AEHR TEST SYSTEMS — Director's Dealing 2014

Aug 21, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AEHR TEST SYSTEMS (AEHR)
CIK: 0001040470
Period of Report: 2014-08-20

Reporting Person: Erickson Gayn (Director, President & C.E.O)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-08-20	Incentive Stock Option (right to buy)	$2.71	A	62310	Acquired	2021-08-20	Common Stock (62310)	Direct
2014-08-20	Non-Qualified Stock Option (right to buy)	$2.71	A	37690	Acquired	2021-08-20	Common Stock (37690)	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.