SEC Form 4 · accession 0001040470-17-000075
AEHR TEST SYSTEMS · AEHR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert R Anderson
Director
Period of report
Oct 24, 2017
Accepted (ET)
Oct 25, 2017 · 5:08 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 | Oct 24, 2017 | M | 17,436 | $2.10 | A | 752,075 | I | By Trust |
| Common Stock | Oct 24, 2017 | M | 10,000 | $2.17 | A | 762,075 | 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 | $2.10 | Oct 24, 2017 | M | 17,436 | D | May 21, 2015 | Apr 21, 2022 | Common Stock | 17,436 | 0 | D |
| Non-Qualified Stock Option (right to buy)F2 | $2.17 | Oct 24, 2017 | M | 10,000 | D | Nov 20, 2015 | Oct 20, 2022 | Common Stock | 10,000 | 0 | 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.
- F2One 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.