SEC Form 4 · accession 0001040470-15-000045
AEHR TEST SYSTEMS · AEHR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Carl N Buck
Officer — VP OF MARKETING
Period of report
May 15, 2015
Accepted (ET)
May 19, 2015 · 5:45 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001040470
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 15, 2015 | M | 2,000 | $1.95 | A | 2,000 | D | |
| Common Stock | May 15, 2015 | S | 1,000 | $2.24 | D | 1,000 | D | |
| Common Stock | May 15, 2015 | S | 1,000 | $2.39 | D | 0 | D | |
| Common Stock | holding | — | — | — | 97,556 | I | By Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Incentive Stock Option (right to buy)F1 | $1.95 | May 15, 2015 | M | 2,000 | D | Jul 29, 2010 | Jun 29, 2015 | Common Stock | 2,000 | 7,000 | D |
Explanation of responses
- F1One 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.