RICHARDSON ELECTRONICS, LTD. — Director's Dealing 2023

Aug 7, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RICHARDSON ELECTRONICS, LTD. (RELL)
CIK: 0000355948
Period of Report: 2023-07-18

Reporting Person: Diddell Wendy (Director, COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-07-18	Common Stock	F	2760	$15.98	Disposed	123902	Direct
2023-07-19	Common Stock	F	2755	$15.55	Disposed	121147	Direct

Footnotes

F1: Represents shares surrendered to Issuer in connection with the vesting of a previously reported grant of restricted shares to satisfy the income tax withholding and remittance obligations of the reporting person at a net settlement price equal to closing price on the NASDAQ Global Select Market on July 18, 2023 of $15.98 and does not represent a sale of the reporting person.

F2: Represents shares surrendered to Issuer in connection with the vesting of a previously reported grant of restricted shares to satisfy the income tax withholding and remittance obligations of the reporting person at a net settlement price equal to closing price on the NASDAQ Global Select Market on July 19, 2023 of $15.55 and does not represent a sale of the reporting person.