SEC Form 4 · accession 0001040470-18-000053
AEHR TEST SYSTEMS · AEHR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William W R Elder
Director
Period of report
Oct 23, 2018
Accepted (ET)
Oct 24, 2018 · 8:56 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-Qualified Stock Option (right to buy)F1 | $2.03 | Oct 23, 2018 | A | 10,000 | A | Nov 23, 2018 | Oct 23, 2025 | Common Stock | 10,000 | 10,000 | D |
Explanation of responses
- F1One 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.