secwatch.observer — SEC 8-K summary
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Issuer:     AEHR TEST SYSTEMS (AEHR)
CIK:        0001040470
Form:       8-K
Filed at:   2022-04-01T23:59:59+00:00
Accession:  0001654954-22-004457
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Aehr Test Systems appoints Adil Engineer as COO effective April 6, 2022
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- Adil Engineer, age 45, named Chief Operating Officer; David Fucci remains through May 31, 2022 to assist transition.
- Annual base salary of $300,000; eligible for profit-based bonus and KBO bonus at 37.5% of base.
- Granted 85,000 stock options under 2016 Equity Incentive Plan, vesting monthly over 4 years.
- Also receives annual option grant equal to 25% of base salary (Black-Scholes value), vesting over 4 years.
- Engineer has 20+ years in semiconductor/medical ops; previously Head of Operations at Tecan.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1040470/000165495422004457/0001654954-22-004457-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1040470/000165495422004457/aehr_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-22-004457

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