Wendy Diddell - Dec 27, 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 27, 2021
Transactions value $
-$100,260
Form type
4
Date filed
12/28/2021, 11:40 AM
Previous filing
Dec 27, 2021
Next filing
Jan 10, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RELL Common Stock Options Exercise $49.3K +4.98K +5.57% $9.89 94.4K Dec 27, 2021 Direct F1
transaction RELL Common Stock Options Exercise $28.9K +4.84K +5.13% $5.98 99.3K Dec 27, 2021 Direct F1
transaction RELL Common Stock Options Exercise $32.1K +4.65K +4.68% $6.90 104K Dec 27, 2021 Direct F1
transaction RELL Common Stock Options Exercise $12.9K +2.29K +2.21% $5.61 106K Dec 27, 2021 Direct F1
transaction RELL Common Stock Options Exercise $6.6K +1.55K +1.46% $4.26 108K Dec 27, 2021 Direct F1
transaction RELL Common Stock Sale -$230K -18.3K -17% $12.56 89.4K Dec 27, 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 -4.98K -100% $0.00* 0 Dec 27, 2021 Common Stock 4.98K $9.89 Direct F1, F3
transaction RELL Employee Stock Option (Right to Buy) Options Exercise $0 -4.84K -100% $0.00* 0 Dec 27, 2021 Common Stock 4.84K $5.98 Direct F1, F4
transaction RELL Employee Stock Option (Right to Buy) Options Exercise $0 -4.65K -100% $0.00* 0 Dec 27, 2021 Common Stock 4.65K $6.90 Direct F1, F5
transaction RELL Employee Stock Option (Right to Buy) Options Exercise $0 -2.29K -16.05% $0.00 12K Dec 27, 2021 Common Stock 2.29K $5.61 Direct F1, F6
transaction RELL Employee Stock Option (Right to Buy) Options Exercise $0 -1.55K -8.83% $0.00 16K Dec 27, 2021 Common Stock 1.55K $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 $12.63, 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