Company: AEHR
Filing Date: 2025-09-10
Form Type: DEF 14A
Source: 0001654954-25-010620
Chunk: 59

Company: AEHR TEST SYSTEMS
Filing Date: 2025-09-10
Form: DEF 14A
Chunk 59
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--------|------:|---:|:----|:-------------------------------------------------------------------------------|-----:|---:|:----|:-------------------------------------------------------------------------------------------------------------------------------------------------------|------:|---:|
| Equity compensation plans approved by shareholders     |     |                                                                                                         | 1,309 | -1 |     | $                                                                              | 4.47 | -2 |     |                                                                                                                                                        | 1,011 | -3 |
| Equity compensation plans not approved by shareholders |     |                                                                                                         |     - |    |     |                                                                                |    - |    |     |                                                                                                                                                        |     - |    |
| Total                                                  |     |                                                                                                         | 1,309 | -1 |     | $                                                                              | 4.47 | -2 |     |                                                                                                                                                        | 1,011 | -3 |

| (1) | Amount includes shares of common stock issuable under our 2016 Equity Incentive Plan and 2023 Equity Incentive Plan pursuant to 645,000 stock options and 664,000 RSUs but does not include any rights with respect to shares of common stock issuable under our Employee Stock Purchase Plan. |
| (2) | Excludes RSUs, which have no exercise price.                                                                                                                                                                                                                                                   |
| (3) | Includes 801,000 shares available for future issuance under our 2023 Equity Incentive Plan and 210,000 shares available for future issuance under our Employee Stock Purchase Plan.                                                                                                            |

| 44 |

Pay Versus Performance

In accordance with rules adopted by the SEC pursuant to the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 and Item 402(v) of Regulation S-K, we provide the following disclosure regarding executive compensation actually paid (“CAP”) to our principal executive officer (“PEO”) and Non-PEO named executive officers (“NEOs”) and the Company’s performance for the fiscal years listed below. This disclosure is intended to comply with the requirements of Item 402(v) of Regulation S-K applicable to “smaller reporting companies.” The Compensation Committee did not consider the pay versus performance disclosure below in making its pay decisions for any of the years shown. For additional information about our pay for performance compensation philosophy and how the Company seeks to align executive compensation with the Company’s performance, refer to the section above titled “Executive Compensation.”

The following table sets forth additional compensation information of our Principal Executive Officer (PEO) and our other (non-PEO) NEOs along with total shareholder return, and net