AEHR TEST SYSTEMS — Director's Dealing 2023

Apr 4, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AEHR TEST SYSTEMS (AEHR)
CIK: 0001040470
Period of Report: 2023-03-31

Reporting Person: SLAYEN HOWARD T (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-03-31	Common Stock	M	10000	$2.8100	Acquired	131274	Direct
2023-03-31	Common Stock	M	10000	$3.4600	Acquired	141274	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-03-31	Non-Qualified Stock Option (right to buy)	$2.81	M	10000	Disposed	2023-10-18	Common Stock (10000)	Direct
2023-03-31	Non-Qualified Stock Option (right to buy)	$3.4600	M	10000	Disposed	2024-10-26	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.