0001085146-14-002377.txt : 20141124 0001085146-14-002377.hdr.sgml : 20141124 20141121202612 ACCESSION NUMBER: 0001085146-14-002377 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20141124 DATE AS OF CHANGE: 20141121 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: AEHR TEST SYSTEMS CENTRAL INDEX KEY: 0001040470 STANDARD INDUSTRIAL CLASSIFICATION: INSTRUMENTS FOR MEAS & TESTING OF ELECTRICITY & ELEC SIGNALS [3825] IRS NUMBER: 942424084 STATE OF INCORPORATION: CA FISCAL YEAR END: 0531 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-52329 FILM NUMBER: 141244284 BUSINESS ADDRESS: STREET 1: 400 KATO TERRACE CITY: FREMONT STATE: CA ZIP: 94539 BUSINESS PHONE: 5106239400 MAIL ADDRESS: STREET 1: 400 KATO TERRACE CITY: FREMONT STATE: CA ZIP: 94539 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Schneider John M. CENTRAL INDEX KEY: 0001625605 FILING VALUES: FORM TYPE: SC 13D MAIL ADDRESS: STREET 1: 905 BEAVER ST. CITY: SEWICKLEY STATE: PA ZIP: 15143 SC 13D 1 aehr_112014.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 (Amendment No. )* AEHR Test Systems (Name of Issuer) Common Stock (Title of Class of Securities) 00760J108 (CUSIP Number) Cara Sharbaugh, Private Wealth Advisors, Inc., 4900 Perry Highway, Suite 300, Pittsburgh, PA 15229 P: 412-931-2700 (Name, Address and Telephone Number of Person Authorized to Receieve Notices and Communications) November 05, 2014 (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. * The remainder of this cover page shall be filled out for a reporting persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be filed for the purposes of Section 18 of the Securities Exchange Act of 1934 (the 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 Instructions). CUSIP No.: 00760J108 1 NAME OF REPORTING PERSON: PWA Real Estate, LLC I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) 26-1277040 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)x (b) 3 SEC USE ONLY 4 SOURCE OF FUNDS: WC 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) 6 CITIZENSHIP OR PLACE OF ORGANIZATION Pennsylvania NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 363,500 8 SHARED VOTING POWER 0 9 SOLE DISPOSITIVE POWER 363,500 10 SHARED DISPOSITIVE POWER 0 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 363,500 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 3.16% 14 TYPE OF REPORTING PERSON OO CUSIP No.: 00760J108 1 NAME OF REPORTING PERSON: Private Wealth Adv 401K PSP FBO John M. Schneider I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)x (b) 3 SEC USE ONLY 4 SOURCE OF FUNDS:OO 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States of America NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 331,800 8 SHARED VOTING POWER 0 9 SOLE DISPOSITIVE POWER 331,800 10 SHARED DISPOSITIVE POWER 0 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 331,800 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 2.89% 14 TYPE OF REPORTING PERSON EP CUSIP No.: 00760J108 1 NAME OF REPORTING PERSON: John Schneider custodian FBO Alexandria Schneider UTMA PA until Age 21 I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)x (b) 3 SEC USE ONLY 4 SOURCE OF FUNDS:PF 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States of America NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 3,200 8 SHARED VOTING POWER 0 9 SOLE DISPOSITIVE POWER 3,200 10 SHARED DISPOSITIVE POWER 0 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,200 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)0.03% 14 TYPE OF REPORTING PERSON OO CUSIP No.: 00760J108 1 NAME OF REPORTING PERSON: John Schneider custodian FBO Helena Schneider UTMA PA until Age 21 I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)x (b) 3 SEC USE ONLY 4 SOURCE OF FUNDS:PF 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States of America NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 6,650 8 SHARED VOTING POWER 0 9 SOLE DISPOSITIVE POWER 6,650 10 SHARED DISPOSITIVE POWER 0 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 6,650 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)0.06% 14 TYPE OF REPORTING PERSON OO CUSIP No.: 00760J108 1 NAME OF REPORTING PERSON: John Schneider custodian FBO Beatrice Schneider UTMA PA until Age 21 I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)x (b) 3 SEC USE ONLY 4 SOURCE OF FUNDS:PF 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States of America NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 7,350 8 SHARED VOTING POWER 0 9 SOLE DISPOSITIVE POWER 7,350 10 SHARED DISPOSITIVE POWER 0 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 7,350 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)0.06% 14 TYPE OF REPORTING PERSON OO CUSIP No.: 00760J108 1 NAME OF REPORTING PERSON:John Schneider custodian FBO Ava Schneider UTMA PA until Age 21 I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)x (b) 3 SEC USE ONLY 4 SOURCE OF FUNDS:PF 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States of America NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 810 8 SHARED VOTING POWER 0 9 SOLE DISPOSITIVE POWER 810 10 SHARED DISPOSITIVE POWER 0 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 810 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)0.01% 14 TYPE OF REPORTING PERSON OO CUSIP No.: 00760J108 1 NAME OF REPORTING PERSON:Dharma Group Insurance Co. I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)46-4362294 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)x (b) 3 SEC USE ONLY 4 SOURCE OF FUNDS:WC 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) 6 CITIZENSHIP OR PLACE OF ORGANIZATION State of Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 99,500 8 SHARED VOTING POWER 0 9 SOLE DISPOSITIVE POWER 99,500 10 SHARED DISPOSITIVE POWER 0 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 99,500 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)0.87% 14 TYPE OF REPORTING PERSON OO CUSIP No.: 00760J108 1 NAME OF REPORTING PERSON:Carla Frank I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)x (b) 3 SEC USE ONLY 4 SOURCE OF FUNDS:PF 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States of America NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 14,860 8 SHARED VOTING POWER 0 9 SOLE DISPOSITIVE POWER 14,860 10 SHARED DISPOSITIVE POWER 0 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 14,860 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)0.13% 14 TYPE OF REPORTING PERSON IN CUSIP No.: 00760J108 1 NAME OF REPORTING PERSON:PWA Securities, Inc. I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)37-1537653 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)x (b) 3 SEC USE ONLY 4 SOURCE OF FUNDS:WC 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) 6 CITIZENSHIP OR PLACE OF ORGANIZATION Pennsylvania NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 28,000 8 SHARED VOTING POWER 0 9 SOLE DISPOSITIVE POWER 28,000 10 SHARED DISPOSITIVE POWER 0 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 28,000 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)0.24% 14 TYPE OF REPORTING PERSON BD CUSIP No.: 00760J108 1 NAME OF REPORTING PERSON:John M. Schneider I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)x (b) 3 SEC USE ONLY 4 SOURCE OF FUNDS:PF 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) 6 CITIZENSHIP OR PLACE OF ORGANIZATION United States of America NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 7 SOLE VOTING POWER 127,600 8 SHARED VOTING POWER 983,270 9 SOLE DISPOSITIVE POWER 127,600 10 SHARED DISPOSITIVE POWER 983,270 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 127,600 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)1.11% 14 TYPE OF REPORTING PERSON IN CUSIP No.: 00760J108 ITEM 1. SECURITY AND ISSUER: Common StockAEHR Test Systems400 Kato TerraceFremont, CA 94539 ITEM 2. IDENTITY AND BACKGROUND: (a). NAME OF PERSON FILING This statement is being filed by (i) PWA Real Estate, LLC ("PWARE") with respect to the 363,500 Shares of the Issuer beneficially owned by it; (ii) Private Wealth Adv 401K PSP FBO John M. Schneider the "401K Plan") with respect to the 331,800 Shares of the Issuer beneficially owned by it; (iii) John Schneider custodian FBO Alexandria Schneider UTMA PA until Age 21 (the "UTMA account for Alexandria") with respect to the 3,200 Shares of the Issuer beneficially owned by it; (iv) John Schneider custodian FBO Helena Schneider UTMA Pa until Age 21 (the "UTMA account for Helena") with respect to the 6,650 Shares of the Issuer beneficially owned by it; (v) John Schneider custodian FBO Beatrice Schneider UTMA Pa until Age 21 (the "UTMA account for Beatrice") with respect to the 7,350 Shares of the Issuer beneficially owned by it; (vi) John Schneider custodian FBO Ava Schneider UTMA PA until Age 21 (the "UTMA account for Ava" and together with the UTMA account for Alexandria, the UTMA account for Helena and the UTMA account for Beatrice, the "UTMA accounts") with respect to the 810 Shares of the Issuer beneficially owned by it; (vii) Dharma Group Insurance Co. ("Dharma") with respect to 99,500 Shares of the Issuer beneficially owned by it; (viii) Carla Frank (Frank) with respect to the 14,860 Shares of the Issuer beneficially owned by it; (ix) PWA Securities, Inc. (PWA Securities) with respect to the 28,000 Shares of the Issuer beneficially owned by it; and (x) John M. Schneider with respect to 127,600 Shares of the Issuer owned by him as well as the Shares beneficially owned by PWARE, the 401K Plan, the UTMA accounts, Dharma, Frank and PWA Securities. As the sole member of PWARE, the sole beneficiary of the 401K Plan, the custodian for the UTMA accounts, the sole owner of Dharma, the advisor to Frank and a fifty-percent owner with control over trading transactions of PWA Securities, John M. Schneider may be deemed the beneficial holder of the Shares held by PWARE, the 401K Plan, the UTMA accounts, Dharma, Frank and PWA Securities which, when added together, total 983,270 Shares representing 8.55% of the issued and outstanding Shares of the Issuer. (b). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE PWA Real Estate, LLC - 4900 Perry Highway, Ste. 300, Pittsburgh, PA 15229 Private Wealth Adv 401K PSP FBO John M. Schneider - 4900 Perry Highway, Ste. 300 Pittsburgh, PA 15229 John Schneider custodian FBO Alexandria Schneider UTMA PA until Age 21 - 905 Beaver Street, Sewickley, PA 15143 John Schneider custodian FBO Helena Schneider UTMA PA until Age 21 - 905 Beaver Street, Sewickley, PA 15143 John Schneider custodian FBO Beatrice Schneider UTMA PA until Age 21 - 905 Beaver Street, Sewickley, PA 15143 John Schneider custodian FBO Ava Schneider UTMA PA until Age 21 - 905 Beaver Street, Sewickley, PA 15143 Dharma Group Insurance Co. - 4900 Perry Highway, Ste. 300, Pittsburgh, PA 15229 Carla Frank - 1729 Holmes Drive, Sewickley, PA 15143 PWA Securities, Inc. - 4900 Perry Highway, Ste. 300, Pittsburgh, PA 15229 John M. Schneider - 905 Beaver Street, Sewickley, PA 15143 (c). PRESENT OR PRINCIPAL OCCUPATION OR EMPLOYMENT, OR PRINCIPAL BUSINESS PWA Real Estate, LLC - Principal business is real estate holdings. Private Wealth Adv 401K PSP FBO John M. Schneider - N/A John Schneider custodian FBO Alexandria Schneider UTMA PA until Age 21 - N/A John Schneider custodian FBO Helena Schneider UTMA PA until Age 21 - N/A John Schneider custodian FBO Beatrice Schneider UTMA PA until Age 21 - N/A John Schneider custodian FBO Ava Schneider UTMA PA until Age 21 - N/A Dharma Group Insurance Co. - Principal business is insurance. Carla Frank - N/APWA Securities, Inc. - Principal business is providing broker- dealer services. John M. Schneider - Principal employment is Financial Advisor. Private Wealth Advisors, Inc.4900 Perry Highway, Suite 300 Pittsburgh, PA 15229 (d). CONVICTION OF CRIMINAL PROCEEDINGS - N/A (e). CIVIL PROCEEDINGS - N/A (f). CITIZENSHIP PWA Real Estate, LLC - Pennsylvania Private Wealth Adv 401K PSP FBO John M. Schneider - United States of America John Schneider custodian FBO Alexandria Schneider UTMA PA until Age 21 - United States of America John Schneider custodian FBO Helena Schneider UTMA PA until Age 21 - United States of America John Schneider custodian FBO Beatrice Schneider UTMA PA until Age 21 - United States of America John Schneider custodian FBO Ava Schneider UTMA PA until Age 21 - United States of America Dharma Group Insurance Co. - Delaware Carla Frank - United States of America PWA Securities, Inc. - Pennsylvania John M. Schneider - United States of America ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION: PWA Real Estate, LLC - Income from operations and a total amount of funds used in making the purchases of $679,890.24. Private Wealth Adv 401K PSP FBO John M. Schneider - Readily available assets in the plan and a total amount of funds used in making the purchases of $510,215.46 John Schneider custodian FBO Alexandria Schneider UTMA PA until Age 21 - Income from employment and a total amount of funds used in making the purchases of $8,480.80. John Schneider custodian FBO Helena Schneider UTMA PA until Age 21 - Income from employment and a total amount of funds used in making the purchases of $17,488.13. John Schneider custodian FBO Beatrice Schneider UTMA PA until Age 21 - Income from employment and a total amount of funds used in making the purchases of $19,798.73. John Schneider custodian FBO Ava Schneider UTMA PA until Age 21 - Income from employment and a total amount of funds used in making the purchases of $1,987.50 Dharma Group Insurance Co. - Income from operations and a total amount of funds used in making the purchases of $255,884.11. Carla Frank - Personal funds and a total amount of funds used in making the purchases of $43,736.98. PWA Securities, Inc. - Income from operations and a total amount of funds used in making the purchases of $81,741.78. John M. Schneider - Income from employment and a total amount of funds used in making the purchases of $345,256.28. ITEM 4. PURPOSE OF TRANSACTION: (a) John Schneider, the reporting person, plans to acquire additional securities of the Issuer in the future. (d) John Schneider, the reporting person, has provided a proposal to become a member of the board of directors of the Issuer; however, Mr. Schneider does not plan to change the board of directors of the Issuer. If Mr. Schneider becomes a member of the board of directors, Mr. Schneider intends to provide independent guidance to the board of directors of the Issuer. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER: Provide the following information regarding the aggregate number and percentage of the class of securities of the Issuer identified in Item 1. (a) Amount beneficially owned: 983,270 Percent of class:8.55% (based on the shares of Common Stock outstanding as of September 30, 2014) (b) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: PWA Real Estate, LLC - 363,500 Private Wealth Adv 401K PSP FBO John M. Schneider - 331,800 John Schneider custodian FBO Alexandria Schneider UTMA PA until Age 21 - 3,200 John Schneider custodian FBO Helena Schneider UTMA Pa until Age 21 - 6,650 John Schneider custodian FBO Beatrice Schneider UTMA PA until Age 21 - 7,350 John Schneider custodian FBO Ava Schneider UTMA PA until Age 21 - 810 Dharma Group Insurance Co. - 99,500 Carla Frank - 14,860 PWA Securities, Inc. - 28,000 John M. Schneider - 127,600 (ii) Shared power to vote or to direct the vote: John M. Schneider - 983,270 (iii) Sole power to dispose or to direct the disposition of: PWA Real Estate, LLC - 363,500 Private Wealth Adv 401K PSP FBO John M. Schneider - 331,800 John Schneider custodian FBO Alexandria Schneider UTMA PA until Age 21 - 3,200 John Schneider custodian FBO Helena Schneider UTMA Pa until Age 21 - 6,650 John Schneider custodian FBO Beatrice Schneider UTMA PA until Age 21 - 7,350 John Schneider custodian FBO Ava Schneider UTMA PA until Age 21 - 810 Dharma Group Insurance Co. - 99,500 Carla Frank - 14,860 PWA Securities, Inc. - 28,000 John M. Schneider 127,600 (iv) Shared power to dispose or to direct the disposition of: John M. Schneider - 983,270 (c) Description of transactions: The following purchases were effected in the past 60 days: Please See Attached Exhibit A( d) N/A (e) N/A ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER: 1. Non-Disclosure Agreement between John Schneider and AEHR Test Systems, a California corporation, dated November 5, 2014. ITEM 7. MATERIALS TO BE FILES AS EXHIBITS: Please See Attached Exhibit B 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. November 20, 2014 ________________________________________ Date PWA Real Estate, LLC ________________________________________ /s/ John M. Schneider ________________________________________ By John M. Schneider ________________________________________ Name President ________________________________________ Title November 20, 2014 ________________________________________ Date Private Wealth Adv 401K PSP FBO John M. Schneider ________________________________________ /s/ John M. Schnedier ________________________________________ By John M. Schneider ________________________________________ Name Owner ________________________________________ Title November 20, 2014 ________________________________________ Date John Schneider custodian FBO Alexandria Schneider UTMA PA until Age 21 ________________________________________ /s/ John M. Schneider ________________________________________ By John M. Schneider ________________________________________ Name custodian ________________________________________ Title November 20, 2014 ________________________________________ Date John Schneider custodian FBO Helena Schneider UTMA PA until Age 21 ________________________________________ /s/ John M. Schneider ________________________________________ By John M. Schneider ________________________________________ Name custodian ________________________________________ Title November 20, 2014 ________________________________________ Date John Schneider custodian FBO Beatrice Schneider UTMA PA until Age 21 ________________________________________ /s/ John M. Schneider ________________________________________ By John M. Schneider ________________________________________ Name custodian ________________________________________ Title November 20, 2014 ________________________________________ Date John Schneider custodian FBO Ava Schneider UTMA PA until Age 21 ________________________________________ /s/ John M. Schneider ________________________________________ By John M. Schneider ________________________________________ Name custodian ________________________________________ Title November 20, 2014 ________________________________________ Date Dharma Group Insurance Co. ________________________________________ /s/ John M. Schneider ________________________________________ By John M. Schneider ________________________________________ Name President ________________________________________ Title November 20, 2014 ________________________________________ Date Carla Frank ________________________________________ /s/ John M. Schneider ________________________________________ By John M. Schneider ________________________________________ Name Advisor ________________________________________ Title November 20, 2014 ________________________________________ Date PWA Securities, Inc. ________________________________________ /s/ John M. Schneider ________________________________________ By John M. Schneider ________________________________________ Name President ________________________________________ Title November 20, 2014 ________________________________________ Date PWA Real Estate, LLC ________________________________________ /s/ John M. Schneider ________________________________________ By John M. Schneider ________________________________________ Name President ________________________________________ Title Intentional misstatements or omissions of fact constitute Federal criminal violations (See 18 U.S.C. 1001). CUSIP No.: 00760J108 EXHIBIT A PWA Real Estate, LLC 9/29/2014: 11,700 9/30/2014: 8,800 10/23/2014: 5,000 10/31/2013: 3,000 11/04/2014: 10,500 John M. Schneider 9/29/2014: 4,000 10/20/2014: 5,000 10/21/2014: 5,000 10/22/2014: 5,500 10/23/2014: 5,000 Dharma Group Insurance Co. 10/24/2014: 42,200 10/27/2014: 44,300 10/28/2014: 10,000 10/30/2014: 3,000 Private Wealth Adv 401K PSP FBO John M. Schneider 10/31/2013: 8,050 EXHIBIT B In accordance with the requirements of Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, and subject to the limitations set forth therein, the parties set forth below agree to jointly file the Schedule 13D to which this joint filing agreement is attached, and have duly executed this joint filing agreement as of the date set forth below. Dated: November 20th, 2014 PWA REAL ESTATE, LLC By: /s/ John M. Schneider Name: John M. Schneider Title: President PRIVATE WEALTH ADV 401K PSP FBO JOHN M. SCHNEIDER By: /s/ John M. Schneider Name: John M. Schneider Title: Owner JOHN SCHNEIDER CUSTODIAN FBO ALEXANDRIA SCHNEIDER UTMA PA UNTIL AGE 21 By: /s/ John M. Schneider Name: John M. Schneider Title: custodian JOHN SCHNEIDER CUSTODIAN FBO HELENA SCHNEIDER UTMA PA UNTIL AGE 21 By: /s/ John M. Schneider Name: John M. Schneider Title: custodian JOHN SCHNEIDER CUSTODIAN FBO BEATRICE SCHNEIDER UTMA PA UNTIL AGE 21 By: /s/ John M. Schneider Name: John M. Schneider Title: custodian JOHN SCHNEIDER CUSTODIAN FBO AVA SCHNEIDER UTMA PA UNTIL AGE 21 By: /s/ John M. Schneider Name: John M. Schneider Title: custodian DHARMA GROUP INSURANCE CO. By: /s/ John M. Schneider Name: John M. Schneider Title: President CARLA FRANK By: /s/ John M. Schneider Name: John M. Schneider Title: Advisor PWA SECURITIES, INC. By: /s/ John M. Schneider Name: John M. Schneider Title: President /s/ John M. Schneider