SEC Form 4 · accession 0001040470-16-000139
AEHR TEST SYSTEMS · AEHR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John M. Schneider
Director
Period of report
Oct 18, 2016
Accepted (ET)
Oct 20, 2016 · 6:24 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001040470
Table I — non-derivative securities
No Table I lines on this filing.
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 | $2.81 | Oct 18, 2016 | A | 10,000 | A | Nov 18, 2016 | Oct 18, 2023 | Common Stock | 10,000 | 10,000 | 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.