-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Kn1RcMQgYw/QdQ7vTfLHwTgrNQWvRvBccYuLfqATQekVGN/Y7Of35+uXtqQZdCOV CFBgw2Q954XnsXGBlnx6Fg== 0000897226-01-000006.txt : 20010223 0000897226-01-000006.hdr.sgml : 20010223 ACCESSION NUMBER: 0000897226-01-000006 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20010214 SUBJECT COMPANY: 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 FISCAL YEAR END: 0531 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: SEC FILE NUMBER: 005-52329 FILM NUMBER: 1544369 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 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: PRIVATE CAPITAL MANAGEMENT CENTRAL INDEX KEY: 0000897226 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] IRS NUMBER: 592756929 STATE OF INCORPORATION: FL FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 3003 TAMIAMI TRAIL NORTH CITY: NAPLES STATE: FL ZIP: 33940 BUSINESS PHONE: 9414344069 MAIL ADDRESS: STREET 1: 3003 TAMIAMI TRAIL NORTH STREET 2: 3003 TAMIAMI TRAIL NORTH CITY: NAPLES STATE: FL ZIP: 33940 FORMER COMPANY: FORMER CONFORMED NAME: PRIVATE CAPITAL MANAGEMENT INC /FL DATE OF NAME CHANGE: 19950223 SC 13G/A 1 0001.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Amendment No. 3 (Name of Issuer) AEHR TEST SYSTEMS (Title of Class of Securities) Common Stock (CUSIP Number) 00760J108 NAME OF REPORTING PERSON Private Capital Management I.R.S. IDENTIFICATION NO. 59-3654603 MEMBER OF A GROUP? (b) X PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: SOLE VOTING POWER 8800 SHARED VOTING POWER 778218 SOLE DISPOSITIVE POWER 8800 SHARED DISPOSITIVE POWER 778218 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 787018 PERCENT OF CLASS REPRESENTED BY AGGREGATE AMOUNT BENEFICIALLY OWNED 11.0% TYPE OF REPORTING PERSON IA NAME OF REPORTING PERSON Bruce S. Sherman I.R.S. IDENTIFICATION NO. ###-##-#### MEMBER OF A GROUP? (b) X CITIZENSHIP U.S. Citizen NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: SOLE VOTING POWER 105300 SHARED VOTING POWER 1471218 SOLE DISPOSITIVE POWER 105300 SHARED DISPOSITIVE POWER 1471218 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1576518 AGGREGATE AMOUNT BENEFICIALLY OWNED EXCLUDES CERTAIN SHARES (yes) PERCENT OF CLASS REPRESENTED BY AGGREGATE AMOUNT BENEFICIALLY OWNED 22.1% TYPE OF REPORTING PERSON IN NAME OF REPORTING PERSON Gregg J. Powers I.R.S. IDENTIFICATION NO. ###-##-#### MEMBER OF A GROUP? (b) X CITIZENSHIP U.S. Citizen NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: SOLE VOTING POWER 28800 SHARED VOTING POWER 1461218 SOLE DISPOSITIVE POWER 28800 SHARED DISPOSITIVE POWER 1461218 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1490018 AGGREGATE AMOUNT BENEFICIALLY OWNED EXCLUDES CERTAIN SHARES (yes) PERCENT OF CLASS REPRESENTED BY AGGREGATE AMOUNT BENEFICIALLY OWNED 20.9% TYPE OF REPORTING PERSON IN NAME OF REPORTING PERSON SPS Partners, L.P. I.R.S. IDENTIFICATION NO. 65-0496234 MEMBER OF A GROUP? (b) X PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH: SOLE VOTING POWER 0 SHARED VOTING POWER 683000 SOLE DISPOSITIVE POWER 0 SHARED DISPOSITIVE POWER 683000 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 683000 PERCENT OF CLASS REPRESENTED BY AGGREGATE AMOUNT BENEFICIALLY OWNED 9.6% TYPE OF REPORTING PERSON IA ITEMS 1 - 10 OF GENERAL INSTRUCTIONS Item 1. (a)Name of Issuer: AEHR TEST SYSTEMS (b)Address of Issuer: 400 Kato Terrace, Fremont, CA 94539 Item 2. (a)Name of Person Filing: See Exhibit 1 (b)Address of Person Filing: 3003 Tamiami Trail N., Naples, FL 34103 (c)Citizenship: See Exhibit 1 (d)Title of Class of Securities: Common Stock (e)CUSIP Number: 00760J108 Item 3. The reporting person is filing as an Investment Adviser registered under section 203 of the Investment Advisers Act of 1940. Item 4. Ownership (a)Amount Beneficially Owned: See Exhibit 1 (b)Percent of Class: See Exhibit 1 (c)Number of Shares as to which such person has: (i)sole power to vote or to direct the vote: See Exhibit 1 (ii)shared power to vote or to direct the vote: See Exhibit 1 (iii)sole power to dispose or to direct the disposition of: See Exhibit 1 (iv)shared power to dispose or to direct the disposition of: See Exhibit 1 Item 5. Ownership of Five Percent or Less of Class: N/A Item 6. Ownership of More than Five Percent on Behalf of Another Person: N/A Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company: N/A Item 8. Identification and Classification of Members of the Group: See Exhibit 1 Item 9. Notice of Dissolution of Group: N/A Item 10. Certification: By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired in the ordinary course of business and were not acquired for the purpose of and do not have the effect of changing or influencing the control of the issuer of such securities and were not acquired in connection with or as a participant in any transaction having such purposes or effect. SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: See Exhibit 2 Signature: See Exhibit 2 Name/Title: See Exhibit 2 Exhibit 1 Item 2. (a) Name of Person Filing 1) Private Capital Management, Inc. 2) *Bruce S. Sherman 3) *Gregg J. Powers 4) SPS Partners, L.P. (c)Citizenship 1) Florida 2) U.S. 3) U.S. 4) Maryland Item 4. (a) Amount Beneficially Owned 1) 787018 2) 1576518 3) 1490018 4) 683000 (b) Percent of Class 1) 0.110458419 2) 0.221265187 3) 0.209124864 4) 0.095859434 (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote 1) 8800 2) 105300 3) 28800 4) 0 (ii) shared power to vote or to direct the vote 1) 778218 2) 1471218 3) 1461218 4) 683000 (iii) sole power to dispose or to direct the disposition of 1) 8800 2) 105300 3) 28800 4) 0 (iv) shared power to dispose or to direct the disposition of 1) 778218 2) 1471218 3) 1461218 4) 683000 * Bruce S. Sherman is Chairman of Private Capital Management (PCM) and Gregg J. Powers is President of PCM. In these capacities, Messrs. Sherman and Powers exercise shared dispositive and shared voting power with respect to shares held by PCM's clients and managed by PCM. Messrs. Sherman and Powers are also general partners of SPS Partners, LP PS), the investment advisor to the Entrepreneurial Value Fund, L.P. (EVF). In this capacity, Messrs. Sherman and Powers exercise shared dispositive and voting powers over shares held by EVF. Messrs. Sherman and Powers disclaim beneficial ownership for the shares held by EVF and by PCM's clients and disclaim the existence of a group. Exhibit 2 Signature After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: February 14, 2001 _____________________________________ Bruce S. Sherman as Chairman, PCM as Managing Director, SPS as, individual, as applicable ______________________________________ Gregg J. Powers as President, PCM as General Partner, SPS as, individual, as applicable -----END PRIVACY-ENHANCED MESSAGE-----