SEC Form 4 · accession 0001040470-18-000021
AEHR TEST SYSTEMS · AEHR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David S Hendrickson
Officer — CHIEF TECHNOLOGY OFFICER
Period of report
Apr 13, 2018
Accepted (ET)
Apr 17, 2018 · 6:32 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 | Apr 13, 2018 | M | 4,112 | $1.28 | A | 24,463 | D | |
| Common StockF1 | Apr 13, 2018 | S | 4,112 | $2.42 | 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 | $1.28 | Apr 13, 2018 | M | 4,112 | D | Jul 25, 2013 | Jun 25, 2020 | Common Stock | 4,112 | 35,000 | 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, as amended on October 3,2017.
- 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.