SEC Form 4 · accession 0001040470-15-000082
AEHR TEST SYSTEMS · AEHR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William W R Elder
Director
Period of report
Oct 22, 2015
Accepted (ET)
Oct 23, 2015 · 6:31 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 | Oct 22, 2015 | M | 1,300 | $1.32 | A | 1,300 | D | |
| Common Stock | Oct 22, 2015 | S | 100 | $2.21 | D | 1,200 | D | |
| Common Stock | Oct 22, 2015 | S | 1,200 | $2.20 | D | 0 | D | |
| Common Stock | Oct 23, 2015 | M | 500 | $1.32 | A | 500 | D | |
| Common Stock | Oct 23, 2015 | S | 100 | $2.22 | D | 400 | D | |
| Common Stock | Oct 23, 2015 | S | 100 | $2.21 | D | 300 | D | |
| Common Stock | Oct 23, 2015 | S | 300 | $2.20 | D | 0 | D | |
| Common Stock | holding | — | — | — | 3,000 | I | Trust for Son | |
| Common Stock | holding | — | — | — | 111,800 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F1 | $1.32 | Oct 22, 2015 | M | 1,300 | D | Nov 27, 2010 | Oct 27, 2015 | Common Stock | 1,300 | 2,035 | D |
| Non-Qualified Stock Option (right to buy)F1 | $1.32 | Oct 23, 2015 | M | 500 | D | Nov 27, 2010 | Oct 27, 2015 | Common Stock | 500 | 1,535 | D |
Explanation of responses
- F1One 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.