SEC Form 4 · accession 0001040470-18-000011
AEHR TEST SYSTEMS · AEHR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Carl N Buck
Officer — VP of Marketing
Period of report
Feb 13, 2018
Accepted (ET)
Feb 14, 2018 · 7:18 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 13, 2018 | M | 5,000 | $1.25 | A | 5,000 | D | |
| Common Stock | Feb 13, 2018 | S | 5,000 | $2.37 | D | 0 | D | |
| Common Stock | Feb 14, 2018 | M | 5,000 | $1.25 | A | 5,000 | D | |
| Common Stock | Feb 14, 2018 | S | 2,500 | $2.37 | D | 2,500 | D | |
| Common Stock | Feb 14, 2018 | S | 2,500 | $2.41 | D | 0 | D | |
| Common Stock | holding | — | — | — | 92,118 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Incentive Stock Option (right to buy)F1 | $1.25 | Feb 13, 2018 | M | 5,000 | D | Aug 8, 2011 | Jul 8, 2018 | Common Stock | 5,000 | 17,500 | D |
| Incentive Stock Option (right to buy)F1 | $1.25 | Feb 14, 2018 | M | 5,000 | D | Aug 8, 2011 | Jul 8, 2018 | Common Stock | 5,000 | 12,500 | D |
Explanation of responses
- F1One 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.