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RICHARDSON ELECTRONICS, LTD. — Director's Dealing 2023
Aug 7, 2023
33958_dirs_2023-08-07_1695270e-dd8d-4756-8d79-6ec6bd933788.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: RICHARDSON ELECTRONICS, LTD. (RELL)
CIK: 0000355948
Period of Report: 2023-07-18
Reporting Person: Ben Robert J (CFO, CAO, Corporate Secretary)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-07-18 | Common Stock | F | 1015 | $15.98 | Disposed | 48547 | Direct |
| 2023-07-19 | Common Stock | F | 1013 | $15.55 | Disposed | 47534 | 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.