0001040470-14-000099.txt : 20141208 0001040470-14-000099.hdr.sgml : 20141208 20141208161049 ACCESSION NUMBER: 0001040470-14-000099 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20141208 DATE AS OF CHANGE: 20141208 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 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-52329 FILM NUMBER: 141272651 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: PATEL MUKESH CENTRAL INDEX KEY: 0001008034 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G MAIL ADDRESS: STREET 1: INVATI CAPITAL LLC STREET 2: 1731 TECHNOLOGY DRIVE, STE. 595 CITY: SAN JOSE STATE: CA ZIP: 95110 SC 13G 1 e13g.txt SCHEDULE 13G UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 Aehr Test Systems ----------------------------------------------------------------------- (Name of Issuer) Common Stock ----------------------------------------------------------------------- (Title of Class of Securities) 00760J108 ----------------------------------------------------------------------- (CUSIP Number) November 26, 2014 ----------------------------------------------------------------------- (Date of Event which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: / / Rule 13d-1(b) /X/ Rule 13d-1(c) / / Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on 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). Schedule 13G Page 2 of 5 CUSIP No. 00760J108 --------- ----------------------------------------------------------------------- (1) Names of Reporting Persons. Mukesh Patel ----------------------------------------------------------------------- (2) Check the Appropriate Box if a Member of a Group (a) / / (b) / / ----------------------------------------------------------------------- (3) SEC Use Only ----------------------------------------------------------------------- (4) Citizenship or Place of Organization United States ----------------------------------------------------------------------- Number of (5) Sole Voting Power 644,673 Shares -------------------------------------------- Beneficially (6) Shared Voting Power 0 Owned by -------------------------------------------- Each (7) Sole Dispositive Power 644,673 Reporting -------------------------------------------- Person With (8) Shared Dispositive Power 0 ----------------------------------------------------------------------- (9) Aggregate Amount Beneficially Owned by Each Reporting Person 644,673 ----------------------------------------------------------------------- (10) Check if the Aggregate Amount in Row (9) Excludes Certain Shares ----------------------------------------------------------------------- (11) Percent of Class Represented by Amount in Row (9)5.0% ----------------------------------------------------------------------- (12) Type of Reporting Person (See Instructions) IN ----------------------------------------------------------------------- Schedule 13G Page 3 of 5 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: Mukesh Patel (b) Address of Principal Business Office or, if none, Residence: 8624 White Oak Ct, Pleasanton, CA 94588 (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 240.13d-1(b), or 240.13d-2(b) or (c), check whether the person filing is a: (a) / / Broker or Dealer registered under Section 15 of the Act (15 U.S.C. 78o). (b) / / Bank as defined in Section 3(a)(6) of the Act (15 U.S.C. 78c). (c) / / Insurance company as defined in Section 3(a)(19) of the Act (15 U.S.C. 78c). (d) / / Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8). (e) / / An investment adviser in accordance with Rule 240.13d- 1(b)(1)(ii)(E); (f) / / An employee benefit plan or endowment fund in accordance with Rule 240.13d-1(b)(1)(ii)(F); (g) / / A parent holding company or control person in accordance with Rule 240.13d-1(b)(1)(ii)(G); (h) / / A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i) / / A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3); (j) / / Group, in accordance with Rule 240.13d-1(b)(1)(ii)(J). Item 4. Ownership (a) Amount beneficially owned: 644,673 * (b) Percent of class: 5.0% (c) Number of shares as to which such person has: (i) Sole power to vote or to direct the vote 644,673 (ii) Shared power to vote or to direct the vote 0 Schedule 13G Page 4 of 5 (iii) Sole power to dispose or to direct the disposition of 644,673 (iv) Shared power to dispose or to direct the disposition of 0 *consists of (i) 23,929 shares held by Mukesh Patel, (ii) 455,676 shares held by The Patel Family Partners, LP and (iii) 5,000 shares held by Mukesh A Patel & Harsha M Patel TR The Patel Revocable TR U/A/D 6/6/2002((iv) 160,068 Options exercisable as of 60 days from December 8, 2014. 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 than 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 Item 10. Certifications Inapplicable Schedule 13G Page 5 of 5 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. December 8, 2014 ----------------------------- Date /S/ Mukesh Patel ----------------------------- Signature Mukesh Patel, Individual ----------------------------- Name/Title December 8, 2014 ----------------------------- Date /S/ Mukesh Patel ----------------------------- Signature The Patel Family Partners, LP ----------------------------- Mukesh Patel,General Partner December 8, 2014 ----------------------------- Date /S/ Mukesh Patel ----------------------------- Signature Mukesh A Patel & Harsha M Patel TR The Patel Revocable TR U/A/D 6/6/2002 ----------------------------- Mukesh Patel,Trustee