Wendy Diddell - Dec 8, 2021 Form 4 Insider Report for RICHARDSON ELECTRONICS LTD/DE (RELL)

Role
COO, Director
Signature
/s/ Wendy S. Diddell
Stock symbol
RELL
Transactions as of
Dec 8, 2021
Transactions value $
-$351,937
Form type
4
Date filed
12/10/2021, 03:21 PM
Previous filing
Jul 21, 2021
Next filing
Dec 27, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RELL Common Stock Options Exercise $193K +19.5K +21.82% $9.89 109K Dec 8, 2021 Direct F1
transaction RELL Common Stock Options Exercise $118K +19.7K +18.04% $5.98 129K Dec 8, 2021 Direct F1
transaction RELL Common Stock Options Exercise $137K +19.9K +15.44% $6.90 148K Dec 8, 2021 Direct F1
transaction RELL Common Stock Options Exercise $31.4K +5.61K +3.78% $5.61 154K Dec 8, 2021 Direct F1
transaction RELL Common Stock Options Exercise $10.4K +2.45K +1.59% $4.26 157K Dec 8, 2021 Direct F1
transaction RELL Common Stock Sale -$841K -67.1K -42.86% $12.54 89.4K Dec 8, 2021 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RELL Employee Stock Option (Right to Buy) Options Exercise $0 -19.5K -78.08% $0.00 5.48K Dec 8, 2021 Common Stock 19.5K $9.89 Direct F1, F3
transaction RELL Employee Stock Option (Right to Buy) Options Exercise $0 -19.7K -78.64% $0.00 5.34K Dec 8, 2021 Common Stock 19.7K $5.98 Direct F1, F4
transaction RELL Employee Stock Option (Right to Buy) Options Exercise $0 -19.9K -79.41% $0.00 5.15K Dec 8, 2021 Common Stock 19.9K $6.90 Direct F1, F5
transaction RELL Employee Stock Option (Right to Buy) Options Exercise $0 -5.61K -28.03% $0.00 14.4K Dec 8, 2021 Common Stock 5.61K $5.61 Direct F1, F6
transaction RELL Employee Stock Option (Right to Buy) Options Exercise $0 -2.45K -12.25% $0.00 17.6K Dec 8, 2021 Common Stock 2.45K $4.26 Direct F1, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These transactions were effected pursuant to a trading plan previously adopted by the reporting person in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934 (the "10b5-1 Plan"). Accordingly, the reporting person had no discretion with regard to the timing of the transaction.
F2 The price reported is the weighted average price of multiple trades at prices ranging from $12.50 to $12.68, 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.
F3 Options vest 20% per year, beginning 10/06/2015
F4 Options vest 20% per year, beginning 10/05/2016
F5 Options vest 20% per year, beginning 10/03/2017
F6 Options vest 20% per year, beginning 07/22/2020
F7 Options vest 20% per year, beginning 07/21/2021