RICHARDSON ELECTRONICS, LTD. — Director's Dealing 2022

Oct 13, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RICHARDSON ELECTRONICS, LTD. (RELL)
CIK: 0000355948
Period of Report: 2022-10-11

Reporting Person: Benham James (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-10-11	Common Stock	M	25000	$11.14	Acquired	25000	Direct
2022-10-11	Common Stock	S	25000	$19.5472	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-10-11	Employee Stock Option (Right to Buy)	$11.14	M	25000	Disposed	2023-10-08	Common Stock (25000)	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 $19.09 to $19.88 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: Options vest 20% per year, beginning 10/08/2014