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RICHARDSON ELECTRONICS, LTD. Director's Dealing 2010

Nov 29, 2010

33958_dirs_2010-11-29_959bc1fe-ec4d-41bf-bbdc-06b979b693f0.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: 2010-11-24

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 4126 $8.35 Acquired 4126 Direct
2010-11-24 Common Stock S 4126 $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) $8.35 M 4126 Acquired 2015-10-19 Common Stock (4126) Direct

Footnotes

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

F2: Partial exercise of an employee stock option of which 1,361 shares each vested on October 19, 2006, 2007, 2008, and 2009