RICHARDSON ELECTRONICS, LTD. — Director's Dealing 2010

Nov 12, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

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

Reporting Person: PELOQUIN GREGORY J (Exec. VP & GM, RFPD)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-11-11	Common Stock	M	15000	$7.06	Acquired	19357	Direct
2010-11-11	Common Stock	S	15000	$10.5647	Disposed	4357	Direct
2010-11-11	Common Stock	M	6855	$7.75	Acquired	11212	Direct
2010-11-11	Common Stock	S	6855	$10.5647	Disposed	4357	Direct
2010-11-11	Common Stock	M	7073	$8.35	Acquired	11430	Direct
2010-11-11	Common Stock	S	7073	$10.5647	Disposed	4357	Direct
2010-11-11	Common Stock	M	12000	$8.58	Acquired	16357	Direct
2010-11-11	Common Stock	S	12000	$10.5647	Disposed	4357	Direct
2010-11-11	Common Stock	M	9000	$7.24	Acquired	13357	Direct
2010-11-11	Common Stock	S	9000	$10.5647	Disposed	4357	Direct
2010-11-11	Common Stock	M	6000	$5.03	Acquired	10357	Direct
2010-11-11	Common Stock	S	6000	$10.5647	Disposed	4357	Direct
2010-11-11	Common Stock	M	3000	$5.67	Acquired	7357	Direct
2010-11-11	Common Stock	S	3000	$10.5647	Disposed	4357	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-11-11	Employee Stock Option (Right to Buy)	$7.06	M	15000	Disposed	2011-09-21	Common Stock (15000)	Direct
2010-11-11	Employee Stock Option (Right to Buy)	$7.75	M	6855	Disposed	2014-09-10	Common Stock (6855)	Direct
2010-11-11	Employee Stock Option (Right to Buy)	$8.35	M	7073	Disposed	2015-10-19	Common Stock (7073)	Direct
2010-11-11	Employee Stock Option (Right to Buy)	$8.58	M	12000	Disposed	2016-10-17	Common Stock (12000)	Direct
2010-11-11	Employee Stock Option (Right to Buy)	$7.24	M	9000	Disposed	2017-10-09	Common Stock (9000)	Direct
2010-11-11	Employee Stock Option (Right to Buy)	$5.03	M	6000	Disposed	2018-10-21	Common Stock (6000)	Direct
2010-11-11	Employee Stock Option	$5.67	M	3000	Disposed	2019-10-13	Common Stock (3000)	Direct

Footnotes

F1: 3,000 shares vested on each of October 17, 2007, 2008, 2009, and 2010.

F2: 3,000 shares vested on each of October 9, 2008, 2009, and 2010

F3: 3,000 shares vested on each of October 21, 2009 and 2010