RICHARDSON ELECTRONICS, LTD. — Director's Dealing 2006

Oct 26, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RICHARDSON ELECTRONICS LTD/DE (REL)
CIK: 0000355948
Period of Report: 2006-10-25

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2006-10-25	Common Stock $.05 par value	M	400	$6.75	Acquired	1954	Direct
2006-10-25	Common Stock $.05 par value	S	400	$9.37	Disposed	1554	Direct
2006-10-25	Common Stock $.05 par value	M	2400	$7.06	Acquired	3954	Direct
2006-10-25	Common Stock $.05 par value	S	2400	$9.38	Disposed	1554	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-10-25	Stock Option (Right to Buy)	$6.75	M	400	Disposed	2009-10-27	Common Stock (400)	Direct
2006-10-25	Stock Option (Right to Buy)	$7.06	M	2400	Disposed	2011-09-21	Common Stock (2400)	Direct

Footnotes

F1: Option vests 20% per year, beginning 10/27/2000.

F2: Option vests 20% per year, beginning 9/21/2002.

F3: 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 shares acquired through the Richardson Electronics, Ltd. Employee Stock Purchase Plan, a 423 Stock Purchase Plan, on 6/2/06