AEHR TEST SYSTEMS — Director's Dealing 2017

Aug 4, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AEHR TEST SYSTEMS (AEHR)
CIK: 0001040470
Period of Report: 2017-08-03

Reporting Person: ANDERSON ROBERT R (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-08-03	Common Stock	M	24960	$2.063	Acquired	734639	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-08-03	Non-Qualified Stock Option (right to buy)	$2.063	M	7500	Disposed	2021-10-21	Common Stock (7500)	Direct
2017-08-03	Non-Qualified Stock Option (right to buy)	$2.063	M	17460	Disposed	2021-10-21	Common Stock (17460)	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.

F2: One sixth (1/6) of the total number of shares became exercisable on this date and an additional one sixth (1/6) of the total number of shares became exercisable each month thereafter.