0001654954-21-012199.txt : 20211115 0001654954-21-012199.hdr.sgml : 20211115 20211115160045 ACCESSION NUMBER: 0001654954-21-012199 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20211111 FILED AS OF DATE: 20211115 DATE AS OF CHANGE: 20211115 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Erickson Gayn CENTRAL INDEX KEY: 0001364097 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-22893 FILM NUMBER: 211410034 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: 1231 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 2021-11-11 0001040470 AEHR TEST SYSTEMS AEHR 0001364097 Erickson Gayn C/O AEHR TEST SYSTEMS 400 KATO TERRACE FREMONT CA 94539 true true President and CEO Common Stock 2021-11-11 4 M false 29880 2.1 A 472633 D Common Stock 2021-11-11 4 M false 15140 1.68 A 487773 D Common Stock 2021-11-11 4 M false 10344 3.93 A 498117 D Common Stock 2021-11-11 4 M false 19003 2.4 A 517120 D Common Stock 2021-11-11 4 M false 62727 1.635 A 579847 D Common Stock 2021-11-11 4 S false 80000 23.287 D 499847 D Non-Qualified Stock Option (right to buy) 1.635 2021-11-11 4 M false 62727 0 D 2019-08-16 2026-07-16 Common Stock 62727 3338 D Non-Qualified Stock Option (right to buy) 1.68 2021-11-11 4 M false 15140 0 D 2016-08-25 2023-07-25 Common Stock 15140 0 D Non-Qualified Stock Option (right to buy) 2.1 2021-11-11 4 M false 29880 0 D 2015-05-21 2022-04-21 Common Stock 29880 0 D Non-Qualified Stock Option (right to buy) 2.4 2021-11-11 4 M false 19003 0 D 2018-09-17 2025-08-17 Common Stock 19003 0 D Non-Qualified Stock Option (right to buy) 3.93 2021-11-11 4 M false 10344 0 D 2017-08-11 2024-07-11 Common Stock0 10344 0 D The shares were sold to cover the exercise cost and income tax payments in connection with the exercise of non-qualified stock options. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $22.91 to $23.90, 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. The amount reported includes shares subject to unvested restricted stock units. 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. Exhibit 24 - Power of Attorney /s/ Kenneth B. Spink, Attorney-in-fact 2021-11-15 EX-24 2 powerattorneygerickson202.htm POWER OF ATTORNEY powerattorneygerickson202
  Exhibit 24
 
 
 
                           POWER OF ATTORNEY
 
The undersigned, as a Section 16 reporting person of Aehr
Test Systems (the "Company"), hereby constitutes and appoints
Kenneth B. Spink and Vernon Rogers, and each of them, the
undersigned's true and lawful attorney-in-fact to:
 
      1. complete and execute Forms 3, 4 and 5 and other forms
         and all amendments thereto as such attorney-in-fact
         shall in his or her discretion determine to be required
         or advisable pursuant to Section 16 of the Securities
         and Exchange Act of 1934 (as amended) and the rules and
         regulations promulgated thereunder, or any successor
         laws and regulations, as a consequence of the
         undersigned's ownership, acquisition or disposition of
         securities of the Company; and
 
      2. do all acts necessary in order to file such forms with
         the Securities and Exchange Commission, any securities
         exchange or national association, the Company and such
         other person or agency as the attorney-in-fact shall
         deem appropriate.
 
The undersigned hereby ratifies and confirms all that said
attorney-in-fact and agents shall do or cause to be done by virtue
hereof. The undersigned acknowledges that the foregoing
attorney-in-fact, in serving in such capacity at the request of the
undersigned, are not assuming, nor is the Company assuming, any of
the undersigned's responsibilities to comply with Section 16 of the
Securities Exchange Act of 1934 (as amended).
 
This Power of Attorney shall remain in full force and effect
until the undersigned is no longer required to file Forms 3, 4 and
5 with respect to the undersigned's holdings and transactions in
securities issued by the Company, unless earlier revoked by the
undersigned in a signed writing delivered to the Company and the
foregoing attorneys-in-fact.
 
IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney
to be executed as of this 3rd day of September, 2020.
 
 
Signature:           
/s/ GAYN ERICKSON
                                        ----------------------
 
Print Name:      
GAYN ERICKSON
                                        ----------------------