Under the Securities Exchange Act of 1934
(Amendment No. )*
AEHR Test Systems
Common Stock, par value $0.01 per share
00760J108
July 15, 2013
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
[ ] Rule 13d-1(b)
[X] Rule 13d-1(c)
[ ] Rule 13d-1(d)
* The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see Instructions).
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NAME OF REPORTING PERSON PWA Real Estate, LLC I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) 26-1277040 |
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [X] |
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3 | SEC USE ONLY |
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CITIZENSHIP OR PLACE OF ORGANIZATION Pennsylvania |
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 5 |
SOLE VOTING POWER 211,000 |
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SHARED VOTING POWER 0 |
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SOLE DISPOSITIVE POWER 211,000 |
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SHARED DISPOSITIVE POWER 0 |
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 211,000 |
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 2% |
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TYPE OF REPORTING PERSON CO |
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NAME OF REPORTING PERSON Private Wealth Adv 401K PSP FBO John M. Schneider I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) |
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [X] |
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3 | SEC USE ONLY |
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CITIZENSHIP OR PLACE OF ORGANIZATION United States of America |
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 5 |
SOLE VOTING POWER 318,763 |
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6 |
SHARED VOTING POWER 0 |
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7 |
SOLE DISPOSITIVE POWER 318,763 |
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8 |
SHARED DISPOSITIVE POWER 0 |
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 318,763 |
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 3% |
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TYPE OF REPORTING PERSON IN |
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NAME OF REPORTING PERSON John M. Schneider I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) |
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2 |
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ] (b) [X] |
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3 | SEC USE ONLY |
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CITIZENSHIP OR PLACE OF ORGANIZATION United States of America |
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 5 |
SOLE VOTING POWER 0 |
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SHARED VOTING POWER 529,763 |
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SOLE DISPOSITIVE POWER 0 |
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SHARED DISPOSITIVE POWER 529,763 |
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 529,763 (See Item 2(a)) |
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5% |
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TYPE OF REPORTING PERSON IN |
ITEM 1(a). | NAME OF ISSUER: | |
AEHR Test Systems | ||
ITEM 1(b). | ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: | |
400 Kato Terrace Fremont, CA. 94539 |
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ITEM 2(a). | NAME OF PERSON FILING: | |
This statement is being filed by (i) PWA Real Estate, LLC ("PWA") with respect to the 211,000 Shares of the Issuer beneficially owned by it; (ii) Private Wealth Adv 401K PSP FBO John M. Schneider (the "401K Plan") with respect to the 318,763 shares of common stock, par value $0.01 per share (the "Shares") of the Issuer beneficially owned by it; and (iii) John M. Schneider with respect to the Shares beneficially owned by the 401K Plan and PWA. As the sole member of PWA and as sole beneficiary of the 401K Plan, John M. Schneider may be deemed the beneficial holder of the Shares held by PWA and the 401K Plan which, when added together, total 529,763 Shares representing 5.0% of the issued and outstanding Shares of the Issuer. Mr. Schneider disclaims beneficial ownership of the securities covered by this statement. | ||
ITEM 2(b). | ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE: | |
4900 Perry Highway, Ste. 300 Pittsburgh, PA 15229 |
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ITEM 2(c). | CITIZENSHIP: | |
PWA Real Estate, LLC - Pennsylvania Private Wealth Adv 401K PSP FBO John M. Schneider - United States of America John M. Schneider - United States of America |
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ITEM 2(d). | TITLE OF CLASS OF SECURITIES: | |
Common Stock, par value $0.01 per share | ||
ITEM 2(e). | CUSIP NUMBER: | |
00760J108 |
ITEM 3. | IF THIS STATEMENT IS FILED PURSUANT TO SECTION 240.13d-1(b), or 13d-2(b) or (c) CHECK WHETHER THE PERSON FILING IS A: | |
(a) | [ ] Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78c); | |
(b) | [ ] Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c); | |
(c) | [ ] Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c); | |
(d) | [ ] Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8); |
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(e) | [ ] An investment adviser in accordance with 240.13d-1(b)(1)(ii)(E); | |
(f) | [ ] An employee benefit plan or endowment fund in accordance with 240.13d-1(b)(1)(ii)(F); | |
(g) | [ ] A parent holding company or control person in accordance with 240.13d-1(b)(1)(ii)(G); | |
(h) | [ ] A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); |
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(i) | [ ] A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); | |
(j) | [ ] A non-U.S. institution in accordance with 240.13d-1(b)(1)(ii)(J); | |
(k) |
[ ] Group, in accordance with 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with 240.13d1(b)(1)(ii)(J), please specify the type of institution: |
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ITEM 4. | OWNERSHIP: | |
Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. | ||
(a) | Amount beneficially owned: | |
529,763 | ||
(b) | Percent of class: | |
5.0% (based on the shares of Common Stock outstanding as of March 31, 2013) | ||
(c) | Number of shares as to which the person has: | |
(i) Sole power to vote or to direct the vote: | ||
PWA Real Estate, LLC - 211,000 Private Wealth Adv 401K PSP FBO John M. Schneider - 318,763 |
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(ii) Shared power to vote or to direct the vote: | ||
John M. Schneider - 529,763 |
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(iii) Sole power to dispose or to direct the disposition of: | ||
PWA Real Estate, LLC - 211,000 Private Wealth Adv 401K PSP FBO John M. Schneider - 318,763 |
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(iv) Shared power to dispose or to direct the disposition of: | ||
John M. Schneider - 529,763 |
ITEM 5. | OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS: | |
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [ ]. | ||
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: | |
N/A | ||
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 not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. |
February 10, 2014 |
Date |
PWA Real Estate, LLC Private Wealth Adv 401K PSP FBO John M. Schneider |
/s/ John M. Schneider |
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Signature |
John M. Schneider, CEO and President |
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Name/Title |