RICHARDSON ELECTRONICS, LTD. — Director's Dealing 2006

Nov 17, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RICHARDSON ELECTRONICS LTD/DE (REL)
CIK: 0000355948
Period of Report: 2006-11-17

Reporting Person: Blaney Lawrence C (VP & General Manager)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-11-15	Common Stock $.05 par value	M	1000	$8.35	Acquired	2554	Direct
2006-11-15	Common Stock	S	1000	$9.99	Disposed	1554	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-11-15	Employee Stock Option (Right to Buy)	$8.35	M	1000	Disposed	2015-10-19	Common Stock (1000)	Direct

Footnotes

F1: Does not include 1,138 shares allocated to the account of the reporting person under the Richardson Electronics, Ltd. Stock Ownership Plan & Trust to which shares beneficially owned is disclaimed. Includes 84 common shares granted with a vesting on May 31, 2005 and shaers acquired through the Richardson Electronics, ltd. Employee Stock Purchase Plan, a 423 Stock Purchase Plan, on 6/2/06.

F2: Option vests 20% per year, beginning 10/19/06