RICHARDSON ELECTRONICS, LTD. — Director's Dealing 2023

May 23, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RICHARDSON ELECTRONICS, LTD. (RELL)
CIK: 0000355948
Period of Report: 2023-05-19

Reporting Person: PELOQUIN GREGORY J (EVP PMT)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-05-19	Common Stock	M	15000	$6.90	Acquired	15000	Direct
2023-05-19	Common Stock	M	5400	$5.61	Acquired	20400	Direct
2023-05-19	Common Stock	M	3600	$4.26	Acquired	24000	Direct
2023-05-19	Common Stock	S	24000	$17.9845	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-05-19	Employee Option (Right to Buy)	$6.90	M	15000	Disposed	2026-10-03	Common Stock (15000)	Direct
2023-05-19	Employee Option (Right to Buy)	$5.61	M	5400	Disposed	2029-07-22	Common Stock (5400)	Direct
2023-05-19	Employee Option (Right to Buy)	$4.26	M	3600	Disposed	2030-07-21	Common Stock (3600)	Direct

Footnotes

F1: The price reported is the weighted average price of multiple trades at prices ranging from $17.90 to $18.31 per share, inclusive. The reporting person will provide, upon request by the SEC staff, the Issuer or a security holder of the issuer, full information regarding the number of shares sold at each price within the reported range.