RICHARDSON ELECTRONICS, LTD. — Director's Dealing 2023

Aug 21, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RICHARDSON ELECTRONICS, LTD. (RELL)
CIK: 0000355948
Period of Report: 2023-08-18

Reporting Person: Diddell Wendy (Director, COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-08-18	Common Stock	M	1795	$7.66	Acquired	105450	Direct
2023-08-18	Common Stock	S	1795	$11.7625	Disposed	103655	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-08-18	Employee Stock Option (Right to Buy)	$7.66	M	1795	Disposed	2031-07-19	Common Stock (1795)	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 $11.75 to $11.8150 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 07/19/2022