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RICHARDSON ELECTRONICS, LTD. Director's Dealing 2010

Dec 3, 2010

33958_dirs_2010-12-03_52f7d118-757a-4198-91e0-9c78fe547a85.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: 2010-02-02

Reporting Person: Diddell Wendy (EVP Corporate Development)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-12-02 Common Stock M 6803 $8.35 Acquired 6803 Direct
2010-12-02 Common Stock S 6803 $10.96 Disposed 0 Direct
2010-12-02 Common Stock M 8000 $8.58 Acquired 8000 Direct
2010-12-02 Common Stock S 8000 $10.96 Disposed 0 Direct
2010-12-02 Common Stock M 597 $7.24 Acquired 597 Direct
2010-02-02 Common Stock S 597 $10.96 Disposed 0 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-12-02 Employee Stock Option (Right to Buy) $8.35 M 6803 Disposed 2015-10-19 Common Stock (6803) Direct
2010-12-02 Employee Stock Option (Right to Buy) $8.58 M 8000 Disposed 2016-10-17 Common Stock (8000) Direct
2010-12-02 Employee Stock Option (Right to Buy) $7.24 M 597 Disposed 2017-10-09 Common Stock (597) Direct

Footnotes

F1: The exercise and sale reported in the Form 4 were affected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.

F2: Exercise of employee stock option of which 2,000 shares each vested on October 17, 2007, 2008, 2009, 2010.

F3: Partial exercise of of an employee stock option of which 2,500 shares each vested on October 9, 2008, 2009, 2010.