AEHR TEST SYSTEMS — Director's Dealing 2016

Aug 11, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AEHR TEST SYSTEMS (AEHR)
CIK: 0001040470
Period of Report: 2016-08-11

Reporting Person: SPINK KENNETH B. (VP OF FINANCE & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-08-11	Common Stock	M	1300	$1.25	Acquired	7300	Direct
2016-08-11	Common Stock	M	7500	$1.271	Acquired	14800	Direct
2016-08-11	Common Stock	M	9687	$1.28	Acquired	24487	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-08-11	Incentive Stock Option (right to buy)	$1.25	M	1300	Disposed	2018-07-08	Common Stock (1300)	Direct
2016-08-11	Incentive Stock Option (right to buy)	$1.271	M	7500	Disposed	2019-06-26	Common Stock (7500)	Direct
2016-08-11	Incentive Stock Option (right to buy)	$1.28	M	9687	Disposed	2020-06-25	Common Stock (9687)	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.