SEC Form 4 · accession 0001040470-18-000051
AEHR TEST SYSTEMS · AEHR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mario M Rosati
Director
Period of report
Oct 2, 2018
Accepted (ET)
Oct 3, 2018 · 5:57 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 2, 2018 | M | 10,000 | $0.89 | A | 13,701 | D | |
| Common Stock | Oct 2, 2018 | S | 10,000 | $2.175 | D | 3,701 | D | |
| Common StockF1 | holding | — | — | — | 151,016 | I | By Trust | |
| Common StockF2 | holding | — | — | — | 23,468 | I | By Trust | |
| Common StockF3 | holding | — | — | — | 22,500 | I | See Footnote | |
| Common Stock | holding | — | — | — | 27,000 | I | By Managed Account |
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)F4 | $0.89 | Oct 2, 2018 | M | 10,000 | D | Nov 25, 2011 | Oct 25, 2018 | Common Stock | 10,000 | 0 | D |
Explanation of responses
- F1Shares held by Mario M. Rosati, Trustee of the Mario M. Rosati Trust U/D/T dated January 5, 1990.
- F2Shares held by Mario M. Rosati and Danelle Storm Rosati, Trustees of the Rosati Family Trust U/D/T dated May 23, 1997.
- F3Shares held by WS Investment Company, LLC (2001A), for which Mr. Rosati is a general partner.
- F4One 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.