AEHR TEST SYSTEMS — Director's Dealing 2023

Jul 17, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AEHR TEST SYSTEMS (AEHR)
CIK: 0001040470
Period of Report: 2023-07-14

Reporting Person: SLAYEN HOWARD T (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-07-14	Common Stock	M	10000	$2.0300	Acquired	156004	Direct
2023-07-14	Common Stock	M	10000	$1.7700	Acquired	166004	Direct
2023-07-14	Common Stock	M	16160	$1.6400	Acquired	182164	Direct
2023-07-14	Common Stock	M	14711	$1.8600	Acquired	196875	Direct
2023-07-14	Common Stock	M	10000	$1.3400	Acquired	206875	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-07-14	Non-Qualified Stock Option (right to buy)	$1.3400	M	10000	Disposed	2027-10-20	Common Stock (10000)	Direct
2023-07-14	Non-Qualified Stock Option (right to buy)	$1.6400	M	16160	Disposed	2027-04-21	Common Stock (16160)	Direct
2023-07-14	Non-Qualified Stock Option (right to buy)	$1.7700	M	10000	Disposed	2026-10-22	Common Stock (10000)	Direct
2023-07-14	Non-Qualified Stock Option (right to buy)	$1.8600	M	14711	Disposed	2027-07-14	Common Stock (14711)	Direct
2023-07-14	Non-Qualified Stock Option (right to buy)	$2.0300	M	10000	Disposed	2025-11-23	Common Stock (10000)	Direct

Footnotes

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

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.

F3: Total number of shares became exercisable on this date.