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AEHR TEST SYSTEMS — Major Shareholding Notification 2014
Dec 12, 2014
32300_mrq_2014-12-12_6e3424ea-b4d4-4f28-98a9-70673d79d97a.zip
Major Shareholding Notification
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 2)*
AEHR Test Systems
(Name of Issuer)
Common Stock, par value $0.01 per share
(Title of Class of Securities)
00760J108
(CUSIP Number)
Cara Sharbaugh, Private Wealth Advisors Inc.,
4900 Perry Highway, Suite 300,
Pittsburgh, PA 15229, P:412-931-2700
(Name, Address and Telephone Number of Person Authorized to Receieve Notices and Communications)
December 03, 2014
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.
- The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed to be filed for the purposes of Section 18 of the Securities Exchange Act of 1934 (the Act) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Instructions).
CUSIP No.: 00760J108
| 1 | NAME OF REPORTING PERSON: PWA Real Estate, LLC I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) 26-1277040 | |
|---|---|---|
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) o (b) x | |
| 3 | SEC USE ONLY | |
| 4 | SOURCE OF FUNDS: WC | |
| 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) | |
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION State of Pennsylvania | |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER 363,500 |
| 8 | SHARED VOTING POWER 0 | |
| 9 | SOLE DISPOSITIVE POWER 363,500 | |
| 10 | SHARED DISPOSITIVE POWER 0 | |
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 363,500 | |
| 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | |
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 2.87% | |
| 14 | TYPE OF REPORTING PERSON OO |
2
CUSIP No.: 00760J108
| 1 | NAME OF REPORTING PERSON: Private Wealth Adv 401K PSP FBO John M. Schneider I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) | |
|---|---|---|
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) o (b) x | |
| 3 | SEC USE ONLY | |
| 4 | SOURCE OF FUNDS: OO | |
| 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) | |
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION United States of America | |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER 331,800 |
| 8 | SHARED VOTING POWER 0 | |
| 9 | SOLE DISPOSITIVE POWER 331,800 | |
| 10 | SHARED DISPOSITIVE POWER 0 | |
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 331,800 | |
| 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | |
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 2.62% | |
| 14 | TYPE OF REPORTING PERSON EP |
3
CUSIP No.: 00760J108
| 1 | NAME OF REPORTING PERSON: John Schneider custodian FBO Alexandria Schneider UTMA PA until Age 21 I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) | |
|---|---|---|
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) o (b) x | |
| 3 | SEC USE ONLY | |
| 4 | SOURCE OF FUNDS: PF | |
| 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) | |
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION Unites States of America | |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER 3,200 |
| 8 | SHARED VOTING POWER 0 | |
| 9 | SOLE DISPOSITIVE POWER 3,200 | |
| 10 | SHARED DISPOSITIVE POWER 0 | |
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,200 | |
| 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | |
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.03% | |
| 14 | TYPE OF REPORTING PERSON OO |
4
CUSIP No.: 00760J108
| 1 | NAME OF REPORTING PERSON: John Schneider custodian FBO Helena Schneider UTMA PA until Age 21 I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) | |
|---|---|---|
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) o (b) x | |
| 3 | SEC USE ONLY | |
| 4 | SOURCE OF FUNDS: PF | |
| 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) | |
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION Unites States of America | |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER 6,650 |
| 8 | SHARED VOTING POWER 0 | |
| 9 | SOLE DISPOSITIVE POWER 6,650 | |
| 10 | SHARED DISPOSITIVE POWER 0 | |
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 6,650 | |
| 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | |
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.05% | |
| 14 | TYPE OF REPORTING PERSON OO |
5
CUSIP No.: 00760J108
| 1 | NAME OF REPORTING PERSON: John Schneider custodian FBO Beatrice Schneider UTMA PA until Age 21 I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) | |
|---|---|---|
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) o (b) x | |
| 3 | SEC USE ONLY | |
| 4 | SOURCE OF FUNDS: PF | |
| 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) | |
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION Unites States of America | |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER 7,350 |
| 8 | SHARED VOTING POWER 0 | |
| 9 | SOLE DISPOSITIVE POWER 7,350 | |
| 10 | SHARED DISPOSITIVE POWER 0 | |
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 7,350 | |
| 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | |
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.06% | |
| 14 | TYPE OF REPORTING PERSON OO |
6
CUSIP No.: 00760J108
| 1 | NAME OF REPORTING PERSON: John Schneider custodian FBO Ava Schneider UTMA PA until Age 21 I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) | |
|---|---|---|
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) o (b) x | |
| 3 | SEC USE ONLY | |
| 4 | SOURCE OF FUNDS: PF | |
| 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) | |
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION Unites States of America | |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER 810 |
| 8 | SHARED VOTING POWER 0 | |
| 9 | SOLE DISPOSITIVE POWER 810 | |
| 10 | SHARED DISPOSITIVE POWER 0 | |
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 810 | |
| 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | |
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.01% | |
| 14 | TYPE OF REPORTING PERSON OO |
7
CUSIP No.: 00760J108
| 1 | NAME OF REPORTING PERSON: Dharma Group Insurance Co. I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) 46-4362294 | |
|---|---|---|
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) o (b) x | |
| 3 | SEC USE ONLY | |
| 4 | SOURCE OF FUNDS: WC | |
| 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) | |
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION State of Delaware | |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER 305,176 |
| 8 | SHARED VOTING POWER 0 | |
| 9 | SOLE DISPOSITIVE POWER 305,176 | |
| 10 | SHARED DISPOSITIVE POWER 0 | |
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 305,176 | |
| 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | |
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 2.41% | |
| 14 | TYPE OF REPORTING PERSON OO |
8
CUSIP No.: 00760J108
| 1 | NAME OF REPORTING PERSON: Carla Frank I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) | |
|---|---|---|
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) o (b) x | |
| 3 | SEC USE ONLY | |
| 4 | SOURCE OF FUNDS: PF | |
| 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) | |
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION Unites States of America | |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER 14,860 |
| 8 | SHARED VOTING POWER 0 | |
| 9 | SOLE DISPOSITIVE POWER 14,860 | |
| 10 | SHARED DISPOSITIVE POWER 0 | |
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 14,860 | |
| 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | |
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.12% | |
| 14 | TYPE OF REPORTING PERSON IN |
9
CUSIP No.: 00760J108
| 1 | NAME OF REPORTING PERSON: PWA Securities, Inc. I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) 37-1537653 | |
|---|---|---|
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) o (b) x | |
| 3 | SEC USE ONLY | |
| 4 | SOURCE OF FUNDS: WC | |
| 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) | |
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION State of Pennsylvania | |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER 28,000 |
| 8 | SHARED VOTING POWER 0 | |
| 9 | SOLE DISPOSITIVE POWER 28,000 | |
| 10 | SHARED DISPOSITIVE POWER 0 | |
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 28,000 | |
| 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | |
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 0.22% | |
| 14 | TYPE OF REPORTING PERSON BD |
10
CUSIP No.: 00760J108
| 1 | NAME OF REPORTING PERSON: John M. Schneider I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) | |
|---|---|---|
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) o (b) x | |
| 3 | SEC USE ONLY | |
| 4 | SOURCE OF FUNDS PF | |
| 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e) | |
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION Unites States of America | |
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER 127,600 |
| 8 | SHARED VOTING POWER 1,188,946 | |
| 9 | SOLE DISPOSITIVE POWER 127,600 | |
| 10 | SHARED DISPOSITIVE POWER 1,188,946 | |
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 127,600 | |
| 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | |
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 1.01% | |
| 14 | TYPE OF REPORTING PERSON IN |
11
CUSIP No.: 00760J108
| ITEM 1. | SECURITY AND ISSUER: |
|---|---|
| Common Stock AEHR Test Systems 400 Kato Terrace Fremont, CA 94539 | |
| ITEM 2. | IDENTITY AND BACKGROUND: |
| a) NAME OF PERSON FILING: This statement is being filed by (i) PWA Real Estate, LLC ("PWARE") with respect to the 363,500 Shares of the Issuer beneficially owned by it; (ii) Private Wealth Adv 401K PSP FBO John M. Schneider (the "401K Plan") with respect to the 331,800 Shares of the Issuer beneficially owned by it; (iii) John Schneider custodian FBO Alexandria Schneider UTMA PA until Age 21 (the "UTMA account for Alexandria") with respect to the 3,200 Shares of the Issuer beneficially owned by it; (iv) John Schneider custodian FBO Helena Schneider UTMA Pa until Age 21 (the "UTMA account for Helena") with respect to the 6,650 Shares of the Issuer beneficially owned by it; (v) John Schneider custodian FBO Beatrice Schneider UTMA Pa until Age 21 (the "UTMA account for Beatrice") with respect to the 7,350 Shares of the Issuer beneficially owned by it; (vi) John Schneider custodian FBO Ava Schneider UTMA PA until Age 21 (the "UTMA account for Ava" and together with the UTMA account for Alexandria, the UTMA account for Helena and the UTMA account for Beatrice, the "UTMA accounts") with respect to the 810 Shares of the Issuer beneficially owned by it; (vii) Dharma Group Insurance Co. ("Dharma") with respect to 305,176 Shares of the Issuer beneficially owned by it; (viii) Carla Frank (Frank) with respect to the 14,860 Shares of the Issuer beneficially owned by it; (ix) PWA Securities, Inc. (PWA Securities) with respect to the 28,000 Shares of the Issuer beneficially owned by it; and (x) John M. Schneider with respect to 127,600 Shares of the Issuer owned by him as well as the Shares beneficially owned by PWARE, the 401K Plan, the UTMA accounts, Dharma, Frank and PWA Securities. As the sole member of PWARE, the sole beneficiary of the 401K Plan, the custodian for the UTMA accounts, the sole owner of Dharma, the advisor to Frank and a fifty-percent owner with control over trading transactions of PWA Securities, John M. Schneider may be deemed the beneficial holder of the Shares held by PWARE, the 401K Plan, the UTMA accounts, Dharma, Frank and PWA Securities which, when added together, total 1,188,946 Shares representing 9.39% of the issued and outstanding Shares of the Issuer. b) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE: PWA Real Estate, LLC - 4900 Perry Highway, Ste. 300, Pittsburgh, PA 15229 Private Wealth Adv 401K PSP FBO John M. Schneider - 4900 Perry Highway, Ste. 300, Pittsburgh, PA 15229 John Schneider custodian FBO Alexandria Schneider UTMA PA until Age 21 - 905 Beaver Street, Sewickley, PA 15143 John Schneider custodian FBO Helena Schneider UTMA PA until Age 21 - 905 Beaver Street, Sewickley, PA 15143 John Schneider custodian FBO Beatrice Schneider UTMA PA until Age 21 - 905 Beaver Street, Sewickley, PA 15143 John Schneider custodian FBO Ava Schneider UTMA PA until Age 21 - 905 Beaver Street, Sewickley, PA 15143 Dharma Group Insurance Co. - 4900 Perry Highway, Ste. 300, Pittsburgh, PA 15229 Carla Frank - 1729 Holmes Drive, Sewickley. PA 15143 PWA Securities, Inc. - 4900 Perry Highway, Ste. 300, Pittsburgh, PA 15229 John M. Schneider - 905 Beaver Street, Sewickley, PA 15143 c) PRESENT OR PRINCIPAL OCCUPATION OR EMPLOYMENT, OR PRINCIPAL BUSINESS: PWA Real Estate, LLC - Principal business is real estate holdings. Private Wealth Adv 401K PSP FBO John M. Schneider - N/A John Schneider custodian FBO Alexandria Schneider UTMA PA until Age 21 - N/A John Schneider custodian FBO Helena Schneider UTMA PA until Age 21 - N/A John Schneider custodian FBO Beatrice Schneider UTMA PA until Age 21 - N/A John Schneider custodian FBO Ava Schneider UTMA PA until Age 21 - N/A Dharma Group Insurance Co. - Principal business is insurance. Carla Frank - N/A PWA Securities, Inc. - Principal business is providing broker-dealer services. John M. Schneider - Principal employment is Financial Advisor. Private Wealth Advisors, Inc. 4900 Perry Highway, Suite 300 Pittsburgh, PA 15229 d) CONVICTION OF CRIMINAL PROCEEDINGS: N/A e) CIVIL PROCEEDINGS: N/A f) CITIZENSHIP: PWA Real Estate, LLC - Pennsylvania Private Wealth Adv 401K PSP FBO John M. Schneider - United States of America John Schneider custodian FBO Alexandria Schneider UTMA PA until Age 21 - United States of America John Schneider custodian FBO Helena Schneider UTMA PA until Age 21 - United States of America John Schneider custodian FBO Beatrice Schneider UTMA PA until Age 21 - United States of America John Schneider custodian FBO Ava Schneider UTMA PA until Age 21 - United States of America Dharma Group Insurance Co. - Delaware Carla Frank - United States of America PWA Securities, Inc. - Pennsylvania John M. Schneider - United States of America |
12
CUSIP No.: 00760J108
| ITEM 3. | SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION: |
|---|---|
| PWA Real Estate, LLC - Income from operations and a total amount of funds used in making the purchases of $679,890.24. Private Wealth Adv 401K PSP FBO John M. Schneider - Readily available assets in the plan and a total amount of funds used in making the purchases of $510,215.46. John Schneider custodian FBO Alexandria Schneider UTMA PA until Age 21 - Income from employment and a total amount of funds used in making the purchases of $8,480.80. John Schneider custodian FBO Helena Schneider UTMA PA until Age 21 - Income from employment and a total amount of funds used in making the purchases of $17,488.13. John Schneider custodian FBO Beatrice Schneider UTMA PA until Age 21 - Income from employment and a total amount of funds used in making the purchases of $19,798.73. John Schneider custodian FBO Ava Schneider UTMA PA until Age 21 - Income from employment and a total amount of funds used in making the purchases of $1,987.50. Dharma Group Insurance Co. - Income from operations and a total amount of funds used in making the purchases of $755,884.11. Carla Frank Personal funds and a total amount of funds used in making the purchases of $43,736.98. PWA Securities, Inc. - Income from operations and a total amount of funds used in making the purchases of $81,741.78. John M. Schneider - Income from employment and a total amount of funds used in making the purchases of $345,256.28. | |
| ITEM 4. | PURPOSE OF TRANSACTION: |
| The shares purchased have been acquired for investment. (d) John Schneider, the reporting person, has become a member of the Board of Directors of the Issuer. Mr. Schneider has no plans to change the number or the term of the directors of the Issuer. | |
| ITEM 5. | INTEREST IN SECURITIES OF THE ISSUER: |
| Provide the following information regarding the aggregate number and percentage of the class of securities of the Issuer identified in Item 1. (a) Amount beneficially owned: 1,188,946 Percent of class: 9.39% (based on the shares of Common Stock outstanding as of November 26, 2014) (b) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: PWA Real Estate, LLC - 363,500 Private Wealth Adv 401K PSP FBO John M. Schneider - 331,800 John Schneider custodian FBO Alexandria Schneider UTMA PA until Age 21 - 3,200 John Schneider custodian FBO Helena Schneider UTMA Pa until Age 21 - 6,650 John Schneider custodian FBO Beatrice Schneider UTMA PA until Age 21 - 7,350 John Schneider custodian FBO Ava Schneider UTMA PA until Age 21 - 810 Dharma Group Insurance Co. - 305,176 Carla Frank - 14,860 PWA Securities, Inc. - 28,000 John M. Schneider - 127,600 (ii) Shared power to vote or to direct the vote: John M. Schneider - 1,188,946 (iii) Sole power to dispose or to direct the disposition of: PWA Real Estate, LLC - 363,500 Private Wealth Adv 401K PSP FBO John M. Schneider - 331,800 John Schneider custodian FBO Alexandria Schneider UTMA PA until Age 21 - 3,200 John Schneider custodian FBO Helena Schneider UTMA Pa until Age 21 - 6,650 John Schneider custodian FBO Beatrice Schneider UTMA PA until Age 21 - 7,350 John Schneider custodian FBO Ava Schneider UTMA PA until Age 21 - 810 Dharma Group Insurance Co. - 305,176 Carla Frank - 14,860 PWA Securities, Inc. - 28,000 John M. Schneider 127,600 (iv) Shared power to dispose or to direct the disposition of: John M. Schneider - 1,188,946 (c) Description of transactions: The following purchases were effected in the past 60 days: See Exhibit A (d) N/A (e) N/A | |
| ITEM 6. | CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER: |
| 1. Non-Disclosure Agreement between John Schneider and AEHR Test Systems, a California corporation, dated November 5, 2014. 2. Common Stock Purchase Agreement between investors and AEHR Test Systems, a California corporation, dated November 24, 2014. 3. Offer Letter for the position of member of Board of Directors, AEHR Test Systems dated November 22, 2014 which became effective December 3, 2014. | |
| ITEM 7. | MATERIALS TO BE FILES AS EXHIBITS: |
| See attached Exhibits A and B |
13
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
| UNCHECK TO EDIT | ||
|---|---|---|
| PWA Real Estate, LLC | ||
| Date: December 10, 2014 | By: | /s/ John M. Schneider |
| Name: | John M. Schneider | |
| Title: | President | |
| UNCHECK TO EDIT | ||
| Private Wealth Adv 401K PSP FBO John M. Schneider | ||
| Date: December 10, 2014 | By: | /s/ John M. Schneider |
| Name: | John M. Schneider | |
| Title: | Owner |
| UNCHECK TO EDIT | ||
|---|---|---|
| John Schneider custodian FBO Alexandria Schneider UTMA PA until Age 21 | ||
| Date: December 10, 2014 | By: | /s/ John M. Schneider |
| Name: | John M. Schneider | |
| Title: | custodian | |
| UNCHECK TO EDIT FBO Helena Schneider UTMA | ||
| John Schneider custodianPA until Age 21 | ||
| Date: December 10, 2014 | By: | /s/ John M. Schneider |
| Name: | John M. Schneider | |
| Title: | custodian |
14
| UNCHECK TO EDIT | ||
|---|---|---|
| John Schneider custodian FBO Beatrice Schneider UTMA PA until Age 21 | ||
| Date: December 10, 2014 | By: | /s/ John M. Schneider |
| Name: | John M. Schneider | |
| Title: | custodian | |
| UNCHECK TO EDIT | ||
| John Schneider custodian FBO Ava Schneider UTMA PA until Age 21 | ||
| Date: December 10, 2014 | By: | /s/ John M. Schneider |
| Name: | John M. Schneider | |
| Title: | custodian |
| UNCHECK TO EDIT | ||
|---|---|---|
| Dharma Group Insurance Co. | ||
| Date: December 10, 2014 | By: | /s/ John M. Schneider |
| Name: | John M. Schneider | |
| Title: | President | |
| UNCHECK TO EDIT | ||
| Carla Frank | ||
| Date: December 10, 2014 | By: | /s/ John M. Schneider |
| Name: | John M. Schneider | |
| Title: | Advisor |
| UNCHECK TO EDIT | ||
|---|---|---|
| PWA Securities, Inc. | ||
| Date: December 10, 2014 | By: | /s/ John M. Schneider |
| Name: | John M. Schneider | |
| Title: | President | |
| UNCHECK TO EDIT | ||
| John M. Schneider | ||
| Date: December 10, 2014 | By: | /s/ John M. Schneider |
| Name: | John M. Schneider | |
| Title: | President |
Attention — Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001).
15
CUSIP No.: 00760J108
EXHIBIT A
PWA Real Estate, LLC
10/23/2014: 5,000
10/31/2014: 3,000
11/04/2014: 10,500
John Schneider
10/20/2014: 5,000
10/21/2014: 5,000
10/22/2014: 5,500
Dharma Group Insurance Co.
10/24/2014: 42,400
10/27/2014: 44,300
10/28/2014: 10,000
10/30/2014: 3,000
11/26/2014: 205,676
Private Wealth Adv 401K PSP John M. Schneider
10/31/2014: 2,100
16
EXHIBIT B
In accordance with the requirements of Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, and subject to the limitations set forth therein, the parties set forth below agree to jointly file the Schedule 13D to which this joint filing agreement is attached, and have duly executed this joint filing agreement as of the date set forth below.
| PWA REAL ESTATE, LLC — By: | /s/ John M. Schneider |
|---|---|
| Name: | John M. Schneider |
| Title: | President |
| PRIVATE WEALTH ADV 401K PSP FBO JOHN M. SCHNEIDER | |
|---|---|
| By: | /s/ John M. Schneider |
| Name: | John M. Schneider |
| Title: | Owner |
| JOHN SCHNEIDER CUSTODIAN FBO ALEXANDRIA SCHNEIDER UTMA PA UNTIL AGE 21 | |
|---|---|
| By: | /s/ John M. Schneider |
| Name: | John M. Schneider |
| Title: | custodian |
| JOHN SCHNEIDER CUSTODIAN FBO HELENA SCHNEIDER UTMA PA UNTIL AGE 21 | |
|---|---|
| By: | /s/ John M. Schneider |
| Name: | John M. Schneider |
| Title: | custodian |
| JOHN SCHNEIDER CUSTODIAN FBO BEATRICE SCHNEIDER UTMA PA UNTIL AGE 21 | |
|---|---|
| By: | /s/ John M. Schneider |
| Name: | John M. Schneider |
| Title: | custodian |
| JOHN SCHNEIDER CUSTODIAN FBO AVA SCHNEIDER UTMA PA UNTIL AGE 21 | |
|---|---|
| By: | /s/ John M. Schneider |
| Name: | John M. Schneider |
| Title: | custodian |
| DHARMA GROUP INSURANCE CO. | |
|---|---|
| By: | /s/ John M. Schneider |
| Name: | John M. Schneider |
| Title: | President |
| CARLA FRANK | |
|---|---|
| By: | /s/ John M. Schneider |
| Name: | John M. Schneider |
| Title: | Advisor |
| PWA SECURITIES, INC. | |
|---|---|
| By: | /s/ John M. Schneider |
| Name: | John M. Schneider |
| Title: | President |
| /s/ John M. Schneider |
17