UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 2)*
Aehr Test Systems
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
00760J108
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(CUSIP Number)
*The remainder of this cover page shall be filled out for a reporting
person's initial filing of this form with respect to the subject class of
securities, and for any subsequent amendment containing information which
would alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section
of the Act but shall be subject to all other provisions of the Act (however,
see the Notes).
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CUSIP No. 00760J108 13G Page 2 of 5 Pages
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(1) NAME OF REPORTING PERSON Rhea J. Posedel
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
###-##-####
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(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / / Not applicable.
(b) / /
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(3) SEC USE ONLY
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(4) CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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NUMBER OF (5) SOLE VOTING POWER
SHARES 970,763
BENEFICIALLY ---------------------------------------------
OWNED BY EACH (6) SHARED VOTING POWER
REPORTING 0
PERSON WITH ---------------------------------------------
(7) SOLE DISPOSITIVE POWER
970,763
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(8) SHARED DISPOSITIVE POWER
0
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(9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
970,763
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(10) CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
SHARES* / /
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(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
14.3%
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(12) TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTION BEFORE FILLING OUT
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CUSIP No. 00760J108 13G Page 3 of 5 Pages
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ITEM 1.
(a) Name of Issuer
Aehr Test Systems
(b) Address of Issuer's Principal Executive Offices
400 Kato Terrace, Fremont, CA 94539
ITEM 2.
(a) Name of Person Filing
Rhea J. Posedel
(b) Address of Principal Business Office or, if none, Residence
400 Kato Terrace, Fremont, CA 94539
(c) Citizenship
United States
(d) Title of Class of Securities
Common Stock
(e) CUSIP Number
00760J108
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULE 13D-1(B), OR 13D-2(B),
CHECK WHETHER THE PERSON IS A:
(a) / / Broker or Dealer registered under Section 15 of the Act
(b) / / Bank as defined in section 3(a)(6) of the Act
(c) / / Insurance Company as defined in section 3(a)(19) of the Act
(d) / / Investment Company registered under section 8 of the
Investment Company Act
(e) / / Investment Adviser registered under section 203 of the
Investment Advisers Act of 1940
(f) / / Employee Benefit Plan, Pension Fund which is subject to the
provisions of the Employee Retirement Income Security Act of 1974
or Endowment Fund, see ?240.13d-1(b)(1)(ii)(F)
(g) / / Parent Holding Company, in accordance with ?240.13d-1(b)(ii)(G)
(Note: See Item 7)
(h) / / Group, in accordance with ?240.13d-1(b)(1)(ii)(H)
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CUSIP No. 00760J108 13G Page 4 of 5 Pages
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ITEM 4. OWNERSHIP
(a) Amount Beneficially Owned
*970,763
(b) Percent of Class
14.3%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote:
970,763
(ii) shared power to vote or to direct the vote:
0
(iii) sole power to dispose or direct the disposition of:
970,763
(iv) shared power to dispose or direct the disposition of:
0
*consists of (i) 881,181 shares held by Rhea Posedel, (ii) 5,000 shares held
by Rhea Posedel as custodian for minor Natalie Diane Posedel and (iii) 84,582
Options exercisable as of 60 days from December 31, 1999.
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS
If this statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner of more
that five percent of the class of securities, check the following. / /
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.
Inapplicable
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED
THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY.
Inapplicable
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
Inapplicable
ITEM 9. NOTICE OF DISSOLUTION OF GROUP
Inapplicable
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CUSIP No. 00760J108 13G Page 5 of 5 Pages
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ITEM 10.
By signing below I certify that, to the best of my knowledge and belief,
the securities referred to above were acquired in the ordinary course of
business and were not acquired for the purpose of and do not have the effect
of changing or influencing the control of the issuer of such securities and
were not acquired in connection with or as a participant in any transaction
having such purposes or effect.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete
and correct.
February 9, 2000
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Date
/S/ RHEA J. POSEDEL
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Signature
Rhea J. Posedel, Individually
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Name/Title
