AEHR TEST SYSTEMS — Director's Dealing 2018

Aug 16, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AEHR TEST SYSTEMS (AEHR)
CIK: 0001040470
Period of Report: 2018-08-15

Reporting Person: SLAYEN HOWARD T (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-08-15	Common Stock	M	10000	$0.97	Acquired	208395	Direct
2018-08-15	Common Stock	M	15076	$1.77	Acquired	223471	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-08-15	Non-Qualified Stock Option (right to buy)	$0.97	M	10000	Disposed	2020-01-22	Common Stock (10000)	Direct
2018-08-15	Non-Qualified Stock Option (right to buy)	$1.77	M	15076	Disposed	2020-07-17	Common Stock (15076)	Direct

Footnotes

F1: 2,500 shares became exercisable on this date and an additional one ninth (1/9) of 7,500 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.