Wendy Diddell - Jul 18, 2023 Form 4 Insider Report for RICHARDSON ELECTRONICS, LTD. (RELL)

Role
COO, Director
Signature
/s/ Robert J. Ben, attorney-in-fact for Wendy Diddell
Stock symbol
RELL
Transactions as of
Jul 18, 2023
Transactions value $
-$86,945
Form type
4
Date filed
8/7/2023, 04:22 PM
Previous filing
Jul 19, 2023
Next filing
Aug 10, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RELL Common Stock Tax liability -$44.1K -2.76K -2.18% $15.98 124K Jul 18, 2023 Direct F1
transaction RELL Common Stock Tax liability -$42.8K -2.76K -2.22% $15.55 121K Jul 19, 2023 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 18, 2023 of $15.98 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 19, 2023 of $15.55 and does not represent a sale of the reporting person.