AEHR TEST SYSTEMS — Director's Dealing 2024

Feb 7, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AEHR TEST SYSTEMS (AEHR)
CIK: 0001040470
Period of Report: 2024-02-06

Reporting Person: POSEDEL RHEA J (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-02-06	Common Stock	M	18000	$3.93	Acquired	21970	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-02-06	Non-Qualified Option (right to buy)	$3.93	M	18000	Disposed	2024-07-11	Common Stock (18000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	478674	Indirect

Footnotes

F1: Mr. Rhea Posedel received a required minimum distribution from ESOP plan for CY 2023 of 433 shares on 12/07/2023. The closing price was $24.72 per share.

F2: The amount reported includes shares subject to unvested restricted stock units.

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.