AEHR TEST SYSTEMS — Director's Dealing 2017

Oct 6, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AEHR TEST SYSTEMS (AEHR)
CIK: 0001040470
Period of Report: 2017-10-05

Reporting Person: BUCK CARL N (VP OF MARKETING)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-10-05	Common Stock	M	2500	$1.25	Acquired	97618	Indirect
2017-10-05	Common Stock	S	2500	$3.707	Disposed	95118	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-10-05	Incentive Stock Option (right to buy)	$1.25	M	2500	Disposed	2018-07-08	Common Stock (2500)	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.