SEC Form 4 · accession 0001040470-16-000097
AEHR TEST SYSTEMS · AEHR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert R Anderson
Director
Period of report
Jul 19, 2016
Accepted (ET)
Jul 20, 2016 · 2:08 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 | Jul 19, 2016 | M | 15,241 | $1.77 | A | 689,932 | I | By Trust |
| Common Stock | Jul 19, 2016 | M | 2,500 | $2.063 | A | 692,432 | 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 | $1.77 | Jul 19, 2016 | M | 15,241 | D | Aug 17, 2013 | Jul 17, 2020 | Common Stock | 15,241 | 0 | D |
| Non-Qualified Stock Option (right to buy)F2 | $2.063 | Jul 19, 2016 | M | 2,500 | D | Nov 21, 2014 | Oct 21, 2021 | Common Stock | 2,500 | 24,960 | D |
Explanation of responses
- F1One sixth (1/6) of the total number of shares became exercisable on this date and an additional one sixth (1/6) of the total number of shares became exercisable each month thereafter.
- F2One 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.