SEC Form 4 · accession 0001040470-16-000145
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 24, 2016
Accepted (ET)
Oct 26, 2016 · 7:14 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,F2 | Oct 24, 2016 | S | 49,773 | $3.0643 | D | 348,727 | I | See Footnote |
| Common StockF3,F2 | Oct 25, 2016 | S | 103,509 | $3.1538 | D | 245,218 | I | See Footnote |
| Common StockF4,F5 | Oct 24, 2016 | S | 14,860 | $3.0054 | D | 0 | I | See Footnote |
| Common StockF4,F6 | Oct 24, 2016 | S | 7,925 | $3.0054 | D | 0 | I | See Footnote |
| Common StockF4,F7 | Oct 24, 2016 | S | 7,225 | $3.0054 | D | 0 | I | See Footnote |
| Common StockF4,F8 | Oct 24, 2016 | S | 3,775 | $3.0054 | D | 0 | I | See Footnote |
| Common StockF4,F9 | Oct 24, 2016 | S | 810 | $3.0054 | D | 0 | I | See Footnote |
| Common Stock | holding | — | — | — | 12,946 | D | ||
| Commmon StockF10 | holding | — | — | — | 331,800 | I | See Footnote | |
| Common StockF11 | holding | — | — | — | 305,176 | 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 a price of $3.06. 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 the price set forth above.
- F10Shares held by Private Wealth Adv 401k PSP for which the Reporting Person is the owner.
- F11Shares held by Dharma Group Insurance Co for which the Reporting Person is an affiliate.
- F2Shares held by PWA Real Estate, LLC for which the reporting person is an affiliate.
- F3The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at a price of $3.15. 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 the price set forth above.
- F4The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at a price of $3.01. 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 the price set forth above.
- F5Shares held by Carla Frank for which the Reporting Person is an advisor.
- F6Shares held in custodial account for the benefit of Beatrice Schneider for which the Reporting Person is the custodian.
- F7Shares held in custodial account for the benefit of Helena Schneider for which the Reporting Person is the custodian.
- F8Shares held in custodial account for the benefit of Alexandria Schneider for which the Reporting Person is the custodian.
- F9Shares held in custodial account for the benefit of Ava Schneider for which the Reporting Person is the custodian.