AEHR TEST SYSTEMS — Director's Dealing 2023

Feb 28, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AEHR TEST SYSTEMS (AEHR)
CIK: 0001040470
Period of Report: 2023-02-27

Reporting Person: HENDRICKSON DAVID S (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-02-27	Common Stock	M	20000	$1.635	Acquired	119652	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-02-27	Incentive Stock Option (right to buy)	$1.6350	M	20000	Disposed	2026-07-16	Common Stock (20000)	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.