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RICHARDSON ELECTRONICS, LTD. Director's Dealing 2010

Dec 2, 2010

33958_dirs_2010-12-02_b9169eac-f066-4198-bdb0-3c751fbcf145.zip

Director's Dealing

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SEC Form 4/A — Form 4/A

Issuer: RICHARDSON ELECTRONICS LTD/DE (RELL)
CIK: 0000355948
Period of Report: 2010-11-24

Reporting Person: Diddell Wendy (EVP Corporate Development)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-11-24 Common Stock M 1376 $5.03 Acquired 1376 Direct
2010-11-24 Common Stock S 1376 $10.9069 Disposed 0 Direct
2010-11-24 Common Stock M 2750 $5.67 Acquired 2750 Direct
2010-11-24 Common Stock S 2750 $10.9069 Disposed 0 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-11-24 Employee Stock Option (Right to Buy) $5.03 M 1376 Disposed 2018-10-21 Common Stock (1376) Direct
2010-11-24 Employee Stock Option (Right to Buy) $5.67 M 2750 Disposed 2019-10-13 Common Stock (2750) Direct

Footnotes

F1: The options exercised were incorrectly identified in the reporting person's original Form 4 due to incorrect information provided by the reporting person's broker

F2: The exercise and sale reported in this Form 4 were affected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person

F3: Partial exercise of an employee stock option of wich 3,000 shares each vested on October 21, 2009 and 2010

F4: Partial exercise of an employee stock option of which 3,000 shares vested on October 13, 2010