AEHR TEST SYSTEMS — Director's Dealing 2019

Apr 25, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AEHR TEST SYSTEMS (AEHR)
CIK: 0001040470
Period of Report: 2019-04-23

Reporting Person: BUCK CARL N (Former VP of Marketing)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-04-23	Common Stock	M	200	$1.271	Acquired	200	Direct
2019-04-23	Common Stock	S	200	$1.69	Disposed	0	Direct
2019-04-24	Common Stock	M	1	$1.271	Acquired	1	Direct
2019-04-24	Common Stock	S	1	$1.69	Disposed	0	Direct
2019-04-25	Common Stock	M	1	$1.271	Acquired	1	Direct
2019-04-25	Common Stock	S	1	$1.69	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-04-23	Incentive Stock Option (right to buy)	$1.271	M	200	Disposed	2019-06-26	Common Stock (200)	Direct
2019-04-24	Incentive Stock Option (right to buy)	$1.271	M	1	Disposed	2019-06-26	Common Stock (1)	Direct
2019-04-25	Incentive Stock Option (right to buy)	$1.271	M	1	Disposed	2019-06-26	Common Stock (1)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	99602	Indirect

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.