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AEHR TEST SYSTEMS Director's Dealing 2015

May 11, 2015

32300_dirs_2015-05-11_bfb55e01-03c2-4681-a70e-230d665ba6ad.zip

Director's Dealing

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SEC Form 4/A — Form 4/A

Issuer: AEHR TEST SYSTEMS (AEHR)
CIK: 0001040470
Period of Report: 2015-05-05

Reporting Person: BUCK CARL N (VP OF MARKETING)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2015-05-05 Common Stock M 1655 $1.95 Acquired 95098 Direct
2015-05-05 Common Stock S 1000 $2.53 Disposed 94098 Direct
2015-05-05 Common Stock S 200 $2.55 Disposed 93898 Direct
2015-05-05 Common Stock S 455 $2.59 Disposed 93443 Direct
2015-05-06 Common Stock M 7458 $1.95 Acquired 100901 Direct
2015-05-06 Common Stock S 1958 $2.53 Disposed 98943 Direct
2015-05-06 Common Stock S 500 $2.55 Disposed 98443 Direct
2015-05-06 Common Stock S 5000 $2.49 Disposed 93443 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2015-05-05 Incentive Stock Option (right to buy) $1.95 M 1655 Disposed 2015-06-29 Common Stock (1655) Direct
2015-05-06 Incentive Stock Option (right to buy) $1.95 M 7458 Disposed 2015-06-29 Common Stock (7458) Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 4113 Indirect

Footnotes

F1: This amendment is being filed as the form 4 filed on 5/6/15 incorrectly stated the number of options exercised by the reporting person on May 5, 2015 and May 6, 2015, the number of shares sold by the reporting person on May 5, 2015 and May 6, 2015, and the form of ownership of those shares.

F2: Shares held directly by the Carl Buck Living Trust for which the reporting person serves as Trustee.

F3: 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.