AEHR TEST SYSTEMS — Director's Dealing 2022

Jul 5, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AEHR TEST SYSTEMS (AEHR)
CIK: 0001040470
Period of Report: 2022-07-01

Reporting Person: Erickson Gayn (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-07-01	Common Stock	M	27610	$1.6800	Acquired	535153	Direct
2022-07-01	Common Stock	M	28726	$1.6350	Acquired	563879	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-07-01	Incentive Stock Option (right to buy)	$1.6350	M	28726	Disposed	2026-07-16	Common Stock (28726)	Direct
2022-07-01	Incentive Stock Option (right to buy)	$1.6800	M	27610	Disposed	2023-07-25	Common Stock (27610)	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.