RICHARDSON ELECTRONICS, LTD. — Director's Dealing 2011

Oct 26, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RICHARDSON ELECTRONICS LTD/DE (RELL)
CIK: 0000355948
Period of Report: 2011-10-26

Reporting Person: Dudek James (Controller & Chief Accounting)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-10-26	Common Stock	M	3000	$6.23	Acquired	4003	Direct
2011-10-26	Common Stock	S	3000	$13.14	Disposed	1003	Direct
2011-10-26	Common Stock	M	3000	$5.03	Acquired	4003	Direct
2011-10-26	Common Stock	S	3000	$13.11	Disposed	1003	Direct
2011-10-26	Common Stock	M	2200	$5.67	Acquired	3203	Direct
2011-10-26	Common Stock	S	2200	$13.12	Disposed	1003	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-10-26	Employee Stock Option (Right to Buy)	$6.23	M	3000	Disposed	2017-11-05	Common Stock (3000)	Direct
2011-10-26	Employee Stock Option (Right to Buy)	$5.03	M	3000	Disposed	2018-10-21	Common Stock (3000)	Direct
2011-10-26	Common Stock	$5.67	M	2200	Disposed	2019-10-13	Common Stock (2200)	Direct

Footnotes

F1: Partial exercise of an employee stock option of which 1,000 shares each vested on December 17, 2008, 2009, 2010, 2011, 2012

F2: Partial exercise of an employee stock option of which 1,000 shares each vested on October 21, 2009, 2010, 2011, 2012, 2013

F3: Partial exercise of an employee stock option of which 1,100 shares each vested on October 13, 2010, 2011, 2012, 2013, 2014