SEC Form 4 · accession 0001040470-16-000116
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
Aug 17, 2016
Accepted (ET)
Aug 17, 2016 · 6:43 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 | Aug 17, 2016 | M | 1,210 | $0.75 | A | 13,412 | D | |
| Common Stock | Aug 17, 2016 | S | 1,210 | $1.80 | D | 12,202 | 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 | $0.75 | Aug 17, 2016 | M | 1,210 | D | Feb 29, 2012 | Jan 31, 2019 | Common Stock | 1,210 | 8,986 | 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.