)
CIK: 0001040470
Period of Report: 2023-01-31

Reporting Person: ROSATI MARIO M (N/A)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2023-01-31 Common Stock M 10000 $2.8100 Acquired 10000 Direct
2023-01-31 Common Stock M 10000 $3.4600 Acquired 20000 Direct
2023-01-31 Common Stock M 10000 $2.0300 Acquired 30000 Direct
2023-01-31 Common Stock M 10000 $1.7700 Acquired 40000 Direct
2023-01-31 Common Stock M 14108 $1.6400 Acquired 54108 Direct
2023-01-31 Common Stock M 10000 $1.3400 Acquired 64108 Direct
2023-01-31 Common Stock S 64108 $34.2288 Disposed 3701 Direct
2023-01-31 Common Stock S 27000 $34.7181 Disposed 0 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2023-01-31 Non-Qualified Stock Option (right to buy) $1.3400 M 10000 Disposed 2027-10-20 Common Stock (10000) Direct
2023-01-31 Non-Qualified Stock Option (right to buy) $1.6400 M 14108 Disposed 2027-04-21 Common Stock (14108) Direct
2023-01-31 Non-Qualified Stock Option (right to buy) $1.7700 M 10000 Disposed 2026-10-22 Common Stock (10000) Direct
2023-01-31 Non-Qualified Stock Option (right to buy) $2.0300 M 10000 Disposed 2025-10-23 Common Stock (10000) Direct
2023-01-31 Non-Qualified Stock Option (right to buy) $2.8100 M 10000 Disposed 2023-10-18 Common Stock (10000) Direct
2023-01-31 Non-Qualified Stock Option (right to buy) $3.4600 M 10000 Disposed 2024-10-26 Common Stock (10000) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 48446 Indirect
Common Stock 151016 Indirect

Footnotes

F1: 1,621 unvested restricted stock units were cancelled when the reporting person retired from the Board of Directors on January 24, 2023.

F2: Shares held by Mario M. Rosati, Trustee of the Mario M. Rosati Trust U/D/T dated January 9, 1990.

F3: Shares held by Mario M. Rosati and Danelle Storm Rosati, Trustees of the Rosati Family Trust dated May 23, 1997.

F4: One twelfth (1/12) of the total number of shares became exercisable on this date and an additional one twelfth (1/12) of the total number of shares became exercisable each month thereafter.

F5: The total number of shares became exercisable on this date.