AEHR TEST SYSTEMS — Director's Dealing 2015

May 5, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AEHR TEST SYSTEMS (AEHR)
CIK: 0001040470
Period of Report: 2015-05-04

Reporting Person: Schneider John M. (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-05-04	Common Stock	P	694	$2.57	Acquired	389194	Indirect
2015-05-04	Common Stock	P	7500	$2.58	Acquired	396694	Indirect
2015-05-04	Common Stock	P	1653	$2.59	Acquired	398347	Indirect
2015-05-04	Common Stock	P	153	$2.6	Acquired	398500	Indirect
2015-05-04	Common Stock	P	575	$2.5999	Acquired	7925	Indirect
2015-05-04	Common Stock	P	575	$2.6	Acquired	7225	Indirect
2015-05-04	Common Stock	P	575	$2.599	Acquired	3775	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	127600	Direct
Common Stock	331800	Indirect
Common Stock	305176	Indirect
Common Stock	28000	Indirect
Common Stock	14860	Indirect
Common Stock	810	Indirect

Footnotes

F1: Shares held by PWA Real Estate, LLC for which the Reporting Person is an affiliate.

F2: Shares held by custodial account for the benefit of Beatrice Schneider for which the Reporting Person is the custodian.

F3: Shares held by custodial account for the benefit of Helena Schneider for which the Reporting Person is the custodian.

F4: Shares held by custodial account for the benefit of Alexandria Schneider for which the Reporting Person is the custodian.

F5: Shares held by Private Wealth Adv 401K PSP for which the Reporting Person is the owner.

F6: Shares held by Dharma Group Insurance Co for which the Reporting Person is an affiliate.

F7: Shares held by PWA Securities, Inc. for which the Reporting Person is an affiliate.

F8: Shares held by Carla Frank for which the Reporting Person is an advisor.

F9: Shares held by custodial account for the benefit of Ava Schneider for which the Reporting Person is the custodian.