AEHR TEST SYSTEMS — Director's Dealing 2010

Apr 30, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AEHR TEST SYSTEMS (AEHR)
CIK: 0001040470
Period of Report: 2010-04-30

Reporting Person: BUCK CARL N (VP, MARKETING AND CONTACTOR BU)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-04-30	Common Stock	M	500	$2.88	Acquired	40117	Direct
2010-04-30	Common Stock	S	500	$3.03	Disposed	39617	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-04-30	Incentive Stock Option (right to buy)	$2.88	M	500	Disposed	2010-06-26	Common Stock (500)	Direct

Footnotes

F1: One forty-eighth (1/48) of the total number of shares became exercisable on this date and an additional one forty-eighth (1/48) of the total number of shares became exercisable each month thereafter.