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RICHARDSON ELECTRONICS, LTD. Director's Dealing 2007

Apr 24, 2007

33958_dirs_2007-04-24_c3b829d1-cef7-4e26-bcc9-6c016d825b5a.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RICHARDSON ELECTRONICS LTD/DE (REL)
CIK: 0000355948
Period of Report: 2007-04-23

Reporting Person: JOHNSON BRUCE W (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2007-04-23 Common Stock $.05 par value M 10000 $6.75 Acquired 10000 Direct
2007-04-23 Common Stock $.05 par value S 10000 $9.19 Disposed 0 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2007-04-23 Stock Option (Right to Buy) $6.75 M 10000 Disposed 2009-10-27 Common Stock (10000) Direct

Footnotes

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

F2: Does not include 2,000 shares which are indirectly owned by the reporting person in the name of Bruce W. Johnson U/A dtd 11/23/2002.

F3: Does not include 1,767 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.