AEHR Test Systems (AEHR) director granted 1,658 RSUs in stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DANESH FARIBA reported acquisition or exercise transactions in this Form 4 filing.
AEHR Test Systems director Fariba Danesh received a grant of 1,658 shares of Common Stock through restricted stock unit awards at no cash cost. One-fourth of the units will vest at the end of each three full calendar months, as long as she continues serving on the Board. Following this award, she is reported as holding 14,801 shares of Common Stock, and this amount includes shares subject to unvested restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
DANESH FARIBA
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,658 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 14,801 shares (Direct, null)
Footnotes (1)
- One-fourth (1/4) of the total number of shares subject to the restricted stock unit awards shall vest at the end of each three full calendar months following the date of this action, provided that such recipient still serves as a member of the Board of Director of the corporation on such dates. The amount reported includes shares subject to unvested restricted stock units.
Key Figures
RSU grant size: 1,658 shares
Shares after grant: 14,801 shares
Quarterly vesting portion: 1/4 of units
3 metrics
RSU grant size
1,658 shares
Restricted stock unit award of Common Stock to director Fariba Danesh
Shares after grant
14,801 shares
Total Common Stock reported following transaction, including unvested RSUs
Quarterly vesting portion
1/4 of units
Vests at end of each three full calendar months with continued Board service
Key Terms
restricted stock unit awards, unvested restricted stock units, Board of Director
3 terms
restricted stock unit awards financial
"One-fourth (1/4) of the total number of shares subject to the restricted stock unit awards shall vest..."
Restricted stock unit awards are company promises to deliver a specific number of shares to employees or service providers in the future once conditions—such as staying with the company for a set time or meeting performance targets—are met. They matter to investors because when the promises convert into actual shares they increase the total share count and can reduce earnings per share, while also aligning recipients’ interests with stock performance much like deferred pay that turns into ownership if goals are met.
unvested restricted stock units financial
"The amount reported includes shares subject to unvested restricted stock units."
Board of Director regulatory
"provided that such recipient still serves as a member of the Board of Director of the corporation..."
FAQ
What did AEHR director Fariba Danesh receive in this Form 4 filing for AEHR?
Fariba Danesh received a grant of 1,658 shares of AEHR Common Stock via restricted stock unit awards. The grant was reported at a price of $0.00 per share and reflects compensation rather than an open-market purchase.
How do Fariba Danesh’s restricted stock units at AEHR vest over time?
One-fourth of the total restricted stock unit awards will vest at the end of each three full calendar months. Vesting occurs only if she continues to serve as a member of AEHR’s Board of Director on each applicable vesting date.
What conditions are tied to the AEHR restricted stock units granted to Fariba Danesh?
The restricted stock units vest only if Fariba Danesh continues serving on AEHR’s Board of Director. One-fourth of the total units vest after each three full calendar months following the grant date, making ongoing board service a key condition for full vesting.