DONALD P. RICHMOND II - 11 Jul 2023 Form 4 Insider Report for AEHR TEST SYSTEMS (AEHR)

Signature
/s/ Chris Siu, Attorney-in-fact
Issuer symbol
AEHR
Transactions as of
11 Jul 2023
Net transactions value
-$28,684
Form type
4
Filing time
13 Jul 2023, 16:00:41 UTC
Previous filing
17 Apr 2023
Next filing
17 Jul 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AEHR Common Stock Award $0 +6,656 +4.1% $0.000000 170,627 11 Jul 2023 Direct F1
transaction AEHR Common Stock Tax liability $28,684 -741 -0.43% $38.71 169,886 11 Jul 2023 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 25% of shares subject to the restricted stock unit awards shall vest immediately and the remaining 75% of shares will vest quarterly over the remaining 3 years.
F2 Represents shares that were withheld to satisfy tax withholding obligations upon vesting of restricted stock units. This does not represent a sale by the Reporting Person.
F3 The amount reported includes shares subject to unvested restricted stock units.

Remarks:

Ex. 24 - Power of Attorney