AEHR TEST SYSTEMS — Director's Dealing 2023

Jul 13, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AEHR TEST SYSTEMS (AEHR)
CIK: 0001040470
Period of Report: 2023-07-11

Reporting Person: Erickson Gayn (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-07-11	Common Stock	A	31250	$0.0000	Acquired	596822	Direct
2023-07-11	Common Stock	F	3954	$38.7100	Disposed	592868	Direct
2023-07-11	Common Stock	A	10000	$0.0000	Acquired	602868	Direct
2023-07-11	Common Stock	F	1215	$38.7100	Disposed	601653	Direct

Footnotes

F1: 25% of shares subject to the restricted stock unit awards shall vest immediately and the remaining 75% of shares will vest quarterly over the remaining 3 years.

F2: Represents shares that were withheld to satisfy tax withholding obligations upon vesting of restricted stock units. This does not represent a sale by the Reporting Person.

F3: 25% of shares subject to the restricted shares awards shall vest immediately and the remaining 75% of shares will vest quarterly over the remaining 3 years.

F4: Represents shares that were withheld to satisfy tax withholding obligations upon vesting of restricted shares. This does not represent a sale by the Reporting Person.

F5: The amount reported includes shares subject to unvested restricted stock units and unvested restricted shares.