SEC Form 4 · accession 0001040470-17-000064
AEHR TEST SYSTEMS · AEHR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David S Hendrickson
Officer — VP OF ENGINEERING
Period of report
Sep 19, 2017
Accepted (ET)
Sep 20, 2017 · 5:54 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 | Sep 19, 2017 | M | 5,000 | $1.271 | A | 25,351 | D | |
| Common StockF1 | Sep 19, 2017 | S | 5,000 | $3.52 | D | 20,351 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Incentive Stock Option (right to buy)F2 | $1.271 | Sep 19, 2017 | M | 5,000 | D | Jul 26, 2012 | Jun 26, 2019 | Common Stock | 5,000 | 30,000 | D |
Explanation of responses
- F1The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 9, 2016.
- F2One forty-eighth (1/48) of the total number of shares became exercisable on this date and an additional one forty-eighth (1/48) of the total number of shares became exercisable each month thereafter.