AEHR TEST SYSTEMS — Director's Dealing 2014

Feb 11, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AEHR TEST SYSTEMS (AEHR)
CIK: 0001040470
Period of Report: 2014-02-10

Reporting Person: BUCK CARL N (VP OF MARKETING)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-02-10	Common Stock	M	3000	$0.85	Acquired	73617	Direct
2014-02-10	Common Stock	S	3000	$2.37	Disposed	70617	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-02-10	Incentive Stock Option (right to buy)	$0.85	M	3000	Disposed	2014-06-30	Common Stock (3000)	Direct

Footnotes

F1: One twenty-fourth (1/24) of the total number of shares became exercisable on this date and an additional One twenty-fourth (1/24) of the total number of shares became exercisable each month thereafter.