AEHR COO receives RSU shares, some withheld for tax
AEHR Test Systems Chief Operating Officer Adil Engineer reported equity compensation changes tied to restricted stock units.
Rhea-AI Filing Summary
AEHR Test Systems Chief Operating Officer Adil Engineer reported equity compensation changes tied to restricted stock units. On July 1, he acquired 3,079 and 6,165 shares of common stock at $0.00 per share as grants or awards upon vesting of performance-based and other RSUs.
To cover tax obligations on these vestings, 2,213 shares on July 1 at $84.425 and 437 shares on July 2 at $69.96 were withheld, which the filing states do not represent sales. After these transactions, he directly holds 47,506 shares, and this amount includes shares subject to unvested RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 437 | $69.96 | $31K |
| Grant/Award | Common Stock | 6,165 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 3,079 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 2,213 | $84.425 | $187K |
Footnotes (4)
- F1. Represents shares of common stock issued upon vesting of performance-based RSU.
- F2. One-sixteenth (1/16) 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 is still employed by the corporation on such dates.
- F3. Represents shares that were withheld to satisfy tax withholding obligations upon vesting of restricted stock units. This does not represent a sale by the Reporting Person.
- F4. The amount reported includes shares subject to unvested restricted stock units.
Key Figures
Key Terms
performance-based RSU financial
restricted stock units financial
tax withholding obligations financial
Chief Operating Officer financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did AEHR COO Adil Engineer report on this Form 4?
Were any of the AEHR insider transactions open-market sales or purchases?
What types of equity awards are involved in this AEHR Form 4 filing?
How are AEHR restricted stock units for the COO scheduled to vest over time?
AI-generated analysis. How Rhea-AI works. Not financial advice.