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RICHARDSON ELECTRONICS, LTD. — Director's Dealing 2024
Jul 24, 2024
33958_dirs_2024-07-24_829a48de-c7bc-46b3-9271-9ea49ef4f3b3.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: 2024-07-22
Reporting Person: RICHARDSON EDWARD J (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-07-22 | Common Stock | A | 20000 | $0.00 | Acquired | 58114 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-07-22 | Employee Stock Option (Right to Buy) | $11.89 | A | 20000 | Acquired | 2034-07-22 | Common Stock (20000) | Direct |
Footnotes
F1: Represents a restricted stock award under the Richardson Electronics, Ltd. Amended and Restated 2011 Long-Term Incentive Plan, which shall vest ratably over a three year period, beginning on the first anniversary of the date of issuance.
F2: The stock option was granted on July 22, 2024 pursuant to the Richardson Electronics, Ltd. 2011 Amended and Restated Long-Term Incentive Plan. The option vests over 5 years with 1/5 of the total number of shares subject to the option vesting on each anniversary date of grant, until fully vested.