AEHR TEST SYSTEMS — Director's Dealing 2014

Jan 31, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AEHR TEST SYSTEMS (AEHR)
CIK: 0001040470
Period of Report: 2014-01-30

Reporting Person: ROSATI MARIO M (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-01-30	Common Stock	M	3750	$1.29	Acquired	3750	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-01-30	Non-Qualified Stock Option (right to buy)	$1.29	M	3750	Disposed	2014-02-11	Common Stock (3750)	Direct

Footnotes

F1: One ninth (1/9) of the total number of shares became exercisable on this date and an additional one ninth (1/9) of the total number of shares became exercisable each month thereafter.