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