AEHR TEST SYSTEMS — Director's Dealing 2020

Oct 21, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AEHR TEST SYSTEMS (AEHR)
CIK: 0001040470
Period of Report: 2020-10-20

Reporting Person: SCOTT GEOFFREY GATES (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-10-20	Common Stock	A	10448	—	Acquired	348816	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-10-20	Non-Qualified Stock Option (right to buy)	$1.34	A	10000	Acquired	2027-10-20	Common Stock (10000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	270000	Indirect
Common Stock	50000	Indirect

Footnotes

F1: RSU shares issued in lieu of cash for BOD fee.

F2: 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.