Gregory J. Peloquin - May 13, 2024 Form 4 Insider Report for RICHARDSON ELECTRONICS, LTD. (RELL)

Role: EVP PMT
Signature: /s/ Robert J. Ben, attorney-in-fact for Gregory J. Peloquin
Stock symbol: RELL
Transactions as of: May 13, 2024
Transactions value $: -$11,936
Form type: 4
Date filed: 5/15/2024, 04:57 PM
Previous filing: May 13, 2024
Next filing: Jul 24, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RELL	Common Stock	Options Exercise	$9.27K	+928		$9.99	928	May 13, 2024	Direct
transaction	RELL	Common Stock	Sale	-$9.76K	-928	-100%	$10.52	0	May 13, 2024	Direct	F1
transaction	RELL	Common Stock	Options Exercise	$212K	+21.2K		$9.99	21.2K	May 14, 2024	Direct
transaction	RELL	Common Stock	Sale	-$223K	-21.2K	-100%	$10.53	0	May 14, 2024	Direct	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 Option (Right to Buy)	Options Exercise	$0	-928	-100%	$0.00^*	0	May 13, 2024	Common Stock	928	$9.99	Direct
transaction	RELL	Employee Option (Right to Buy)	Options Exercise	$0	-21.2K	-100%	$0.00^*	0	May 14, 2024	Common Stock	21.2K	$9.99	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $10.50 to $10.57 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the issuer, or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F2	The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $10.50 to $10.65 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the issuer, or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Content

The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $10.50 to $10.57 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the issuer, or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

The reported price in Column 4 is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $10.50 to $10.65 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the issuer, or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.