AEHR TEST SYSTEMS — Director's Dealing 2019

Jan 22, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AEHR TEST SYSTEMS (AEHR)
CIK: 0001040470
Period of Report: 2019-01-18

Reporting Person: ROSATI MARIO M (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-01-18	Common Stock	M	30179	$0.75	Acquired	33880	Direct
2019-01-18	Common Stock	S	30179	$1.1298	Disposed	3701	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-01-18	Non-Qualified Stock Option (right to buy)	$0.75	M	30179	Disposed	2019-01-31	Common Stock (30179)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	151016	Indirect
Common Stock	23468	Indirect
Common Stock	22500	Indirect
Common Stock	27000	Indirect

Footnotes

F1: Shares held by Mario M. Rosati, Trustee of the Mario M. Rosati Trust U/D/T dated January 5, 1990.

F2: Shares held by Mario M. Rosati and Danelle Storm Rosati, Trustees of the Rosati Family Trust U/D/T dated May 23, 1997.

F3: Shares held by WS Investment Company, LLC (2001A), for which Mr. Rosati is a general partner.

F4: 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.