AEHR TEST SYSTEMS — Director's Dealing 2013

Jul 24, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AEHR TEST SYSTEMS (AEHR)
CIK: 0001040470
Period of Report: 2013-07-24

Reporting Person: ANDERSON ROBERT R (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-07-24	Common Stock	M	6252	$0.75	Acquired	180924	Direct
2013-07-24	Common Stock	M	30000	$0.8	Acquired	210924	Direct
2013-07-24	Common Stock	M	3334	$0.89	Acquired	214258	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-07-24	Non-Qualified Stock Option (right to buy)	$0.75	M	6252	Disposed	2019-01-31	Common Stock (6252)	Direct
2013-07-24	Non-Qualified Stock Option (right to buy)	$0.8	M	30000	Disposed	2019-11-28	Common Stock (30000)	Direct
2013-07-24	Non-Qualified Stock Option (right to buy)	$0.89	M	3334	Disposed	2018-10-25	Common Stock (3334)	Direct

Footnotes

F1: One sixth (1/6) of the total number of shares became exercisable on this date and an additional one sixth (1/6) of the total number of shares became exercisable each month thereafter.

F2: One twelfth (1/12) of the total number of shares became exercisable on this date and an additional one twelfth (1/12) of the total number of shares became exercisable each month thereafter.