SEC Form 4 · accession 0001040470-18-000044
AEHR TEST SYSTEMS · AEHR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gayn Erickson
Officer — President & CEO · Director
Period of report
Aug 17, 2018
Accepted (ET)
Aug 20, 2018 · 8:09 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001040470
Table I — non-derivative securities
No Table I lines on this filing.
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 | $2.40 | Aug 17, 2018 | A | 80,997 | A | Sep 17, 2018 | Aug 17, 2025 | Common Stock | 80,997 | 80,997 | D |
| Non-Qualified Stock Option (right to buy)F1 | $2.40 | Aug 17, 2018 | A | 19,003 | A | Sep 17, 2018 | Aug 17, 2025 | Common Stock | 19,003 | 19,003 | 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.