RICHARDSON ELECTRONICS, LTD. — Director's Dealing 2021

Oct 21, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RICHARDSON ELECTRONICS LTD/DE (RELL)
CIK: 0000355948
Period of Report: 2021-10-19

Reporting Person: MCNALLY KATHLEEN (Sr. VP Global Supply Chain)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-10-19	Common Stock	M	4286	$5.98	Acquired	33843	Direct
2021-10-19	Common Stock	M	2400	$5.61	Acquired	36243	Direct
2021-10-19	Common Stock	M	1200	$4.26	Acquired	37443	Direct
2021-10-19	Common Stock	S	7886	$11.755	Disposed	29557	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-10-19	Employee Stock Option (Right to Buy)	$4.26	M	1200	Disposed	2030-07-21	Common Stock (1200)	Direct
2021-10-19	Employee Stock Option (Right to Buy)	$5.61	M	2400	Disposed	2029-07-22	Common Stock (2400)	Direct
2021-10-19	Employee Stock Option (Right to Buy)	$5.98	M	4286	Disposed	2025-10-05	Common Stock (4286)	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 $11.50 to $11.94 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 07/21/2021

F3: Option vests 20% per year, beginning 07/22/2020

F4: Option vests 20% per year, beginning 10/05/2016