Kathleen Mcnally - Jul 21, 2022 Form 4 Insider Report for RICHARDSON ELECTRONICS, LTD. (RELL)

Role
Sr. VP Global Supply Chain
Signature
/s/ Robert J. Ben, attorney-in-fact for Kathleen McNally
Stock symbol
RELL
Transactions as of
Jul 21, 2022
Transactions value $
-$14,026
Form type
4
Date filed
7/25/2022, 01:49 PM
Previous filing
Jul 20, 2022
Next filing
Aug 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RELL Common Stock Tax liability -$7.01K -460 -1.33% $15.24 34.1K Jul 21, 2022 Direct F1
transaction RELL Common Stock Tax liability -$7.02K -450 -1.32% $15.59 33.6K Jul 22, 2022 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares surrendered to Issuer in connection with the vesting of a previously reported grant of restricted shares to satisfy the income tax withholding and remittance obligations of the reporting person at a net settlement price equal to closing price on the NASDAQ Global Select Market on July 21, 2022 of $15.24 and does not represent a sale of the reporting person.
F2 Represents shares surrendered to Issuer in connection with the vesting of a previously reported grant of restricted shares to satisfy the income tax withholding and remittance obligations of the reporting person at a net settlement price equal to closing price on the NASDAQ Global Select Market on July 22, 2022 of $15.59 and does not represent a sale of the reporting person.