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RICHARDSON ELECTRONICS, LTD. — Director's Dealing 2021
Dec 28, 2021
33958_dirs_2021-12-28_4e5de141-79de-4e78-9e81-9cbaec56c1ec.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: 2021-12-27
Reporting Person: Diddell Wendy (Director, COO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-12-27 | Common Stock | M | 4981 | $9.89 | Acquired | 94419 | Direct |
| 2021-12-27 | Common Stock | M | 4841 | $5.98 | Acquired | 99260 | Direct |
| 2021-12-27 | Common Stock | M | 4648 | $6.90 | Acquired | 103908 | Direct |
| 2021-12-27 | Common Stock | M | 2294 | $5.61 | Acquired | 106202 | Direct |
| 2021-12-27 | Common Stock | M | 1550 | $4.26 | Acquired | 107752 | Direct |
| 2021-12-27 | Common Stock | S | 18314 | $12.5595 | Disposed | 89438 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-12-27 | Employee Stock Option (Right to Buy) | $9.89 | M | 4981 | Disposed | 2024-10-06 | Common Stock (4981) | Direct |
| 2021-12-27 | Employee Stock Option (Right to Buy) | $5.98 | M | 4841 | Disposed | 2025-10-05 | Common Stock (4841) | Direct |
| 2021-12-27 | Employee Stock Option (Right to Buy) | $6.90 | M | 4648 | Disposed | 2026-10-03 | Common Stock (4648) | Direct |
| 2021-12-27 | Employee Stock Option (Right to Buy) | $5.61 | M | 2294 | Disposed | 2029-07-22 | Common Stock (2294) | Direct |
| 2021-12-27 | Employee Stock Option (Right to Buy) | $4.26 | M | 1550 | Disposed | 2030-07-21 | Common Stock (1550) | Direct |
Footnotes
F1: These transactions were effected pursuant to a trading plan previously adopted by the reporting person in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934 (the "10b5-1 Plan"). Accordingly, the reporting person had no discretion with regard to the timing of the transaction.
F2: The price reported is the weighted average price of multiple trades at prices ranging from $12.50 to $12.63, inclusive. The reporting person will provide, upon request by the SEC staff, the Issuer or a security holder of the issuer, full information regarding the number of shares sold at each price within the reported range.
F3: Options vest 20% per year, beginning 10/06/2015
F4: Options vest 20% per year, beginning 10/05/2016
F5: Options vest 20% per year, beginning 10/03/2017
F6: Options vest 20% per year, beginning 07/22/2020
F7: Options vest 20% per year, beginning 07/21/2021