Form Type: 4

SEC EDGAR Link
Accession Number:0001040470-14-000053
Date:2014-07-31
Issuer: AEHR TEST SYSTEMS (AEHR)
Original Submission Date:

Reporting Person:

ELDER WILLIAM W R
AEHR TEST SYSTEMS
400 KATO TERRACE FREMONT, CA 94539

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2014-07-31 M 1,300 a $0.75 106,300 direct
COMMON STOCK 2014-07-31 S 1,300 d $2.76 105,000 direct
COMMON STOCK 2014-08-01 M 200 a $0.75 105,200 direct
COMMON STOCK 2014-08-01 S 200 d $2.76 105,000 direct
COMMON STOCK 2014-07-31 0 $0.00 3,000 indirect
COMMON STOCK 2014-07-31 0 $0.00 1,800 indirect
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
NON-QUALIFIED STOCK OPTION (RIGHT TO BUY) 0.75 2014-07-31 deemed execution date M 1,300 (d) 2012-02-29 2019-01-31 common stock 1,300 $0.75 18,913 direct
NON-QUALIFIED STOCK OPTION (RIGHT TO BUY) 0.75 2014-08-01 deemed execution date M 200 (d) 2012-02-29 2019-01-31 common stock 200 $0.75 18,713 direct
Footnotes
IDfootnote
f1 one sixth (1/6) of the total number of shares became exercisable on this date and an additional one sixth (1/6) of the total number of shares became exercisable each month thereafter.
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