AEHR TEST SYSTEMS — Director's Dealing 2022

Jan 11, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AEHR TEST SYSTEMS (AEHR)
CIK: 0001040470
Period of Report: 2022-01-11

Reporting Person: SLAYEN HOWARD T (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-01-11	Common Stock	M	17247	$2.1000	Acquired	210762	Direct
2022-01-11	Common Stock	M	10000	$2.1700	Acquired	220762	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-01-11	Non-Qualified Stock Option (right to buy)	$2.1000	M	17247	Disposed	2022-04-21	Common Stock (17247)	Direct
2022-01-11	Non-Qualified Stock Option (right to buy)	$2.1700	M	10000	Disposed	2022-10-20	Common Stock (10000)	Direct

Footnotes

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

F2: 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.

F3: 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.