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RICHARDSON ELECTRONICS, LTD. Director's Dealing 2010

Dec 14, 2010

33958_dirs_2010-12-14_4f9afff1-9286-4c26-b9e9-342db7b912a2.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RICHARDSON ELECTRONICS LTD/DE (RELL)
CIK: 0000355948
Period of Report: 2010-11-19

Reporting Person: RICHARDSON EDWARD J (Director, Chairman & CEO, 10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-11-19 Common Stock L 51 $10.80 Acquired 27576 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-12-13 Class B Common $0 G 500 Disposed Common Stock (500) Direct
2010-12-13 Class B Common $0 G 500 Disposed Common Stock (500) Direct
2010-12-13 Class B Common $0 G 1000 Disposed Commons Stock (1000) Direct

Footnotes

F1: Each share of Class B Common Stock is convertible into one share of Common Stock

F2: Immediately convertable

F3: No expiration date

F4: This was a bona fide gift to Alexander Richardson, son

F5: This was a bona fide gift to Nicholas Richardson, son

F6: This was a bona fide gift to Gudrun Richardson, wife

F7: Acquired through dividend reimbursement program