AEHR TEST SYSTEMS — Director's Dealing 2015

Jun 2, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AEHR TEST SYSTEMS (AEHR)
CIK: 0001040470
Period of Report: 2015-06-01

Reporting Person: SLAYEN HOWARD T (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-06-01	Common Stock	M	10000	$1.32	Acquired	95481	Direct
2015-06-01	Common Stock	M	10000	$0.89	Acquired	105481	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-06-01	Non-Qualified Stock Option (right to buy)	$0.89	M	10000	Disposed	2018-10-25	Common Stock (10000)	Direct
2015-06-01	Non-Qualified Stock Option (right to buy)	$1.32	M	10000	Disposed	2015-10-27	Common Stock (10000)	Direct

Footnotes

F1: 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.