AEHR TEST SYSTEMS — Director's Dealing 2022

Sep 21, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AEHR TEST SYSTEMS (AEHR)
CIK: 0001040470
Period of Report: 2022-09-20

Reporting Person: RICHMOND DONALD P. II (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-09-20	Common Stock	M	10000	$1.68	Acquired	139153	Direct
2022-09-20	Common Stock	M	6000	$3.93	Acquired	145153	Direct
2022-09-20	Common Stock	M	34000	$2.42	Acquired	179153	Direct
2022-09-20	Common Stock	M	34000	$2.4	Acquired	213153	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-09-20	Incentive Stock Option (right to buy)	$1.68	M	10000	Disposed	2023-07-25	Common Stock (10000)	Direct
2022-09-20	Incentive Stock Option (right to buy)	$2.4	M	34000	Disposed	2025-08-17	Common Stock (34000)	Direct
2022-09-20	Incentive Stock Option (right to buy)	$2.42	M	34000	Disposed	2025-03-25	Common Stock (34000)	Direct
2022-09-20	Incentive Stock Option (right to buy)	$3.93	M	6000	Disposed	2024-07-11	Common Stock (6000)	Direct

Footnotes

F1: The amount reported includes shares subject to unvested restricted stock units.

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.