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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.