SPINK KENNETH B. 4
4 · AEHR TEST SYSTEMS · Filed Jul 19, 2023
Insider Transaction Report
Form 4
SPINK KENNETH B.
VP OF FINANCE & CFO
Transactions
- Sale
Common Stock
2023-07-17$51.39/sh−36,511$1,876,479→ 0 total - Exercise/Conversion
Common Stock
2023-07-17$2.40/sh+11,511$27,626→ 11,511 total - Exercise/Conversion
Common Stock
2023-07-17$1.64/sh+25,000$40,875→ 36,511 total - Exercise/Conversion
Incentive Stock Option (right to buy)
2023-07-17−25,000→ 0 totalExercise: $1.64From: 2019-08-16Exp: 2026-07-16→ Common Stock (25,000 underlying) - Exercise/Conversion
Incentive Stock Option (right to buy)
2023-07-17−11,511→ 0 totalExercise: $2.40From: 2018-09-17Exp: 2025-08-17→ Common Stock (11,511 underlying)
Holdings
- 109,866(indirect: By Trust)
Common Stock
Footnotes (3)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $51.25 to $51.75, 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.
- [F2]The amount reported includes shares subject to unvested restricted stock units.
- [F3]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.