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RICHARDSON ELECTRONICS, LTD. Director's Dealing 2021

Nov 3, 2021

33958_dirs_2021-11-03_14d262e9-b497-4037-95d5-da710e545172.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: 2021-11-01

Reporting Person: Ben Robert J (CFO, CAO, Corporate Secretary)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-11-01 Common Stock M 3000 $6.90 Acquired 45662 Direct
2021-11-01 Common Stock S 3000 $11.17 Disposed 42662 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2021-11-01 Employee Stock Option (Right to Buy) $6.90 M 3000 Disposed 2026-10-03 Common Stock (3000) Direct

Footnotes

F1: The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $11.16 to $11.18 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F2: Option vests 20% per year, beginning 10/03/2017