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RICHARDSON ELECTRONICS, LTD. — Director's Dealing 2021
Dec 10, 2021
33958_dirs_2021-12-10_7982f6e2-5f26-4e64-9887-d562766aed7a.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: 2021-12-08
Reporting Person: Diddell Wendy (Director, COO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-12-08 | Common Stock | M | 19519 | $9.89 | Acquired | 108957 | Direct |
| 2021-12-08 | Common Stock | M | 19659 | $5.98 | Acquired | 128616 | Direct |
| 2021-12-08 | Common Stock | M | 19852 | $6.90 | Acquired | 148468 | Direct |
| 2021-12-08 | Common Stock | M | 5606 | $5.61 | Acquired | 154074 | Direct |
| 2021-12-08 | Common Stock | M | 2450 | $4.26 | Acquired | 156524 | Direct |
| 2021-12-08 | Common Stock | S | 67086 | $12.5422 | Disposed | 89438 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-12-08 | Employee Stock Option (Right to Buy) | $9.89 | M | 19519 | Disposed | 2024-10-06 | Common Stock (19519) | Direct |
| 2021-12-08 | Employee Stock Option (Right to Buy) | $5.98 | M | 19659 | Disposed | 2025-10-05 | Common Stock (19659) | Direct |
| 2021-12-08 | Employee Stock Option (Right to Buy) | $6.90 | M | 19852 | Disposed | 2026-10-03 | Common Stock (19852) | Direct |
| 2021-12-08 | Employee Stock Option (Right to Buy) | $5.61 | M | 5606 | Disposed | 2029-07-22 | Common Stock (5606) | Direct |
| 2021-12-08 | Employee Stock Option (Right to Buy) | $4.26 | M | 2450 | Disposed | 2030-07-21 | Common Stock (2450) | 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 $12.68, 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