Wendy Diddell - Dec 23, 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 23, 2021
Transactions value $
-$8,097
Form type
4
Date filed
12/27/2021, 03:00 PM
Previous filing
Dec 10, 2021
Next filing
Dec 28, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RELL Common Stock Options Exercise $4.95K +500 +0.56% $9.89 89.9K Dec 23, 2021 Direct F1
transaction RELL Common Stock Options Exercise $2.99K +500 +0.56% $5.98 90.4K Dec 23, 2021 Direct F1
transaction RELL Common Stock Options Exercise $3.45K +500 +0.55% $6.90 90.9K Dec 23, 2021 Direct F1
transaction RELL Common Stock Options Exercise $561 +100 +0.11% $5.61 91K Dec 23, 2021 Direct F1
transaction RELL Common Stock Sale -$20K -1.6K -1.76% $12.53 89.4K Dec 23, 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 -500 -9.12% $0.00 4.98K Dec 23, 2021 Common Stock 500 $9.89 Direct F1, F3
transaction RELL Employee Stock Option (Right to Buy) Options Exercise $0 -500 -9.36% $0.00 4.84K Dec 23, 2021 Common Stock 500 $5.98 Direct F1, F4
transaction RELL Employee Stock Option (Right to Buy) Options Exercise $0 -500 -9.71% $0.00 4.65K Dec 23, 2021 Common Stock 500 $6.90 Direct F1, F5
transaction RELL Employee Stock Option (Right to Buy) Options Exercise $0 -100 -0.69% $0.00 14.3K Dec 23, 2021 Common Stock 100 $5.61 Direct F1, F6
* 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 $12.59, 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 7/22/2020