0001654954-20-001551.txt : 20200213 0001654954-20-001551.hdr.sgml : 20200213 20200213202309 ACCESSION NUMBER: 0001654954-20-001551 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200212 FILED AS OF DATE: 20200213 DATE AS OF CHANGE: 20200213 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: POSEDEL RHEA J CENTRAL INDEX KEY: 0001055117 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-22893 FILM NUMBER: 20613117 MAIL ADDRESS: STREET 1: C/O AEHR TEST SYSTEMS STREET 2: 400 KATO TERRACE CITY: FREMONT STATE: CA ZIP: 94539 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: AEHR TEST SYSTEMS CENTRAL INDEX KEY: 0001040470 STANDARD INDUSTRIAL CLASSIFICATION: INSTRUMENTS FOR MEAS & TESTING OF ELECTRICITY & ELEC SIGNALS [3825] IRS NUMBER: 942424084 STATE OF INCORPORATION: CA FISCAL YEAR END: 0531 BUSINESS ADDRESS: STREET 1: 400 KATO TERRACE CITY: FREMONT STATE: CA ZIP: 94539 BUSINESS PHONE: 5106239400 MAIL ADDRESS: STREET 1: 400 KATO TERRACE CITY: FREMONT STATE: CA ZIP: 94539 4 1 section16.xml PRIMARY DOCUMENT X0306 4 2020-02-12 0001040470 AEHR TEST SYSTEMS AEHR 0001055117 POSEDEL RHEA J C/O AEHR TEST SYSTEMS 400 KATO TERRACE FREMONT CA 94539 true Common Stock 2020-02-12 4 M false 30000 1.28000 A 78794 D Common Stock 2020-02-12 4 S false 30000 2.2700 D 48794 D Common Stock 902422 I by Trust Incentive Stock Option (right to buy) 1.2800 2020-02-12 4 M false 30000 0 D 2013-07-25 2020-06-25 Common Stock 30000 0 D The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $2.20 to $2.40, inclusive. The reporting person undertakes to provide to Aehr Test Systems, any security holder of Aehr Test Systems, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth above. Mr. Rhea Posedel received a required minimum distribution from ESOP plan for CY2019 of 1,960 shares on 11/22/2019. The closing price was $2.02 per share. Mr. Rhea Posedel received a required minimum distribution from ESOP plan for the following: CY2017 of 328 shares on 11/17/2017 when the closing price was $3.19 per share; CY2018 of 2,880 shares on 11/29/2018 when the closing price was $1.93 per share. One 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. /s/ Rhea J Posedel 2020-02-13