Edward J. Richardson - Jul 18, 2024 Form 4 Insider Report for RICHARDSON ELECTRONICS, LTD. (RELL)

Role
Chairman & CEO, Director, 10%+ Owner
Signature
/s/ Robert J. Ben, attorney-in-fact for Edward J. Richardson
Stock symbol
RELL
Transactions as of
Jul 18, 2024
Transactions value $
-$25,087
Form type
4
Date filed
7/22/2024, 04:25 PM
Previous filing
Jul 18, 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 Tax liability -$12.6K -1.07K -2.65% $11.83 39.2K Jul 18, 2024 Direct F1
transaction RELL Common Stock Tax liability -$12.5K -1.08K -2.76% $11.52 38.1K Jul 19, 2024 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, 2024 of $ 11.83 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, 2024 of $11.52 and does not represent a sale of the reporting person.