AEHR TEST SYSTEMS — Director's Dealing 2018

Jul 19, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AEHR TEST SYSTEMS (AEHR)
CIK: 0001040470
Period of Report: 2018-07-17

Reporting Person: HENDRICKSON DAVID S (Chief Technology Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-07-17	Common Stock	M	5100	$1.28	Acquired	25451	Direct
2018-07-17	Common Stock	S	100	$2.74	Disposed	25351	Direct
2018-07-17	Common Stock	S	5000	$2.67	Disposed	20351	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-07-17	Incentive Stock Option (right to buy)	$1.28	M	5100	Disposed	2020-06-25	Common Stock (5100)	Direct

Footnotes

F1: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 9, 2016, as amended on October 3, 2017.

F2: 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.