SEC Form 4 · accession 0001040470-18-000009
AEHR TEST SYSTEMS · AEHR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Howard T Slayen
Director
Period of report
Feb 12, 2018
Accepted (ET)
Feb 12, 2018 · 8:28 pm EST
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 | Feb 12, 2018 | M | 37,076 | $0.75 | A | 160,469 | D | |
| Common Stock | Feb 12, 2018 | M | 37,926 | $0.80 | A | 198,395 | D |
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 | $0.75 | Feb 12, 2018 | M | 37,076 | D | Feb 29, 2012 | Jan 31, 2019 | Common Stock | 37,076 | 0 | D |
| Non-Qualified Stock Option (right to buy)F1 | $0.80 | Feb 12, 2018 | M | 37,926 | D | Dec 28, 2012 | Nov 28, 2019 | Common Stock | 37,926 | 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.