SEC Form 4 · accession 0001040470-16-000142
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 20, 2016
Accepted (ET)
Oct 21, 2016 · 7:03 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 StockF1 | Oct 20, 2016 | S | 129,100 | $2.9779 | D | 39,446 | D | |
| Common StockF2 | Oct 21, 2016 | S | 26,500 | $2.9661 | D | 12,946 | D | |
| Common StockF3 | holding | — | — | — | 398,500 | I | See Footnote | |
| Common StockF4 | holding | — | — | — | 331,800 | I | See Footnote | |
| Common StockF5 | holding | — | — | — | 305,176 | I | See Footnote | |
| Common StockF6 | holding | — | — | — | 14,860 | I | See Footnote | |
| Common StockF7 | holding | — | — | — | 7,925 | I | See Footnote | |
| Common StockF8 | holding | — | — | — | 7,225 | I | See Footnote | |
| Common StockF9 | holding | — | — | — | 3,775 | I | See Footnote | |
| Common StockF10 | holding | — | — | — | 810 | I | See Footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.95 to $3.05, inclusive. The reporting person undertakes to provide to Aehr Test Systems, any security holder of Aehr Test Systems, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth above.
- F10Shares held by custodial account for the benefit of Ava Schneider for which the Reporting Person is the custodian.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.95 to $2.99, inclusive. The reporting person undertakes to provide to Aehr Test Systems, any security holder of Aehr Test Systems, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth above.
- F3Shares held by PWA Real Estate, LLC for which the Reporting Person is an affiliate.
- F4Shares held by Private Wealth Adv 401K PSP for which the Reporting Person is the owner.
- F5Shares held by Dharma Group Insurance Co for which the Reporting Person is an affiliate.
- F6Shares held by Carla Frank for which the Reporting Person is an advisor.
- F7Shares held by custodial account for the benefit of Beatrice Schneider for which the Reporting Person is the custodian.
- F8Shares held by custodial account for the benefit of Helena Schneider for which the Reporting Person is the custodian.
- F9Shares held by custodial account for the benefit of Alexandria Schneider for which the Reporting Person is the custodian.